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Tag Archives: Altcoin News

Tron (TRX) Price Analysis: Increase In Volatility Above $0.025

Tron price started a strong rally after forming a support base above $0.0250 against the US Dollar.TRX price rallied to $0.0300 before trimming almost all gains to test the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $0.0258 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0255 and $0.0250.TRON price surged towards $0.0300 and recently declined heavily against the US...

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Cardano (ADA) Price Analysis: Trading Near Make-or-Break Levels

ADA price is showing positive signs above the $0.1050 resistance against the US Dollar.The price is facing hurdles near $0.1110, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1070 on the 4-hours chart (data feed via Kraken).The price could either decline towards the $0.1025 support or it might continue to rise towards $0.1150.Cardano price is showing positive signs above the $0.1050 level against the US Dollar, similar...

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Ethereum Price Analysis: ETH Gaining Momentum Above $375

Ethereum price started a fresh increase after it settled above the $360 zone against the US Dollar.ETH price is currently trading well above $372 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $376 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating gains, but it is likely to start a fresh increase above $380.Ethereum price is showing positive signs above $372 and $376 against the US Dollar. It seems like...

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OKEx and Bit Berry Work to Support Each Other’s Wallets

Leading crypto wallet Bit Berry has signed an MOU with OKEx, one of the world’s biggest cryptocurrency trading platforms. The document states that each company will work with the other to further establish each enterprise’s digital wallet technology. In addition, Bit Berry will list the exchange’s native currency OKB, giving its clients access to an entirely new coin.OKEx and Bit Berry Join HandsAt the time of writing, Bit Berry is stationed in South Korea and boasts more than 100,000...

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Stellar Lumen (XLM) Price Aiming More Upsides Above $0.085

Stellar lumen price is gaining pace above the $0.0800 resistance level against the US Dollar.XLM price traded as high as $0.0837 and it is now well above the 55 simple moving average (4-hours).There is a declining channel or a bullish flag forming with resistance near $0.0812 on the 4-hours chart (data feed via Kraken).The pair could resume its upward move once it clears the $0.0812 and $0.0820 resistance levels.Stellar lumen price is showing bullish signs above $0.0780 against the US Dollar,...

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Ripple Price Analysis: Chances of More Losses Below $0.24

Ripple price started a fresh decline after it faced as strong resistance near $0.2600 against the US dollar.The price is now trading well below the $0.2480 pivot level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower if there is a clear break below the $0.2380 support.Ripple price is trading is a negative zone below...

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Tether May Become the Second-Largest Cryptocurrency Soon

Will stable currencies ultimately take over bitcoin? According to a new report, the controversial stable coin known as Tether is slated to become the second-largest cryptocurrency by market cap as early as next year, and will only be smaller than bitcoin, but how long will that last?Is Tether About to Get Much Bigger?The world of stable coins has doubled in the past few months, and it looks like average traders and retailers alike are getting into the stable coin craze. Even Atari, a video...

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Libra Adds Another Banking Expert to Its List of Executives

Facebook-backed Libra has issued another “major” announcement. It is bringing former HSBC executive Ian Jenkins on board to serve as the new chief financial officer of a division in the company designed to manage the Libra payment system.Libra Brings Ian Jenkins AboardJenkins initially served as a former business finance head and general group manager for HSBC. He also has experience working with other major financial institutions such as Santander and Credit Suisse.The big question following...

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Bitcoin Cash Analysis: Uptrend Intact Above $245

Bitcoin cash price is trading nicely above the $235 and $245 resistance levels against the US Dollar.The price traded to a new monthly high at $266 and it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move as long as it is above the $245 support zone.Bitcoin cash price started a strong increase and it even broke...

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New Report By e-Toro Dispels Several Myths About Cryptocurrencies

A new report is out thanks to the work of both Tie and the cryptocurrency exchange e-Toro. According to the document, cryptocurrencies everywhere are continuing to mature at a rapid rate.e-Toro Lets Us in On New Data About CryptoThe latest material in the report contradicts several anti-crypto theories that they are either not real assets or are strictly driven by the fear of missing out (FOMO). In addition, cryptocurrencies are suggested to be completely unique and do not share market...

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