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Tag Archives: Altcoin News

Ripple Price Analysis: Risk of More Losses Towards $0.46

Ripple price failed to extend gains above the $0.5800 resistance level against the US dollar.The price is now trading well below the $0.5500 zone and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.5550 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower towards the main $0.4650 support zone in the near term.Ripple price is struggling to settle above $0.5200 against the US Dollar. XRP...

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Ethereum Reaches New Price Peak, Leading to Further Interest from Nvidia

Bitcoin may be hogging all the spotlight as of late, but we cannot discount some of the smaller competing altcoins that also call the crypto space home. One of those altcoins is Ethereum, the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, Ethereum has hit a new all-time high of more than $1,900 per unit, and the asset appears to be on a serious roll.Ethereum Has Surged Like No Other CoinBitcoin doing well is typically good news...

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YouTuber Jake Paul Is in Talks to Establish His Own Virtual Currency

Cryptocurrency has been all the rage as of late. Many celebrities – from rapper Jay-Z to Twitter head Jack Dorsey – have been consistently jumping onboard, and it looks like Jake Paul – a renowned star of the video and content sharing website YouTube – has been in talks to develop his own cryptocurrency with fellow YouTuber Ben Phillips.Jake Paul Is Clearly a Crypto FanIn a recent interview, Paul commented that no plans have been fully established yet. He also says that this would not be some...

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Bitcoin Cash Analysis: Fresh Upside Break above $720 Likely

Bitcoin cash price rallied sharply above $550 and $650 against the US Dollar.The price traded as high as $774 and settled well above the 55 simple moving average (4-hours).There is a key contracting triangle forming with support near $688 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either correct lower below $680 or it might a fresh rally above $720.Bitcoin cash price is consolidating gains after a strong rally to $774 against the US Dollar, similar to...

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EOS Price Analysis: Fresh Increase To $5.5 Seems Likely

EOS traded as high as $5.600 before correcting lower to $4.000 against the US Dollar.The price is currently trading well above $4.500 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $4.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $5.000 and $5.200 resistance levels.EOS price showing positive signs above $4.500 against the US Dollar, similar to bitcoin. The price...

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Litecoin (LTC) Price Analysis: Bulls Aim A Break Above $250

Litecoin price started a fresh increase from the $200 support zone against the US Dollar.LTC price is now trading well above $220 support and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dips a few points, but there are high chances of a break above the $250 resistance.Litecoin price is trading in a positive zone above $200 against the US Dollar,...

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Tron (TRX) Price Analysis: Bulls Eye Fresh Rally above $0.055

Tron price traded as high as $0.0611 before correcting lower below $0.0550 against the US Dollar.TRX price is now holding the $0.0480 support level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0520 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0520 resistance zone in the near term.TRON price is consolidating gains above $0.0450 against the US Dollar, while bitcoin is...

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Ripple Experiences Massive Price Jump Following Tesla Bitcoin Buy

Despite the huge and ugly lawsuit pending against Ripple, the company’s cryptocurrency XRP has recently incurred a massive gain following news that Tesla has purchased approximately $1.5 billion worth of bitcoin, the world’s leading digital asset by market cap. The news suggests that all smaller altcoins still move in tandem with BTC and have yet to find their own footing in the growing world of digital currency.Ripple Shoots UpFollowing the purchase, XRP rose as much as 15 percent before...

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Cardano (ADA) Price Analysis: Why It Could Soon Test $1

ADA price traded towards the $1.00 resistance level before correcting lower against the US Dollar.The price dived below $0.8000, but it recovered and settled above the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.8650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.9000 and $0.9200 resistance levels in the near term.Cardano price is showing positive signs above $0.8500 against the US...

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Ethereum Price Analysis: ETH Bulls Aim A Test of $2,000

Ethereum price is holding gains above the $1,600 and $1,700 resistance levels against the US Dollar.ETH price is currently trading well above $1,750 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $1,730 on the 4-hours chart (data feed from Coinbase).The pair is likely to start a strong surge if it clears the $1,840 resistance level.Ethereum price is eyeing more upsides above $1,850 against the US Dollar. ETH/USD may soon test the $2,000...

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