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Tag Archives: Altcoin News

Cardano (ADA) Price Analysis: Bulls Eye Upside Break

ADA price started a fresh increase above the $0.54 resistance against the US Dollar. The price is now trading above $0.54 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.536 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.530 support zone. Cardano price is showing positive signs above $0.530 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Reaches Key Uptrend Support

Ethereum price started a downside correction from the $2,000 zone against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,820 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,780 zone. Ethereum price is correcting lower below $1,900 against the US Dollar. ETH/USD could rise again...

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Stellar Lumen (XLM) Price Could Surge Past $0.13

Stellar lumen price started a fresh increase above the $0.1250 resistance zone against the US Dollar. XLM price is now trading above $0.1250 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.1260 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1250 and $0.1220 support levels. Stellar lumen price is trading above $0.1250 against the US Dollar, similar to...

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Ripple Price Analysis: Bulls Eye Upside Break Above $0.4

Ripple price gained pace and cleared the $0.3650 resistance against the US dollar. The price is now trading above $0.365 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3740 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3720 and $0.3650 support levels. Ripple price is recovering above $0.3750 against the US Dollar, similar to bitcoin....

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Bitcoin Cash Analysis: Fresh Increase Likely Above $150

Bitcoin cash price started a fresh increase from the $130 zone against the US Dollar. The price is now trading above the $140 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $136 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $146 and $150 to continue higher in the near term. Bitcoin cash price is climbing above $140 against the US Dollar, similar to bitcoin. BCH/USD...

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New NFT Federation Album Available for Purchase

Federation – a psy-punk music project – has unveiled a new limited edition non-fungible token (NFT) album it’s calling “F.” The album is only available on RCRDSHP, an NFT platform that features a wide variety of collectibles all purchasable by cryptocurrencies such as bitcoin. Federation NFT Album “F” Now Available to Buy The NFT space has gotten huge in just the last two years alone. While NFTs have technically been around since 2017, they expanded heavily in 2020 –...

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Cardano (ADA) Price Analysis: Bulls Eye Upside Break

ADA price started a fresh increase above the $0.52 resistance against the US Dollar. The price is now trading above $0.52 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.5120 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.512 support zone. Cardano price is showing positive signs above $0.512 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Starts Strong Increase Above $1,800

Ethereum price started a major increase above the $1,800 level against the US Dollar. ETH price is now trading above $1,850 and the 55 simple moving average (4-hours). There was a break above a connecting bearish trend line with resistance near $1,760 on the 4-hours chart (data feed from Coinbase). The pair could gain bullish momentum if it clears the $1,920 resistance zone. Ethereum price is rising above the $1,800 level against the US Dollar. ETH/USD could rise further...

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Sam Bankman-Fried: Most Assets Are Ponzi Schemes

Sam Bankman-Fried – the crypto executive behind the growing and increasingly popular digital exchange FTX – has said many of the digital currencies out there are “empty products” with “real crash potential.” Sam Bankman-Fried on Many of the Newer Assets His words come at a time when the crypto space is arguably suffering like it never has before. Assets like bitcoin, for example, have lost more than 70 percent of their value at the time of writing, with the world’s...

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The Central African Republic Is Building Its Own Virtual Asset

The Central African Republic (CAR) has come a long way in the digital currency space. The nation was the second in the world to declare bitcoin legal tender within its borders, clearly following in the footsteps of the Central American nation of El Salvador. Now, representatives for the country have announced that they are going to be creating their own digital currency that residents can use to purchase goods and services. The Central African Republic Has a Lot of...

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