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Tag Archives: Altcoin News

EOS Price Analysis: Gaining Bullish Momentum Above $3.20

EOS started a strong surge from well below the $2.800 zone against the US Dollar.The price is currently trading well above $3.200 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support at $2.950 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to be limited below $3.200 and $3.000.EOS price started a fresh rally above $3.000 and $3.200 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls In Control above $160

Litecoin price started a fresh increase above $150 against the US Dollar.LTC price extended its rise towards the $175 level settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $175 resistance zone in the near term.Litecoin price is following a bullish path above $150 against the US Dollar, similar to...

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Tron (TRX) Price Analysis: Holding Ground Above $0.0265

Tron price spiked above $0.3100, but it failed to accelerate higher against the US Dollar.TRX price is now trading above the $0.0280 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0310 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase towards $0.3100 or it might decline to $0.0250.TRON price is showing positive signs above $0.0280 and $0.0265 against the US Dollar, while bitcoin is...

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Cardano (ADA) Price Analysis: Dips Likely To Be Limited Near $0.195

ADA price rallied above the $0.2000 and $0.2200 resistance levels against the US Dollar.The price is now correcting lower below $0.2100, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1900 on the 4-hours chart (data feed via Kraken).The price is likely to remain well supported on the downside near the $0.1900 zone.Cardano price is slowly moving lower from well above $0.2200 against the US Dollar, similar to bitcoin. ADA...

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Ethereum Price Analysis: ETH Surging, More Upsides Likely Above $1,100

Ethereum price started a strong surge above $850 and $1,000 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $800 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $1,150 and $1,200 in the coming sessions.Ethereum price is up over 30% in a few days and it broke the $1,000 level against the US Dollar. ETH/USD is consolidating...

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Stellar Lumen (XLM) Price Gaining Bullish Momentum Towards $0.17

Stellar lumen price started a strong increase after forming support near $0.1220 against the US Dollar.XLM price is now trading above the $0.1400 resistance and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.1320 on the 4-hours chart (data feed via Kraken).The pair is likely to continue higher towards the $0.1550 and $0.1700 resistance levels.Stellar lumen price is gaining bullish momentum above $0.1400 against the US Dollar,...

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Ripple Price Analysis: Rally Looms If XRP Breaks $0.25

Ripple price declined heavily and recently started consolidating above $0.200 against the US dollar.The price is now facing hurdles near $0.2500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong increase if it clears the $0.2500 and $0.2650 resistance levels.Ripple price is showing bullish signs above $0.2200 against the US...

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Daniel Gouldman: All Currency Will Be Digital in About Five Years

Daniel Gouldman – the CEO of Ternio – is convinced that in the immediate future, bitcoin and cryptocurrency will be adopted for mainstream use and that all currencies will be digital.Daniel Gouldman: We’d Better Get Used to Digital CurrencyIn a recent interview, he states:I would not be surprised if in five years, most money as we know it is basically cryptocurrency.He claims that bitcoin and cryptocurrencies are following the exact same path that the internet did in the mid-90s. He says that...

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Coinbase to Cease Ripple Trading By Mid-January

Following news that the Securities and Exchange Commission (SEC) is looking to sue Ripple for selling unregistered securities, crypto exchanges such as Coinbase in the United States have announced that they will soon drop XRP from their lists of offered digital assets and halt trading beginning early 2021.Coinbase Says “No” To RippleCoinbase has stated that all XRP trades will be suspended as of January 19 of this year. The good news is that customers of the exchange will not lose access to...

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Litecoin (LTC) Price Analysis: More Upsides Likely Above $130

Litecoin price started a fresh increase above $125 against the US Dollar.LTC price traded towards the $140 resistance and settled well above the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $130.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $130 resistance zone in the near term.Litecoin price remained in a positive zone above $120 against the US Dollar,...

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