Tag Archives: Altcoin News

Bitcoin price started a fresh decline from the $59,000 resistance against the US Dollar. The price is now trading below $52,000 and the 55 simple moving average (4-hours). There is a major bearish trend line with resistance near $52,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could resume decline if it fails to clear the $52,000 resistance zone. Bitcoin price is struggling below $52,000 against the US Dollar. BTC might decline heavily...

David Marcus – head of the blockchain department at Facebook, now known as Meta – has stated he will be exiting his position and leaving the social media giant at the end of 2021. David Marcus Is Taking a Different Path Marcus is a former PayPal executive that joined forces with Facebook to release a new cryptocurrency that people could use to pay for goods and services. Known as Libra, the currency would be tied to a wallet system called Calibra, which would store...

Ethereum price started a fresh increase from the $3,650 support against the US Dollar. ETH price is now trading above $4,200 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4,400 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,400 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could start a major...

ADA price started a recovery wave above the $1.30 and $1.40 resistance levels against the US Dollar. The price is still trading below $1.50 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $1.35 on the 4-hours chart (data feed via Bitfinex). The price might extend gains if it manages to clear the $1.50 resistance zone. Cardano price is struggling below the $1.50 resistance against the US Dollar, unlike...

Stellar lumen price started a fresh decline from the $0.3600 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2900 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3000. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar, similar to...

Ripple price started a fresh decline from the $1.05 resistance 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 $0.8800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is no recovery wave above $0.90. Ripple price is showing bearish signs below $0.90 against the US Dollar, unlike bitcoin....

The journey of a new digital token potentially based on the works of British author J.R.R. Tolkien – known predominantly for “The Hobbit” and “The Lord of the Rings” novels – has come to a sudden halt thanks to the author’s estate. Tolkien Crypto Comes to a Short Stop The cryptocurrency was launched last August accompanied by the tagline “The One Token That Rules Them All.” Promoting the asset was a new video hosted by Billy Boyd, famous for playing the role of Pippin in...

Bitcoin cash price started a fresh decline from $640 against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $570 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $600 against the US Dollar, similar to bitcoin....

EOS price started a fresh decline from the $4.15 resistance against the US Dollar. The price is now trading below $4.00 and the 55 simple moving average (4-hours). Earlier, there was a break above a major bearish trend line with resistance near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down below the $3.85 and $3.80 support levels. EOS price is showing bearish signs below $4.00 against the US Dollar, similar...

Litecoin price is facing resistance near the $220 zone against the US Dollar. LTC price is now trading near $205 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $211 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 $200 support. Litecoin price is consolidating above $200 against the US Dollar, similar to bitcoin. LTC...