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Tag Archives: Altcoin News

EOS Price Analysis: Significant Bullish Breakout Scenario

EOS traded to a new monthly low at $2.241 before correcting higher against the US Dollar.The price is currently trading above $2.350, but it is well below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.420 and $2.500 resistance levels in the near term.EOS price is showing a few positive signs above $2.350...

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Litecoin (LTC) Price Analysis: Bulls Eyeing Fresh Rally To $60

Litecoin price found support near the $51.20 level and recently corrected higher against the US Dollar.LTC price is currently trading above the $54.00 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $54.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $56.00 resistance level in the near term.Litecoin price is showing positive signs above $54.00...

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Tron (TRX) Price Analysis: Key Breakout Zone Near $0.025

Tron price started a fresh decline from the $0.0270 resistance zone against the US Dollar.TRX price is currently recovering above the $0.0240, but it is well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance at $0.0250 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase if there is a clear break above the $0.0250 resistance zone.TRON price is currently recovering from $0.0230 against the US Dollar,...

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Ethereum and DeFi Have Really Pushed Bitcoin Ahead

Bitcoin is doing rather well as of late, but among all the reasons why, one of them has really got advocates scratching their heads. It looks like the world’s number one cryptocurrency by market cap is getting a lot of support from its biggest competitor: Ethereum.Ethereum Has Really Moved BTC ForwardAs the second-largest cryptocurrency in the world, Ethereum was introduced in 2015, roughly six years after bitcoin was first brought to the trading table. The currency is widely recognized for...

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Cardano (ADA) Price Analysis: Breaks Key Support, More Losses Possible

ADA price started a fresh decline from well above the $0.1000 support against the US Dollar.The price is now trading well below the $0.0920 support and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0960 on the 4-hours chart (data feed via Kraken).The price is likely to continue lower towards the $0.0850 support or $0.0832 in the near term.Cardano price is gaining bearish momentum below $0.0950 against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Approaching Key Support at $365

Ethereum price started a fresh decline from well above $392 against the US Dollar.ETH price is currently trading below the $385 support and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $397 on the 4-hours chart (data feed from Coinbase).The pair is testing the $372 support and there is also a major support at $365.Ethereum price is declining and trading below $390 against the US Dollar. ETH/USD must stay above the $365 support to...

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Harpreet Singh Sahni Faces 24 Years for Alleged Crypto Fraud

Harpreet Singh Sahni – a socialite from India – has admitted to being involved in a rather large cryptocurrency scam… One that’s cheated people out of roughly $50 million.Sahni Knowingly Took Part in a ScamAs of late, the world is witnessing its fair share of malicious crypto activity. Among the latest examples include a crypto scam that overtook the campaign website for current US President Donald Trump, who is presently up for re-election in about 24 hours.Malicious actors took over the...

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Stellar Lumen (XLM) Price Signaling Start of Fresh Increase To $0.085

Stellar lumen price traded as low as $0.0745 and it is currently recovering against the US Dollar.XLM price is facing hurdles near $0.0800 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0782 on the 4-hours chart (data feed via Kraken).The pair could start a strong increase if there is a clear break above the $0.0800 resistance zone.Stellar lumen price is showing signs of a fresh increase above $0.0750 against the US...

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Ripple Price Analysis: Fresh Rally Likely if it Clears $0.246

Ripple price declined heavily from well above the $0.2500 level against the US dollar.The price traded as low as $0.2315 and settled below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.2460 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2440 and $0.2460 resistance levels.Ripple price is struggling to gain pace above $0.2425 against the US Dollar. XRP...

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Coinbase Unveils New Rewards-Centered BTC Debit Card

Top U.S. cryptocurrency exchange Coinbase has unveiled a new bitcoin debit card that allows users to draw money from attached cryptocurrency accounts and retailers to garner profits and funds in USD. The card can be used anywhere Visa is accepted.Coinbase Issues New Rewards CardThe idea is that bitcoin and other cryptocurrencies are not utilized for payments enough given that they are too volatile and that transactions can often take extremely long periods to clear. If a person goes into a...

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