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Tag Archives: Altcoin News

Cardano (ADA) Price Analysis: More Losses Likely Below $0.07

ADA price is down over 5% and it broke the key $0.0900 support zone against the US Dollar.The price is now trading well below $0.0860 and the 55 simple moving average (4-hours).There was a break below a key declining channel with support near $0.0855 on the 4-hours chart (data feed via Kraken).The price is likely to face hurdles near $0.0850 and $0.0900 if there is an upside correction.Cardano price is currently declining and trading well below $0.0900 against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Remains At Risk of More Losses

Ethereum price failed to clear the $400 barrier and declined recently against the US Dollar.ETH price is trading below the $352 support level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $375 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $330 support level in the near term.Ethereum price is declining and trading below the $352 support against the US Dollar. It seems like...

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Libra Gets Another Executive, But Does Anyone Care Anymore?

Facebook’s Libra company – the cryptocurrency that will allegedly serve as a global currency everyone can use in the coming future – has appointed James Emmett, the former HSBC European head, to an executive position within its infrastructure.Libra Chooses James Emmett of HSBC FameAccording to reports, Emmett will develop and operate the payment system associated with Libra, which goes by the name of the Calibra wallet. Emmett’s appointment marks the latest in a string of several high-profile...

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Stellar Lumen (XLM) Price Trading Near Key Inflection Zone Below $0.08

Stellar lumen price remained in a bearish zone and it tested the $0.0720 support zone against the US Dollar.XLM price is currently declining below $0.0780 and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $0.0780 on the 4-hours chart (data feed via Kraken).The pair could either nosedive below $0.0740 or it might correct above the $0.0800 resistance.Stellar lumen price is struggling to recover above $0.0800 against the US Dollar, similar...

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Bitcoin Cash Analysis: Bulls Aiming Crucial Upside Break

Bitcoin cash price is slowly moving higher and it is trading above $225 against the US Dollar.The price is currently consolidating below the $240 resistance and above the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $236 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally above the $240 resistance or dive back towards the $200 handle.Bitcoin cash price is showing positive signs above the $225...

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EOS Price Analysis: Upside Break, Bulls Eyeing Fresh Recovery

EOS gained pace from the $2.575 support and climbed higher against the US Dollar.The price is trading above the $2.70 resistance and testing the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to rise if there is a clear break above the $2.800 resistance zone.EOS price is showing a few positive signs against the US Dollar, similar to...

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Tron (TRX) Price Analysis: More Downsides Possible Towards $0.022

Tron price failed to stay above the key $0.0320 and $0.0300 support levels against the US Dollar.TRX price is now trading below the $0.0285 support and the 55 simple moving average (4-hours).There was a break below a declining channel with support near $0.0276 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue lower towards the $0.0225 support zone in the near term.TRON price failed to hold gains and declined steadily against the US Dollar and bitcoin. TRX price is...

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Cardano (ADA) Price Analysis: Bulls Eye Upside Break Above $0.10

ADA price is currently consolidating above the $0.0920 support zone against the US Dollar.The price is facing a strong resistance near the $0.0980 level, but it is above the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0985 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0985 and $0.1000 resistance levels in the near term.Cardano price is currently consolidating above $0.0920...

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Ethereum Price Analysis: ETH Could Gain Momentum Above $390

Ethereum price is recovering nicely and trading above the $355 resistance against the US Dollar.ETH price is showing positive signs above $370 and the 55 simple moving average (4-hours).There is a crucial rising channel forming with support near $363 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it clears the $390 and $400 resistance levels.Ethereum price is showing many positive signs above $355 against the US Dollar. It seems like ETH/USD is aiming a...

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Rapper T.I. Hit By SEC After Promoting Phony Crypto

Rapper T.I. is being hit with felony charges from the Securities and Exchange Commission (SEC). He has been ordered to pay a penalty fee of $75,000 for his role in a scam-laden initial coin offering (ICO).The SEC Goes After T.I.The SEC has made it clear over the past few years that it’s not going to play around. If you try to cheat investors, if you fail to register as a security, if you step out of line in any way, the agency will come after you and it will penalize you. It seems that the...

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