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Tag Archives: Altcoin News

Ethereum Price Analysis: ETH Trading Near Key Inflection Point

Ethereum price started a downside correction after it failed to clear the $400 barrier against the US Dollar.ETH price is currently declining and it is trading below the $380 support level.There was a break below a major bullish trend line with support near $380 on the 4-hours chart (data feed from Coinbase).The pair is currently following a key declining channel and it is approaching the $365 support zone.Ethereum price is currently correcting lower from the $400 barrier against the US...

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Goldman Sachs Is Looking to Build Its Own Cryptocurrency

Goldman Sachs appears to be changing its tune yet again on bitcoin and is delving deeper into the crypto space.Goldman Sachs Is Changing Its Stance on BTCThe company announced that it is appointing a new head of crypto and says that it will look into potentially building its own virtual token as a means of competing with the world’s number one digital currency by market cap. These are big words coming from a business that just three months ago, hosted an entire seminar about why bitcoin...

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Chainlink Has Reached a New All-Time High

Bitcoin has been soaring as of late, but not so much that it’s been knocking its altcoin cousins to the side. Several smaller coins, including Chainlink (LINK), are doing quite well at the time of writing. LINK has recently hit a new all-time high.Chainlink Is Bigger Than EverOver the last four weeks, the price of LINK has grown by more than 120 percent. Each LINK unit is now trading for roughly $13 each, and things are getting bigger by the minute. The currency has risen by more than 500...

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Rally Builds New Platform Allowing Content Creators to Design Their Own Digital Coins

Gaming startup Rally is developing a new kind of crypto platform dubbed “Creator Coin.” The system is designed to assist influencers, streamers, content creators and anybody else putting their skills, charisma and expertise to good use online.Rally Is Making It Easy for Streamers to Garner CashThe platform allows influencers to develop their own digital tokens. From there, they can reward their fans with units of the token for viewing or reading their content, leaving constructive feedback or...

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Ripple Price Analysis: Rally Could Resume If It Clears $0.30

Ripple price started a downside correction from the $0.3250 resistance zone against the US dollar.The price corrected lower, but it is holding the main $0.2800 support zone.There is a key declining channel forming with resistance near $0.2990 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.3000 and $0.3020 resistance levels.Ripple price is trading in a positive zone above $0.2800 against the US Dollar. XRP...

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Cardano (ADA) Price Analysis: Price Action Suggests More Upsides

ADA price is facing a strong resistance near the $0.1480 and $0.1500 levels against the US Dollar.The price is currently trading nicely above the $0.1380 support and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.1485 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1500 pivot level.Cardano price is currently consolidating above the $0.1400 zone against the...

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Ethereum Price Analysis: ETH Could Rally Again If It Clears $400

Ethereum price rallied to a new multi-month high at $418 before correcting lower against the US Dollar.ETH price is currently trading nicely above the $380 and $375 support levels.There is a key breakout pattern forming with resistance near $400 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $400 resistance in the near term.Ethereum price is showing positive signs above the $375 pivot level against the US Dollar. ETH/USD is likely to...

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Stellar Lumen (XLM) Price Could Resume Rally Above $0.106 & $0.110

Stellar lumen price rallied above the $0.1100 level and tested $0.1160 against the US Dollar.XLM price corrected lower sharply, but it found support above $0.0950 and $0.0920.There is a major bullish trend line forming with support near $0.1020 on the 4-hours chart (data feed via Kraken).The pair could resume its upward move once it clears the $0.1060 resistance zone.Stellar lumen price is trading in a positive zone above $0.1000 against the US Dollar, similar to bitcoin. XLM price is likely...

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Ripple Price Analysis: Rally Could Gather Pace Again Above $0.30

Ripple price rallied significantly above the $0.3000 and $0.3100 levels against the US dollar.The price corrected lower sharply from $0.3260, but the bulls defended $0.2720.There are two key bullish trend lines forming with support near $0.2850 and $0.2785 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.2980 and $0.3000 resistance levels.Ripple price is trading in a strong uptrend above $0.2720 and $0.2800...

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Bitcoin Cash Analysis: Bulls Aim Massive Breakout Above $300

Bitcoin cash price started a fresh increase above the $255 and $280 resistance levels against the US Dollar.The price even tagged the $300 resistance area and it is currently consolidating gains.There is a key bullish trend line forming with support near $285 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge again if it clears the $300 resistance in the near term.Bitcoin cash price is trading in a strong uptrend above $280 against the US Dollar....

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