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Tag Archives: Altcoin News

Ripple Price Analysis: Bulls Eye Fresh Increase above $0.80

Ripple price is struggling to clear the $0.80 resistance zone against the US dollar. The price is now trading above $0.72 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a fresh increase unless there is a clear move below the $0.7080 support zone. Ripple price is trading in a bullish zone above $0.7080 against the US...

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Defi Platform Cega Earns a Lotta Money

Cega Finance – a decentralized finance platform – has earned more than $4 million in seed money from firms such as Dragonfly Capital Partners, Coinbase Ventures, Alameda Research, and Solana Ventures. Cega Finance Completes $4 Million Funding Round Cega seeks to bring exotic derivative capabilities to crypto. At press time, the Cega team consists of several monetary experts, experienced developers, Y Combinator founders, and a former options trader. The company’s staple...

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Bitcoin Cash Analysis: Bearish Signs Below $300

Bitcoin cash price started a fresh decline from the $320 resistance against the US Dollar. The price is now trading below the $300 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line 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 $280 support in the near term. Bitcoin cash price is struggling below $300 against the...

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EOS Price Analysis: Bulls Face Uphill Task Above $2

EOS price started a fresh increase from the $1.88 zone against the US Dollar. The price is now trading below $2.10 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.975 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.10 resistance zone. EOS price is showing bearish signs below $2.10 against the US Dollar, unlike bitcoin. The...

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Litecoin (LTC) Price Analysis: $100 Is The Key

Litecoin is struggling to clear the $110 resistance against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $106 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline if it fails to stay above the $100 support zone. Litecoin price is struggling below $110 against the US Dollar, similar to bitcoin. LTC...

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Tron (TRX) Price Analysis: Rally Possible If It Clears $0.065

Tron price started a decent increase from the $0.0575 level against the US Dollar. TRX price is now trading above $0.0600 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0602 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it clears the $0.0630 resistance zone and then $0.0650. TRON price started a fresh increase above $0.0600 against the US Dollar, similar to...

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Cardano (ADA) Price Analysis: Recovery Could Face Hurdles

ADA price declined below $0.90 and $0.85 against the US Dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.820 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 $0.832. Cardano price is struggling below $0.90 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if there...

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Ethereum Price Analysis: ETH Struggles Below $3K

Ethereum price started a fresh decline from well above $3,000 against the US Dollar. ETH price is now trading below $2,800 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2,590 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,445 support zone. Ethereum price is gaining bearish momentum below $2,800 against the US Dollar. ETH/USD remains at a...

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Stellar Lumen (XLM) Price Reaches Crucial Juncture At $0.165

Stellar lumen price started a fresh decline from well above the $0.200 zone against the US Dollar. XLM price is now trading below $0.1800 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.1750 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1650. Stellar lumen price is trading in a bearish zone below $0.1880 against the US Dollar, similar to...

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Ripple Price Analysis: Risk of Downside Break Below $0.7

Ripple price is struggling to stay above the $0.70 zone against the US dollar. The price is now trading below $0.75 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.7550 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear move below the $0.7000 support. Ripple price is trading in a bearish zone below $0.8000 against the US Dollar,...

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