Altcoins

Bitcoin has failed to break above $40,000 again and has stalled beneath $39,000. The altcoin situation is significantly more volatile, with Ethereum jumping north of $1,200 and Polkadot surpassing XRP as the fourth-largest crypto following a 30% surge.ETH Above $1,200, DOT Takes The 4th SpotThe alternative coins demonstrated high volatility levels in the past week, with massive drops during the Black Monday crash and rapid recovery sessions in the days that followed.Most large-cap ones have...

Bitcoin cash price started a fresh increase above the $450 resistance against the US Dollar.The price climbed above the $485 resistance and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally further above $520 or it might dip sharply below the $485 support.Bitcoin cash price is showing positive signs above $485 against the US Dollar, similar...

It has become rather clear in recent years that crypto crime will not be tolerated. Rossen Iossifov – the Bulgarian owner of the now defunct RG Coins – is learning this lesson the hard way.Iossifov Sentenced to Ten YearsIossifov has been sentenced to ten years behind bars for running a cryptocurrency exchange that was allegedly used to launder tens of millions of dollars in ill-gotten funds. The exchange was reportedly utilized to host fake auctions, convincing people to invest and then...

Bitcoin has shot back above the $35,000 mark at the time of writing. This is about $2,000 higher than where it stood yesterday. The currency is once again bringing itself up the financial ladder, and it looks like the asset is beginning to earn all kinds of celebrity endorsements from the likes of singer Lindsay Lohan and others.Lindsay Lohan Is Pushing BitcoinBitcoin has always a big celebrity attractor. Many figures who can be classified as rich and famous have turned their sights to...

On Thursday, January 14th, the Ethereum altcoin keeps correcting, trading at $1,122.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of ETH/USD: ETH is correcting.The ETH reached its all-time high in January.Vitalik Buterin is propelling the idea of social wallets.On W1, ETH keeps correcting in an uptrend. The aim of the decline can become the next Fibonacci level – 61.8%. The MACD histogram is above zero, which means the upward dynamics will restore soon. The signal lines of...

EOS started a strong decline from the $3.950 level and declined below $3.00 against the US Dollar.The price is currently trading below the $2.800 resistance and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $2.800 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.800 and $2.980 resistance levels.EOS price is forming a decent support at $2.400 against the US...

Litecoin price started a fresh increase after testing the $110 zone against the US Dollar.LTC price is back above $140, but it is still below the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $150 resistance zone in the near term.Litecoin price is showing positive signs above $140 and $142 against the US...

New Zealand’s financial regulator has warned investors of the dangers of investing in Bitcoin. The comments were aimed at the recent fluctuations in the price of the major cryptocurrencies, which have shown quite the amplitude.Negativity, Led By The Recent Ups and Downs of BTC PriceNew Zealand’s Financial Markets Authority (FMA) has issued a candid warning for investors from the country, considering their take on cryptocurrency and mainly Bitcoin. A recent news report by the Herald quoted the...

Tron price failed to clear the $0.0360 resistance and declined below $0.0320 against the US Dollar.TRX price is now trading well below $0.0310 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could start a major decline if it fails to stay above the $0.0280 and $0.0270 support levels.TRON price is showing bearish signs below $0.0310 and $0.0320 against the US Dollar, similar to...

ADA price rallied towards the $0.3500 level before correcting lower against the US Dollar.The price is now facing hurdles near $0.3000, but trading above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2200 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher once it clears the $0.3000 resistance zone in the near term.Cardano price is recovering losses from the $0.2200 support zone against the US Dollar,...