Tag Archives: Altcoin News

Ethereum price started a fresh increase above the key $2,000 resistance against the US Dollar. ETH price is now trading well above $2,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $2,220 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it might find bids near the $2,000 zone. Ethereum price is showing positive signs above $2,000 against the US Dollar. ETH/USD rallied...

EOS extended its decline and traded below the $3.50 support zone against the US Dollar. The price is now trading below the $3.75 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $3.55 and $3.75 resistance levels in the near term. EOS price is showing positive signs above...

Litecoin price extended its decline below the $110 support zone against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase above the $118 and $120 resistance levels in the near term. Litecoin price is attempting a recovery above $110 against the...

Tron price started a fresh decline from well above $0.0600 against the US Dollar. TRX price is now trading well below $0.0550 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0530 on the 4-hours chart (data feed via Bitfinex). The pair could correct higher, but the bears are likely to remain active near $0.0530 and $0.0550. TRON price is slowly moving lower below $0.0500 against the US Dollar, similar to...

ADA price started a fresh decline after it failed to surpass $1.30 against the US Dollar. The price is now trading well below $1.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.15 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.10 support level in the near term. Cardano price is trading in a negative zone below $1.20 against the US Dollar, similar to...

Ethereum price started a fresh decline and it broke the $2,000 support zone against the US Dollar. ETH price is now trading well below $2,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,850 on the 4-hours chart (data feed from Coinbase). The pair is likely to accelerate lower if there is a close below the $1,750 support zone. Ethereum price is showing bearish signs below $2,000 against the US Dollar....

Jackson Palmer – the co-creator of popular meme currency Dogecoin – had some unflattering things to say about the industry he has called home for so many years. Palmer: Cryptocurrency Is “Inherently Right Wing” In a recent interview, Palmer claimed that the crypto space has largely become exactly like the financial industry it was designed to replace. He says it is controlled by a small group of wealthy elitists that have managed to weave their way in and implement...

Ripple price is slowly moving lower below the $0.6200 support zone against the US dollar. The price is now trading well below the $0.6000 resistance and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $0.5900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if it clears the $0.6000 and $0.6200 resistance levels. Ripple price is struggling to recover above...

Federal Reserve Chairman Jerome Powell took the stand to discuss bitcoin and other cryptocurrencies with the U.S. Financial Services Committee. He stated to the panel that if the United States had its own digital currency in play, bitcoin would serve no purpose and would ultimately disappear. Jerome Powell Doesn’t Appear Against the Idea of a National Digital Currency Powell explained: One of the arguments that are offered in favor of a digital currency: you would not...

Bitcoin cash price remained in a bearish zone below the $500 resistance against the US Dollar. The price is now trading below the $475 support and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $472 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $472 and $475 resistance levels. Bitcoin cash price is struggling to move higher above $475...