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Tag Archives: Altcoin News

Bitcoin Cash Analysis: $400 Presents Key Resistance

Bitcoin cash price started a fresh increase from the $280 support against the US Dollar. The price is now trading above the $350 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $360 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $330 support zone. Bitcoin cash price is showing positive signs above $350 against the US...

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Cardano (ADA) Price Analysis: Bulls Gain Strength above $1

ADA price started a strong increase above the $0.90 resistance against the US Dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.9900 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $0.9800. Cardano price is surging above $1.00 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...

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Report: India Has No Plans for a Digital Rupee

Not long ago, it was reported that the Reserve Bank of India (RBI) was planning to not only regulate cryptocurrency, but it would also be unveiling a digital version of the rupee, the official currency for the nation. While nothing can be said about the regulation, it has been confirmed by the RBI that there are presently no plans to unleash a digital rupee. India Will Not Create a Digital Rupee After All The news was released by Minister of State for Finance Pankaj...

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Ethereum Price Analysis: ETH Eyes More Gains Above $3K

Ethereum price started a fresh increase from the $2,500 support zone against the US Dollar. ETH price is now trading above $2,800 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2,900 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,900 support. Ethereum price is consolidating below $3,000 against the US Dollar. ETH/USD eyes more upsides if there is...

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Ripple Price Analysis: Dips Remain Supported Near $0.8

Ripple price started a fresh increase above the $0.80 resistance zone against the US dollar. The price is now trading above $0.80 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.8050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase unless there is a clear move below the $0.8000 support zone. Ripple price is trading in a bullish zone above $0.8000 against...

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Bitcoin Cash Analysis: Chances of Fresh Increase above $300

Bitcoin cash price started a fresh decline from the $320 resistance against the US Dollar. The price is now trading near the $300 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $290 support in the near term. Bitcoin cash price is struggling below $320 against the US...

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Race Car Driven by Ayrton Senna Sells for $5 Million in Crypto

Cryptocurrency has permitted the historic purchase of a legendary race car. A McLaren 1989 MP4/5 F1 car that was once driven by legendary race car figure Ayrton Senna was purchased for roughly $5 million through a company called Himalaya Pay. The platform oversaw the transaction, which was done through a stable coin listed on the Himalaya Exchange known as the Himalaya Dollar (HDO). Ayrton Senna Sees His Legacy Grow with Crypto Senna is one of the most well-known and...

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Solana (SOL) Price Analysis: Bulls Face Uphill Task

Solana price started a fresh decline from the $90.00 zone against the US Dollar. The price is now trading below $85.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $83.85 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $84.00 and then $85.00 to start a fresh increase in the near term. Solano price is struggling to settle above the $85.00 resistance against the US...

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Cardano (ADA) Price Analysis: Key Breakout With Hurdle Near $0.82

ADA price declined below $0.85 and $0.82 against the US Dollar. The price is now trading below $0.82 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.800 on the 4-hours chart (data feed via Bitfinex). The price could start a recovery wave if there is a move above $0.820 and $0.833. Cardano price is struggling below $0.85 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if there...

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Ethereum Price Analysis: ETH Reaches Crucial Juncture

Ethereum price started a fresh decline from well above $2,700 against the US Dollar. ETH price is now trading below $2,600 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,565 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to clear the $2,600 resistance zone. Ethereum price is struggling below $2,600 against the US Dollar. ETH/USD remains at a risk of more...

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