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Tag Archives: Altcoin News

Many Crypto Experts Believe Ethereum Will Overpower BTC

Over the past week, talk surrounding bitcoin has been invigorated considering the world’s number one digital currency by market cap has shot up to just under $40,000 for the first time in well over a month. As good as the news is, it is easy to allow bitcoin to overshadow Ethereum and many other heavy hitters within the crypto space, but one panel of experts refuses to turn away from competing altcoins. Ethereum Is Climbing Up the Financial Ladder Ethereum is the second...

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Bitcoin Cash Analysis: Eyes Upside Break above $550

Bitcoin cash price started a decent increase above the $500 resistance against the US Dollar. The price is now trading above the $500 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $505 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $550 and $555 resistance levels. Bitcoin cash price is gaining pace above the $500 zone against the US...

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EOS Price Analysis: Bullish On Close Above $4

EOS started a fresh increase above the $3.50 resistance against the US Dollar. The price is now trading above the $3.50 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $4.00 and $4.02 resistance levels in the near term. EOS price is showing positive signs above $3.50 against the...

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Litecoin (LTC) Price Analysis: More Upsides Likely Above $140

Litecoin price started a fresh increase above the $125 resistance zone against the US Dollar. LTC price is now trading nicely above $132 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $142 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate higher if there is a clear break above $142 and $145. Litecoin price is attempting a recovery above $132 against the US...

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Elon Musk Refers to Dogecoin as “Money” on Twitter

Elon Musk has always been there to push Dogecoin, and this week was no exception. The South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla tweeted that “Dogecoin is money,” and he wants everyone to take the asset seriously. Elon Musk Is Pushing Dogecoin Again Dogecoin is one of the most talked about cryptocurrencies in existence. First arriving on the monetary scene in approximately 2013, the currency initially began as a meme coin –...

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Tron (TRX) Price Analysis: Bulls Eye Surge Above $0.065

Tron price started a fresh increase above the $0.0580 resistance against the US Dollar. TRX price is now trading well above $0.0580 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0585 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher above the $0.0620 and $0.0640 resistance levels. TRON price is trading in a positive zone above $0.0600 against the US Dollar, similar to...

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Cardano (ADA) Price Analysis: Dips Could Be Limited Below $1.20

ADA price started a fresh increase above the $1.20 resistance against the US Dollar. The price is now trading well above $1.15 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.24 on the 4-hours chart (data feed via Bitfinex). The price is correcting gains, but the bulls are likely to remain active near $1.20 and $1.15. Cardano price started a decent recovery above $1.20 against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Turns Positive Above $2K

Ethereum price started a fresh increase above the key $2,000 resistance 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 below a key bullish trend line with support near $2,220 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it might find bids near the $2,000 zone. Ethereum price is showing positive signs above $2,000 against the US Dollar. ETH/USD rallied...

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EOS Price Analysis: Bears Take Step Back, Key Resistance Nearby

EOS extended its decline and traded below the $3.50 support zone against the US Dollar. The price is now trading below the $3.75 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $3.55 and $3.75 resistance levels in the near term. EOS price is showing positive signs above...

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Litecoin (LTC) Price Analysis: Chances of Steady Recovery Above $120

Litecoin price extended its decline below the $110 support zone against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase above the $118 and $120 resistance levels in the near term. Litecoin price is attempting a recovery above $110 against the...

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