As crypto traders, we have all been so caught up in the bitcoin hype as of late that it appears we have forgotten about Ethereum and a lot of the world’s smaller altcoins, but the fact is that these assets should not be forgotten. In fact, they should be revered. Ethereum Is Surging Ethereum has recently hit a new all-time high. At the time of writing, one unit of Ethereum has struck $2,774. That means one unit of the world’s second-largest cryptocurrency by market cap...
Read More »Stellar Lumen (XLM) Price Gaining Momentum, Bulls Aim $0.65
Stellar lumen price started a fresh increase above the $0.5000 resistance zone against the US Dollar. XLM price is now trading well above $0.5000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4950 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.5750 and $0.6000 resistance levels. Stellar lumen price is gaining pace above $0.5000 against the US...
Read More »Ripple Price Analysis: Bulls In Control Above $1.45
Ripple price started a steady increase above the $1.20 resistance zone against the US dollar. The price is now trading well above $1.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.20 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.65 and $1.70. Ripple price is gaining pace above the $1.50 level against...
Read More »Dogecoin: People Differ on What Route It Will Take
Dogecoin has been all the rage as of late. While bitcoin has been sinking into oblivion, Dogecoin keeps getting attention and has recently hit a new all-time high. However, when something comes up, it usually winds up having to come down at some point, so when will that occur for what is now considered the fourth-largest cryptocurrency by market cap? Dogecoin Has Caused Quite a Stir Two young people have recently shared their thoughts about where the currency will go...
Read More »Bitcoin Cash Analysis: Bulls Could Gain Strength Above $900
Bitcoin cash price remained supported near $720 and started a fresh increase against the US Dollar. The price is now trading above the $850 support level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $850 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $900 and $920 resistance levels in the near term. Bitcoin cash price is showing...
Read More »Glauber Contessoto Turned $180K into $1 Million Thanks to Dogecoin
While bitcoin is sinking into oblivion as of late (the world’s number one digital currency by market cap fell from around $64,000 two weeks ago to roughly $49,000 at the time of writing), it looks like Dogecoin continues to spike like there is no tomorrow, and many of its investors are raking in some serious profits. One is Glauber Contessoto, who recently became a Dogecoin millionaire. Contessoto Made a Valid Investment Decision Contessoto first began investing in the...
Read More »EOS Price Analysis: Fresh Rally Likely Above $6.00
EOS tested the $4.50 and $4.60 support levels against the US Dollar. The price is currently trading well above the $5.50 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $5.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a strong increase if there is a clear break above the $6.00 and $6.10 resistance levels. EOS price is signaling a positive move above $5.50...
Read More »Litecoin (LTC) Price Analysis: Upside Break Above $265 Seems Likely
Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,...
Read More »Tron (TRX) Price Analysis: Bulls Aim Fresh Increase Above $0.135
Tron price started a fresh increase from the $0.092 support zone against the US Dollar. TRX price is now trading above the $0.1100 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1100 on the 4-hours chart (data feed via Bitfinex). The pair seems to be staging a strong increase above the $0.1300 and $0.1350 resistance levels. TRON price is holding the $0.1000 support zone against the US Dollar,...
Read More »Mike Novogratz Allegedly Isn’t a Fan of Dogecoin
Bitcoin and Dogecoin are two of the world’s biggest digital currencies right now. They have both been spiking like crazy as of late, with Dogecoin now taking the lead and working hard towards potentially reaching one dollar per unit by the end of the year. While they both look similar at first glance, Mike Novogratz – a billionaire investor and former hedge fund manager – claim that these assets could not be more different, and that investors need to be aware of the...
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