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Tag Archives: Altcoin News

Stellar Lumen (XLM) Price Approaching Key Uptrend Support at $0.44

Stellar lumen price started a fresh decline from the $0.6060 high against the US Dollar.XLM price is approaching the $0.4500 support and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.44020 on the 4-hours chart (data feed via Kraken).The pair could start a fresh increase as long as it is above the trend line and $0.4200.Stellar lumen price is correcting gains from the $0.6060 yearly high against the US Dollar, similar to bitcoin. XLM...

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Ripple Price Analysis: Dips Likely Supported Near $0.50

Ripple price started a fresh increase above the 0.5000 and $0.5500 resistance levels against the US dollar.The price is now trading well above the $0.5000 zone and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.5400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to remain well bid above the $0.5200 and $0.5000 support levels in the near term.Ripple price is trading in a positive zone above $0.5000...

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Bitcoin Cash Analysis: More Upsides Likely Above $550

Bitcoin cash price gained pace and was able to clear $500 against the US Dollar.The price is trading nicely above the $520 level and the 55 simple moving average (4-hours).There is a key ascending channel forming with support near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to clear the $550 resistance and continue higher towards $600 in the near term.Bitcoin cash price is gaining momentum above $520 against the US Dollar, similar to bitcoin....

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EOS Price Analysis: Fresh Move Above $5 Likely In Near Term

EOS starred a strong increase and it cleared the $3.500 resistance against the US Dollar.The price is currently trading well above $3.800 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $4.200 and $4.500 resistance levels.EOS price is trading above a major pivot level at $3.800 against the US Dollar, while bitcoin is...

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Litecoin (LTC) Price Analysis: Bulls Remain In Control Above $175

Litecoin price started a fresh increase from the $145 support zone against the US Dollar.LTC price is now trading well above $175 pivot level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains supported and it is likely to accelerate higher above the $185 and $190 levels.Litecoin price is showing positive signs above $175 against the US Dollar, while...

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Elon Musk Has Just Purchased a Whole Lotta Bitcoin

Elon Musk – the South African entrepreneur behind large tech corporations such as SpaceX and Tesla – revealed that his latter company has purchased approximately $1.5 billion worth of bitcoin, the world’s most popular and powerful digital currency.Elon Musk Is at It Again with BitcoinMusk has repeatedly gone back and forth on the asset, at one time calling it as “bs as fiat” while at other times presenting it with high words of praise. Over the past week or so, the entrepreneur’s primary...

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Tron (TRX) Price Analysis: More Gains Likely Above $0.05

Tron price is showing positive signs above the $0.0450 and $0.0420 support levels against the US Dollar.TRX price is now facing hurdles near $0.0480, but it is well above the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0480 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0480 resistance zone in the near term.TRON price is showing signs of more gains above $0.0480 against the US...

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Rock Star Gene Simmons Shows Love for Dogecoin

Dogecoin has had many big fans over the years, perhaps the most notable being Elon Musk, but as of late, it appears to have attracted the attention of rock star Gene Simmons, famous for his time with the band KISS.Gene Simmons Is the Latest Fan of DogecoinOver the past week, Dogecoin has been on something of a roll. The currency – which initially started out as a joke asset and can be identified by the adorable little Shiba Inu dog that serves as its mascot – has surged nearly 400 percent...

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Cardano (ADA) Price Analysis: Uptrend Intact Above $0.65

ADA price started a strong increase above the $0.6000 resistance level against the US Dollar.The price even cleared the $0.7000 level and settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.6550 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.7200 as long as it is above the $0.6500 support.Cardano price is holding gains above $0.6500 against the US Dollar, while bitcoin is surging....

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Ethereum Price Analysis: ETH Likely To Burst Towards $2,000

Ethereum price is showing a lot of positive signs above the $1,500 and $1,650 resistance levels against the US Dollar.ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $1,480 on the 4-hours chart (data feed from Coinbase).The pair seems to be eyeing an upside break above $1,800 and $1,850 in the near term.Ethereum price is about to break higher above $1,800 against the US Dollar. ETH/USD is...

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