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Tag Archives: Altcoin News

Litecoin (LTC) Price Analysis: Bulls Struggle, Risk of More Losses

Litecoin started a fresh decline below the $95 zone against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $93 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair is at risk of a downside break below the $90 and $88 support levels. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price could...

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Solana (SOL) Price Analysis: Rally Seems Far From Over

Solana price started a decent increase above the $23.80 resistance against the US Dollar. The price is now trading above $24 and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $26.20 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $24.00 and $23.80 support levels to start another increase. Solana price is trading in a positive zone above $24 against the US Dollar, similar...

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Starbucks Web3 Platform Odyssey to Launch New NFTs

Starbucks mailed to Odyssey beta testers with the subject line “We’re Getting Closer” suggesting that a public rollout will happen soon. Following its NFT drop that sold out in a matter of minutes, Starbucks is now all set to inaugurate another collection this week and claims that a public launch for its Odyssey Web3 rewards programs is being awaited. On Wednesday, April 19th, Starbucks will introduce its First Store Collection which consists of more than 50,000 NFT stamp collectibles...

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Cardano (ADA) Price Analysis: Rally Could Resume Above $0.45

ADA price is gaining pace above the $0.4200 zone against the US Dollar. The price is now trading above $0.400 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.4410 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.441 and $0.450 resistance levels. Cardano’s price is rising above $0.400 against the US Dollar, similar to Bitcoin. ADA price could resume its...

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Ethereum Price Analysis: ETH Holds Key Uptrend Support

Ethereum price is moving higher above the $2,000 resistance against the US Dollar. ETH price is now trading above $2,000 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $2,060 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $2,000 support zone. Ethereum price is rising above the $2,000 level against the US Dollar. ETH/USD could rise further if it clears the $2,140...

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Ether (ETH) Price Shoots 11-Month High despite Over 1M Withdrawals

Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249 billion. This strong price performance comes despite more than 1 million ETH being withdrawn from the Ethereum Beacon Chain just within the first four days of the Shanghai hardfork...

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Stellar Lumen (XLM) Price Eyes Fresh Increase Above $0.112

Stellar lumen price started a downside correction from the $0.115 zone against the US Dollar. XLM price is now trading above $0.1060 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.1055 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1085 and $0.112 resistance levels. Stellar lumen price is trading above $0.1050 against the US Dollar, similar to...

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Ripple Price Analysis: Dips Likely To Be Supported Above $0.5

Ripple price started a downside correction from the $0.5500 zone against the US dollar. The price is now trading above $0.505 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5090 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.5200 resistance. Ripple price is consolidating near $0.510 against the US Dollar, similar to Bitcoin. XRP price must...

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Elon Musk’s Tweet Pushes Aptos Token (APT) Price to New Highs

Soon after Elon Musk’s tweet, the Aptos token clocked a total trading volume of $460 million. On the technical chart, APT has formed a bullish pattern and could rally even further. In an interesting development, the Aptos token (APT) got an unexpected boost from the world’s second-richest man Elon Musk. In one of his cryptic tweets, which he deleted later, Elon Musk mentioned ‘AI’ and ‘APT’ spurring massive interest from the crypto community. This was enough to catapult the Aptos (APT)...

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Ethereum Breaches $2,100 Following Shapella Upgrade

Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum.  Ethereum has breached the $2,000 barrier on the heels of the Shapella upgrade, the first major network upgrade since 2022’s Merge. The second-largest cryptocurrency is currently trading at $2,114, up 6.71% on the day and 13.96% over 7 days, outperforming Bitcoin which is up 2% over the past 24 hours and is now changing hands at $30,839. The Shapella upgrade, a portmanteau...

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