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Tag Archives: Altcoin News

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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The ASA Cancels Posters Advertising Floki Inu Crypto

The Advertising Standards Authority (ASA) in the United Kingdom has banned an advertising campaign for the new altcoin Floki Inu, a derivative of the popular Shiba Inu altcoin which, in turn, stems from the popular digital meme currency Dogecoin. In other words, the ASA has a problem with Doge’s grandchild. The ASA Takes Aim at Floki Inu Floki Inu is named after Floki, the little Shiba Inu pup of South African billionaire and entrepreneur Elon Musk. Primarily known for...

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India Video Application Chingari to Unveil New Cryptocurrency

Chingari – a short video application based in India – has unveiled its new cryptocurrency GARI, which is slated to begin trading on the India-based cryptocurrency exchange Coin DCX. Chingari in India Will Have Its Own Crypto The move comes at a rather strange – and potentially inopportune – time given that India is still very much up in the air when it comes to the fate of cryptocurrency. The country has had one of the most unstable relationships in the world with...

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Face Pay to Launch New Digital Currency

Face Pay Inc. – a firm that looks to help credit card companies avoid or eliminate third-party fees – announced it is unveiling its own cryptocurrency known as Face Pay Crypto. Face Pay Is Launching a New Crypto System The company made headlines roughly two years ago when it launched a new fixed-price subscription service. Now, the enterprise will be entering the digital asset market so customers can shop utilizing currencies like bitcoin, Ethereum, and similar altcoins....

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Bitcoin Cash Analysis: Risk of Break Below $300

Bitcoin cash price started a fresh decline from the $344 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $315 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 $300 support in the near term. Bitcoin cash price is struggling below $310 against the...

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Barca Athletics Club Is Trying to Establish Its Own Digital Asset

The Barcelona Athletics Club – otherwise known as Barca or Barcelona FC – is looking to establish its own cryptocurrency so it has a fighting chance against foreign investors and corporate clubs. Barca Is Headed for the Crypto Space President Joan Laporta explained at the Mobile World Congress that he is also looking to launch a new string of non-fungible tokens (NFTs) to bolster the club’s presence in the crypto industry. While Barca has turned down several...

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EOS Price Analysis: Bulls Eye Upside Break Above $2.3

EOS price started a fresh increase above the $2.00 zone against the US Dollar. The price is now trading above $2.10 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $2.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could gain bullish momentum if there is a clear move above the $2.30 level. EOS price is showing bullish signs above $2.10 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Faces Major Hurdle Near $115

Litecoin is struggling to clear the $115 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $109 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start another decline if it trades below $109 and $105. Litecoin price is struggling below $115 against the US Dollar, similar to bitcoin. LTC price decline heavily if...

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