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Tag Archives: Altcoin News

Cardano (ADA) Price Analysis: More Gains above $1.50 Likely

ADA price started a fresh increase after it found support near $1.20 against the US Dollar. The price is now trading above $1.35 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $1.35 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above $1.45 and $1.50 in the near term. Cardano price is trading in a positive zone above $1.35 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Reaches Key Juncture Near $2,200

Ethereum price gained pace above the $2,100 and $2,200 resistance levels against the US Dollar. ETH price is now trading well above $2,100 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,200 on the 4-hours chart (data feed from Coinbase). The pair could either decline heavily or it might start a fresh increase above $2,300 in the near term. Ethereum price is struggling to hold gains above $2,200 against the US...

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Ripple Price Analysis: Key Support Nearby At $0.67

Ripple price started an upside correction above the $0.6500 resistance against the US dollar. The price is now trading nicely above $0.6500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.6700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if it stays above the main $0.6500 support zone. Ripple price is slowly recovering above $0.6500 against the US...

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New Charity Token CluCoin Enters the Crypto Foray

A new cryptocurrency known as CluCoin designed to focus on charity functions is making its way into the digital market. CluCoin Is Looking to Tie Itself to Charities The asset was created by a Twitch streamer known simply as DNP3. At the time of writing, his official identity remains unknown. In an interview, he explained the reason for the currency’s existence: Our goal is to improve all our community members’ lives, while also making the world a better place through...

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Bitcoin Cash Analysis: Trading Near Crucial Juncture Above $480

Bitcoin cash price is facing resistance near the $550 and $560 levels against the US Dollar. The price is now close to the $485 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $488 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could either start a fresh increase above $500 or it might dive towards the $425 level. Bitcoin cash price is slowly moving lower below $500 against the US...

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EOS Price Analysis: Bulls Eyeing Fresh Rally above $4.4

EOS seems to be forming a decent support base above the $3.80 level against the US Dollar. The price is now trading well above $3.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $3.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase if there is a clear break above the $4.40 and $4.50 levels. EOS price is showing positive signs above...

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Litecoin (LTC) Price Analysis: Fresh Rally Likely If It Breaks $150

Litecoin price started an upside correction above the $120 zone against the US Dollar. LTC price is now well above the $130 level and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend lien with resistance near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $145 and $150 to start a fresh rally in the near term. Litecoin price is slowly gaining pace above $130 against the US Dollar, unlike...

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Tron (TRX) Price Analysis: Bulls Back In Action Above $0.06

Tron price formed a base above $0.0500 and started a fresh increase against the US Dollar. TRX price is now trading well above $0.0600 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.0640 and $0.0620. TRON price is now showing positive signs above $0.0600 against the US Dollar,...

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Elon Musk Pushes for Doge Structural Change; Currency Spikes

Elon Musk is in the news again. This time, he is sticking up for the meme currency Dogecoin, and saying how much he supports a proposed upgrade that could potentially allow Doge transactions to become cheaper in the future. Elon Musk Shows Support for Doge There are probably a healthy number of people out there that really could give a hoot about anything Musk has to say at this point. The man has played so many games in the past two months and tweeted so much nonsense...

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Cardano (ADA) Price Analysis: Bulls Aim Larger Rally Above $1.35

ADA price started a fresh increase after it found support near $1.00 against the US Dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $1.30 on the 4-hours chart (data feed via Bitfinex). The price is consolidating above the trend line and it could rally above the $1.35 resistance zone. Cardano price is trading in a positive zone above $1.30 against the US...

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