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Tag Archives: Altcoin News

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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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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