Tag Archives: Altcoin News

Ethereum price formed a base above $2,200 and it is slowly rising against the US Dollar. ETH price is now trading above $2,500 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $2,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to rise steadily towards the $3,000 resistance zone in the near term. Ethereum price is slowly moving higher above $2,500 against the US Dollar. ETH/USD...

Stellar lumen price struggled to clear the $0.5000 resistance zone against the US Dollar. XLM price is now trading below $0.4000 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $0.3740 on the 4-hours chart (data feed via Kraken). The pair is likely to extend its decline as long as it is below the $0.4000 pivot level. Stellar lumen price is facing hurdles near $0.4000 and $0.5000 against the US Dollar, similar to...

Ripple price is struggling to climb above the $0.95 and $1.05 resistance levels against the US dollar. The price is now trading well below $1.00 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near the $0.9240 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend its decline as long as it is below the $1.05 resistance zone. Ripple price is trading in a bearish zone below $1.00...

Bitcoin is continuing to tank hard. After falling into the high $30,000 range (between $37K and $38K), the asset has dumped another $3,000 and is now trading for about $35,000 per unit. Thus, the currency has lost about $29,000 overall from its recent all-time high of $64,000, which was attained last April. Bitcoin Tanks Again It is estimated that the world’s number one digital currency by market cap has lost about ten percent of its overall value over the past 24 hours. This represents a...

Bitcoin cash price declined heavily and it even tested the $470 level against the US Dollar. The price is now trading just above $700 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $750 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating and it might attempt an upside break above $800 and $850. Bitcoin cash price is recovering losses from $500 against the US...

With bitcoin continuing to slip into oblivion, it is no wonder why so many financial analysts and firms seem to believe that the world’s number one digital currency by market cap is going to get overtaken in the coming weeks and months, and according to a new report from monetary powerhouse Goldman Sachs, executives firmly believe that Ethereum may be on the verge of being king of the crypto space. Goldman Sachs Seems to Think ETH Will Come Out on Top Earlier in the...

EOS declined heavily below $10.00 and $8.00 support levels against the US Dollar. The price is currently trading near the $6.50 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $6.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair must break $6.50 and $7.00 to start a strong increase in the near term. EOS price is correcting losses from $4.00 against the US Dollar, similar to...

Litecoin price remains in a bearish zone below $220 and $200 against the US Dollar. LTC price is now trading below the $200 level and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $210 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate lower as long as it is below $200 and $220. Litecoin price is struggling to clear the $200 barrier against the US Dollar,...

Tron price extended its decline below the $0.1000 and $0.0900 support levels against the US Dollar. TRX price is now trading well below $0.1000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair is likely to face a strong selling interest near the $0.0900 and $0.0920 levels. TRON price is showing negative signs below $0.1000 against the US Dollar,...

Up to this point, the hidden narrative is that central banks are somehow threatened by bitcoin… That they are fearful of it, and that they will do all in their power to somehow keep it from spreading or reaching the top of the financial ladder. However, according to Huw van Steenis – a former top advisor to the Bank of England – this is not quite true. Huw vann Steenis: We’ve Got the Wrong Idea About Crypto and Banks Huw van Steenis presently works as a senior advisor to...