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Tag Archives: Altcoin News

Litecoin (LTC) Price Analysis: $45 Support Holds The Key For Upside Break

Litecoin price is slowly recovering and trading above the $45.00 support zone against the US Dollar.LTC price is currently facing a major hurdle near the $47.00 and $48.20 levels.There is a key bullish trend line forming with support near $45.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to climb higher unless it breaks the $45.00 support zone in the near term.Litecoin price is currently trading in a range above $45.00 against the US Dollar, similar...

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Tron (TRX) Price Analysis: Signaling Bearish Continuation Below $0.024

Tron price is trading in a bearish zone below the $0.0285 and $0.0300 resistance levels against the US Dollar.TRX price is now trading well below the $0.0265 pivot and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0278 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue lower and it could dive if it clears the $0.0240 support zone.TRON price is currently trading in a bearish zone below $0.0265 against the US...

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Cardano (ADA) Price Analysis: Fresh Rally Likely if it Clears $0.10

ADA price is showing positive signs and trading above the $0.0950 support against the US Dollar.The price is facing hurdles near $0.1000, and testing the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.1000 on the 4-hours chart (data feed via Kraken).The price is likely to rally and accelerate higher if it clears the main $0.1000 resistance.Cardano price is recovering and approaching a major breakout against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Reaches Crucial Breakout Zone

Ethereum price started an upside correction from the $335 support against the US Dollar.ETH price is currently struggling to clear the $355 resistance and trading near the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $352 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $355 resistance or it might start a fresh decline below $350.Ethereum price is approaching a major breakout zone near $355 against the US...

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Stellar Lumen (XLM) Price Facing Uphill Task Near $0.075

Stellar lumen price seems to be forming a support base above $0.0700 against the US Dollar.XLM price is currently facing hurdles near $0.0750 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0750 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0750 and $0.0760 resistance levels.Stellar lumen price is showing recovery signs above $0.0700 against the US Dollar, similar to bitcoin....

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Ripple Price Analysis: Early Signs of Key Upside Break Above $0.25

Ripple price is gaining pace above the $0.2400 and $0.2450 resistance levels against the US dollar.The price is now trading nicely above $0.2450 and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.2415 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could gain bullish momentum if it manages to clear the $0.2550 resistance zone.Ripple price is trading with a bullish bias above $0.2420 against the...

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Atari Is Set to Release Its Own Digital Currency

Remember Atari, the old video game system? The original video game system? Well, it turns out the company is still around, and it’s entering the cryptocurrency arena.Atari Is Releasing Its Own CoinThe firm has announced the establishment of the Atari token, which is set to have a public sale in about a month on the Bitcoin.com exchange. Set for early November, customers or participants looking to take part in the sale can only purchase the coin utilizing five “mainstream” cryptocurrencies....

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DeFi Gets Larger Thanks to Proof of Reserve Concept

Decentralized finance (DeFi) has grown exponentially this year and is becoming more popular on a regular basis.DeFi Is Heading for the StarsOne of the big things behind the growth of DeFi is Chainlink, which has become one of the largest cryptocurrencies available in the digital world today. At one point, Chainlink (LINK) was in 12th place when it come to the arena’s largest digital assets, but now, the currency has a total market cap of several billion and has moved into fifth place, marking...

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Bitcoin Cash Analysis: Trading Near Key Breakdown Support

Bitcoin cash price failed to clear the $235 resistance and declined sharply against the US Dollar.The price is now trading near the key $220 support and the 55 simple moving average (4-hours).There was a break below a crucial bullish trend line with support near $227 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either continue lower towards $200 or it might recover from the $220 support.Bitcoin cash price is struggling to hold gains above $220 against the...

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EOS Price Analysis: Here’s Why Break Above $2.65 Is Crucial

EOS started a decent recovery wave above the $2.450 and $2.500 resistance levels against the US Dollar.The price is trading nicely above $2.550 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could accelerate higher if there is a clear break above the $2.650 resistance zone.EOS price is slowly moving in the positive zone above $2.550 against...

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