Altcoins

Although most previous weekends started with adverse price movements for bitcoin, this time, BTC added more than a grand and reclaimed $34,000. Most altcoins have also reclaimed some ground since yesterday, with Cardano (ADA) rising 7% after news from Grayscale. Bitcoin Tops $34K CryptoPotato reported previously that the primary cryptocurrency tends to head south at the start of the weekends. Consequently, there were concerns about similar developments this time as well. So...

A new cryptocurrency known as CluCoin designed to focus on charity functions is making its way into the digital market. CluCoin Is Looking to Tie Itself to Charities The asset was created by a Twitch streamer known simply as DNP3. At the time of writing, his official identity remains unknown. In an interview, he explained the reason for the currency’s existence: Our goal is to improve all our community members’ lives, while also making the world a better place through...

Bitcoin cash price is facing resistance near the $550 and $560 levels against the US Dollar. The price is now close to the $485 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $488 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could either start a fresh increase above $500 or it might dive towards the $425 level. Bitcoin cash price is slowly moving lower below $500 against the US...

EOS seems to be forming a decent support base above the $3.80 level against the US Dollar. The price is now trading well above $3.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $3.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase if there is a clear break above the $4.40 and $4.50 levels. EOS price is showing positive signs above...

Litecoin price started an upside correction above the $120 zone against the US Dollar. LTC price is now well above the $130 level and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend lien with resistance near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $145 and $150 to start a fresh rally in the near term. Litecoin price is slowly gaining pace above $130 against the US Dollar, unlike...

Tron price formed a base above $0.0500 and started a fresh increase against the US Dollar. TRX price is now trading well above $0.0600 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.0640 and $0.0620. TRON price is now showing positive signs above $0.0600 against the US Dollar,...

Elon Musk is in the news again. This time, he is sticking up for the meme currency Dogecoin, and saying how much he supports a proposed upgrade that could potentially allow Doge transactions to become cheaper in the future. Elon Musk Shows Support for Doge There are probably a healthy number of people out there that really could give a hoot about anything Musk has to say at this point. The man has played so many games in the past two months and tweeted so much nonsense...

ADA price started a fresh increase after it found support near $1.00 against the US Dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $1.30 on the 4-hours chart (data feed via Bitfinex). The price is consolidating above the trend line and it could rally above the $1.35 resistance zone. Cardano price is trading in a positive zone above $1.30 against the US...

Ethereum price started a decent recovery wave from the $1,700 zone against the US Dollar. ETH price is now trading well above $2,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,850 on the 4-hours chart (data feed from Coinbase). The pair is likely to correct further higher towards the $2,275 resistance zone in the near term. Ethereum price is recovering higher above $2,000 against the US Dollar....

Stellar lumen price extended its decline and it even tested $0.2000 against the US Dollar. XLM price is now trading near $0.2600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.2600 on the 4-hours chart (data feed via Kraken). The pair is likely to start a major increase if it surpasses $0.2600 and $0.2700. Stellar lumen price is facing hurdles near $0.2600 and $0.2700 against the US Dollar, similar to...