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Tag Archives: Altcoin News

Cardano (ADA) Price Analysis: Risk of a Downside Break

ADA price failed to correct above $1.100 and extended its decline against the US Dollar. The price is now consolidating near the $1.000 support and well below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.100 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of a sharp decline below the $1.000 and $0.9800 support levels. Cardano price is showing bearish signs below $1.100 against the...

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Ethereum Price Analysis: ETH Correction Reaches Crucial Juncture

Ethereum price traded as high as $1,947 before starting a downside correction against the US Dollar. ETH price is currently trading near the $1,700 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,720 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear break below $1,720 and $1,700. Ethereum price is correcting gains from well above $1,900 against the US...

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Actor Terry Crews Gets Involved in Crypto, Mints His Own Coin

We’ve seen many instances where celebrities – whether they be actors, athletes, etc. – get involved in the cryptocurrency scene, from Kanye West to Floyd Mayweather and DJ Khaled. Now, it looks like actor, host and former NFL star Terry Crews is dipping his fingers into the crypto pot. The star of “The Expendables” and host of “America’s Got Talent” has announced he’s minting his own digital coin. Terry Crews Has Entered the Crypto Forum with $POWER The asset has come by...

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Stellar Lumen (XLM) Price Eyes Fresh Increase Above $0.42

Stellar lumen price is facing resistance near $0.4200 and $0.4500 against the US Dollar. XLM price is now consolidating below $0.4000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4060 on the 4-hours chart (data feed via Kraken). The pair could start a strong increase if it manages to clear $0.4060 and $0.4200. Stellar lumen price is forming a base above the $0.3750 level against the US Dollar, while bitcoin...

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Ripple Price Analysis: Facing Uphill Task Near $0.50

Ripple price is still struggling to gain pace above the $0.4800 and $0.5000 resistance levels against the US dollar. The price is now well below $0.5000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.4560 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could either rally above $0.4600 or it might dive towards the $0.3950 support. Ripple price is consolidating well below the...

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Mobile Coin Gets Its Hands On a Lot of Money

Digital asset Mobile Coin is probably nowhere near as well-known or as popular as bitcoin, Ethereum, Litecoin or any other virtual currencies in the top ten. In fact, it could be argued that some have not even heard of the asset, and yet somehow, the company has managed to get its hands on nearly $12 million through two recent funding rounds. Mobile Coin Grows Following Two Funding Rounds Future Ventures and General Catalyst were tasked with hosting the rounds, which...

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Bitcoin Cash Analysis: Bulls Prepare For Crucial Upside Break

Bitcoin cash price is struggling to clear the $560 resistance zone against the US Dollar. The price is now trading well above $520 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $535 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a strong surge if there is a break above $560 and $570. Bitcoin cash price is likely preparing for a fresh increase above $570 against the...

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A Continuation of Jack Dorsey and the NFT

Yesterday, Live Bitcoin News reported that Jack Dorsey – the CEO of both Twitter and Square – was looking to sell a bit of his social media company’s history by auctioning off the first tweet ever issued. The tweet simply read “just setting up my twttr” and was the first message ever sent by Dorsey or by any Twitter user. Dorsey Will Donate His Money to Charity Now, new details have emerged regarding what Dorsey is planning to do with the money he earns from the sale....

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EOS Price Analysis: Breakout Above $4.40 Seems Likely

EOS is slowly rising from the $3.500 support base against the US Dollar. The price is currently trading above the $3.800 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase above the $4.400 and $4.500 resistance levels. EOS price is consolidating above $3.800 against the US Dollar, while...

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Litecoin (LTC) Price Analysis: Bulls Aim Fresh Test of $240

Litecoin price is recovering and it is now well above the $185 level against the US Dollar. LTC price is now testing the $205 resistance and it is well above the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to clear the $210 resistance and start a strong increase in the near term. Litecoin price is consolidating above $185 and...

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