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Tag Archives: Altcoin News

Bitcoin Cash Analysis: More Upsides Possible If it Clears $305

Bitcoin cash price corrected lower, but it stayed above the $280 support against the US Dollar.The price is currently recovering, and trading above the $295 level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $288 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must break the $305 and $310 resistance levels for a fresh increase in the near term.Bitcoin cash price is slowly moving higher towards $300 against...

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EOS Price Analysis: Uptrend Support Intact Near $3.20

EOS price climbed to a new multi-week high at $3.950 before correcting lower against the US Dollar.The price corrected lower below $3.5501 and even spiked below the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.150 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above $3.200 and $3.150.EOS price is correcting gains from the monthly high against the US Dollar,...

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Litecoin (LTC) Price Analysis: Support Turned Resistance At $65

Litecoin price started a major downside correction from the $69.00 swing high against the US Dollar.LTC price is currently holding the key $60.00 support zone and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $62.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could rise again, but the bulls need to clear the $65.00 resistance for a sustained upward move.Litecoin price is holding a couple of important...

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Tron (TRX) Price Analysis: Trimming Gains, But Uptrend Intact Above $0.025

Tron price jumped more than 25% and climbed towards the $0.0325 level against the US Dollar.TRX price traded as high as $0.0325 and recently started a downside correction wave.There is a key bullish trend line forming with support near $0.0260 on the 4-hours chart (data feed via Bitfinex).The pair is likely to bounce back above $0.0280 as long as it is trading above the $0.0250 support.TRON price is currently correcting gains from highs against the US Dollar, similar to bitcoin. TRX price...

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Cardano (ADA) Price Analysis: Bullish Pattern Suggests Sharp Increase

ADA price is trading in a positive zone above the $0.1320 support against the US Dollar.The price is currently struggling near $0.1450, but it is well above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $0.1380 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1450 resistance zone.Cardano price is slowly gaining pace above the $0.1400 level against the US Dollar, similar...

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Ethereum Price Analysis: ETH Eyeing More Upsides Above $450

Ethereum price remained in a positive zone and climbed towards $450 against the US Dollar.ETH price is currently consolidating gains above the $412 and $410 support levels.There is a crucial bullish trend line forming with support near $402 on the 4-hours chart (data feed from Coinbase).The pair is likely to climb further above the $450 resistance as long as it is above $400.Ethereum price is currently following a nice uptrend above $400 against the US Dollar. ETH/USD might start another...

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Stellar Lumen (XLM) Price Approaching Next Crucial Breakout

Stellar lumen price is currently trading in a positive zone above $0.1100 against the US Dollar.XLM price traded as high as $0.1160 and it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1080 on the 4-hours chart (data feed via Kraken).The pair could continue to rise above $0.1180 as long as it is above the $0.1000 support zone.Stellar lumen price is currently gaining pace above $0.1100 against the US Dollar, similar to...

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Ripple Price Analysis: Bullish Break Above $0.31 Seems Likely

Ripple price is trading nicely above the $0.2900 support zone against the US dollar.The price is currently consolidating below the $0.3080 and $0.3100 resistance levels.There was a break above a major declining channel with resistance near $0.2965 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 $0.3080 and $0.3100 resistance levels.Ripple price is trading in a positive zone above $0.2900 against the US Dollar....

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The Boston Fed Looks Into Releasing a New Digital Currency

The Boston, Massachusetts Federal Reserve has announced plans to potentially unveil a digital dollar in the coming years.The Boston Fed Is Working on a Digital Currency of Its OwnAs it stands, the plans won’t come about for a while, as the organization is basically toying with the idea for now, though it ultimately believes that the world will have to resort to digital currency in the coming future, and the Fed is looking to get a head start. The organization is working with researchers at...

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Chainlink Is Now the Fifth-Largest Cryptocurrency By Market Cap

Not too long ago, Live Bitcoin News reported that Chainlink (LINK) was on a roll and had ultimately experienced a hefty surge in its price. Now, the currency has jumped even further, and has overtaken bitcoin cash to become the world’s number five cryptocurrency by market cap.Chainlink Is On a Serious RollOver the last week, the price of LINK has jumped by more than 80 percent. It has added roughly 120 percent to its price since the beginning of the month and has shot up by more than 600...

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