Tag Archives: Altcoin News

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...

EOS started a fresh decline after it failed to surpass $4.40 against the US Dollar. The price is now trading below the $4.00 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3.65 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower if it breaks the $3.50 support zone in the near term. EOS price is showing bearish signs below $4.00 against the US Dollar,...

Litecoin price extended its decline below the $130 support zone against the US Dollar. LTC price is now trading below $132 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $133 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline as long as it is below the $132 and $135 levels in the near term. Litecoin price is struggling to recover above $132 against the...

Tron price started a fresh decline from well above $0.0650 against the US Dollar. TRX price is now trading well below $0.0620 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0640 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue lower below $0.0560 unless the bulls gain strength above $0.0650. TRON price is slowly moving lower below $0.0600 against the US Dollar, similar to bitcoin....

ADA price started a fresh decline after it failed to surpass $1.50 against the US Dollar. The price is now trading well below $1.35 and the 55 simple moving average (4-hours). There was a break below a key rising channel with support near $1.38 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.25 support level in the near term. Cardano price is trading in a negative zone below $1.35 against the US Dollar, similar to...

Ethereum price failed to recover above $2,200 and started a fresh decline against the US Dollar. ETH price is now trading well below $2,200 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2,100 on the 4-hours chart (data feed from Coinbase). The pair is likely to accelerate lower if there is a close below the $2,000 support zone. Ethereum price is struggling to stay above $2,000 against the US Dollar....

Cryptocurrency startup Circle is taking a page right out of the “book of Coinbase” and has announced plans to go public. Circle Is Set to Go Public The company first needs to complete a merger with Concord Acquisition Corp., a special acquisition company led by the former CEO of Barclays Bob Diamond. This merger means Circle will soon boast a valuation of approximately $4.5 billion, making it one of the most powerful crypto-centered firms in the digital space. The news...

Stellar lumen price tested the $0.2320 support before correcting higher against the US Dollar. XLM price is now facing resistance near $0.2550 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2480 on the 4-hours chart (data feed via Kraken). The pair is likely to start a steady increase if there is a break above the $0.2550 resistance. Stellar lumen price is facing hurdles near $0.2500 and $0.2550...