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Tag Archives: Altcoin News

Stellar Lumen (XLM) Price Could Gain Momentum Above $0.40

Stellar lumen price is consolidating above $0.3500 against the US Dollar. XLM price is now trading above $0.3600 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair could start a fresh increase if there is a clear break above the $0.4000 resistance. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price must...

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Ripple Price Analysis: Fresh Increase Likely Above $1.24

Ripple price declined below $1.25 and tested the $1.165 support against the US dollar. The price is now trading near $1.21 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.175 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above $1.235. Ripple price is slowly rising above $1.20 against the US Dollar, unlike bitcoin. XRP price must...

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New York City Is Set to Receive Its Own Digital Asset

Eric Adams – the mayor-elect of New York City – continues to push the region’s newfound crypto agenda and now says plans are underway to establish a new digital asset specific to the Big Apple. New York Is Getting a Cryptocurrency All Its Own While the currency is not stemming from Adams himself, it appears his enthusiasm for crypto is beginning to rub off on other individuals. Plans for the currency were first introduced by a company called City Coins, which works on...

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AMC Announces Plans to Unveil Its Own Cryptocurrency

AMC has been getting heavily involved in the crypto space as of late. Working to improve its finances following the effects of the coronavirus pandemic on theater chains throughout America, AMC recently stated that it was permitting BTC and cryptocurrency payments for tickets, concessions, and other items. AMC Wants to Create Its Own Digital Currency CEO Adam Aron has also announced that the company is building on its crypto agenda by looking into creating its own unique...

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Crypto Security Network Rise Up Unveils Its Own Digital Asset

Rise Up – a platform that assists in the establishment of digital currency transparency and security – has launched its own unique token for traders to enjoy. Rise Up Is Releasing A Unique Cryptocurrency The company was initially designed to assist cryptocurrency exchanges in making their operations far more secure and stable. The firm is garnering heavy attention given that the crypto space and its security (or sometimes lack thereof) have been extremely important...

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Bitcoin Cash Analysis: Bulls In Action Above $650

Bitcoin cash price started a fresh increase above the $600 zone against the US Dollar. The price is now trading above the $650 zone and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $710 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $710 for a sustained move higher towards $650. Bitcoin cash price is showing positive signs above $650 against the US Dollar, similar...

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EOS Price Analysis: Fresh Increase Likely Above $5

EOS price started a downside correction from the $5.40 resistance against the US Dollar. The price is now trading above $4.50 and the 55 simple moving average (4-hours). There is a crucial expanding triangle forming with support near $4.70 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $5.10 and $5.20 resistance levels. EOS price is showing positive signs above $4.60 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls In Control Above $240

Litecoin price found support near $200 and started a fresh increase against the US Dollar. LTC price is now trading above $220 and the 55 simple moving average (4-hours). There was a break above a key declining channel with resistance near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $320 unless it fails to stay above the $220 level. Litecoin price is climbing higher above $240 against the US Dollar,...

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Tron (TRX) Price Analysis: More Gains Possible Above $0.12

Tron price started a fresh rally above the $0.1050 resistance zone against the US Dollar. TRX price is now trading above $0.1050 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1040 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1100. TRON price remained well bid above $0.1050 against the US Dollar, similar to bitcoin. TRX price is...

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Sorry, Kids… Kroger Hasn’t Said “Yes” to Bitcoin Cash

Fans of both Kroger and bitcoin cash got a real jolt of excitement early last week when it was announced that Kroger would be accepting the cryptocurrency as a form of payment for goods and services. Everybody began breaking out the champagne, believing that cryptocurrency was going to be pushed even further into mainstream territory. There was just one problem… The news turned out to be fake. Kroger and Bitcoin Cash… It Ain’t Happening! The relationship between both...

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