Altcoins

Stellar lumen price started a fresh increase from the $0.1500 support zone against the US Dollar.XLM price broke the $0.1650 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1640 on the 4-hours chart (data feed via Kraken).The pair could continue to rise if there is a clear break above the $0.1800 resistance zone.Stellar lumen price started a fresh increase above $0.1650 against the US Dollar, similar to...

After reclaiming the $19,000 bitcoin’s chances to break above $19,400 seem more likely. Most altcoins have slightly increased their value in a day, with Ethereum closing down to $600.Bitcoin Stays Above $19KFollowing last week’s roller-coaster that resulted in bitcoin dipping to $17,500 on two occasions, the primary cryptocurrency started to gain value during the weekend.CryptoPotato reported that the asset firstly overcame $18,000 before doing the same with the $19,000 level. In the past 24...

Ripple price is struggling to clear the $0.5400 and $0.5500 resistance levels against the US dollar.The price is still above the $0.4800 support, but it is well below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.5520 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could decline heavily if there is a clear break below the $0.4800 and $0.4750 support levels.Ripple price is showing bearish signs below...

Just two days after bottoming at $17,500, bitcoin has recovered the losses and spiked back beyond $19K, as of writing these lines. Most major altcoins are also green, besides Ripple (XRP), which continues to drop in value following the Spark (FLR) airdrop snapshot.Bitcoin Soars Above $19,300: Overvalued?The primary cryptocurrency had a volatile past several days. Last Friday, just two days ago, It went from trading safely around the $19K mark to as low as $17,500.However, after Wall Street...

Despite nearly two years of delays and several regulatory hurdles, Facebook’s Libra – now called Diem – is still looking to carve out a place for itself in the crypto space.Diem Is Still Trying to Move ForwardFacebook first entered the cryptocurrency environment in June of 2019, announcing that it was looking to establish a global payment system and unveil a new digital asset it was calling Libra that could potentially be utilized to purchase goods and services through the social media...

This week had the entire cryptocurrency market painted in red as Bitcoin withdrew to a low of $17,650 before recovering to where it currently trades at. All of the altcoins followed suit, and as a result, they’ve charted substantial decreases over the course of the past seven days, as seen in the graph below.Bitcoin lost roughly 5.6% over the past 7 days now. Following the latest drops, the leading cryptocurrency is now floating around $18,000.However, its long-term bullish trajectory is...

A year after PayPal suspended transactions for the leading adult website Pornhub, MasterCard, and Visa have followed the example in the midst of child abuse allegations.With cryptocurrencies remaining one of the few available options for payments, the question stands if such association is indeed positive for the industry.Visa and MasterCard Block Use Of Cards On PornhubThe popular adult website has attracted lots of negative attention to itself in the past few years. The situation worsened...

Bitcoin cash price started a fresh decline from well above the $280 support against the US Dollar.The price is now trading below the $270 level and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $268 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more losses if there is a break below the $254 support zone.Bitcoin cash price is facing an increase in selling below $280 against the US...

EOS started a strong decline below the $3.000 support zone against the US Dollar.The price is currently trading below the $2.900 pivot level and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $2.840 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move down as long as it is below the $2.850 and $2.900 resistance levels.EOS price is facing a lot of hurdles on the upside near $2.900 against the...

Litecoin price started a fresh decline below the $82.00 and $80.00 levels against the US Dollar.LTC price traded close to the $72.00 level and settled below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $83.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face hurdles near $78.40 and $80.00 in the near term and resume its decline.Litecoin price is currently trading in a bearish zone below...