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Tag Archives: Altcoin News

Ripple Is Looking To Boost Its Presence in Brazil

It looks like Ripple (XRP) could be about to expand again.Ripple Heading to Brazil?The world’s third-largest cryptocurrency by market cap announced that it is now looking to expand into Brazil, which has become one of the largest digital asset havens over the past year and arguably one of the biggest regions for cryptocurrency in Latin America. The company’s head of global banking revealed in an interview during early June that executives are convinced that offering services to Brazil will...

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EOS Price Analysis: Here’s Why Bulls Are Likely To Struggle Near $2.6

EOS price declined towards the $2.400 support level before recovering against the US Dollar.The price is trading above $2.500, but it is facing a major hurdle near $2.600.There is a key bearish trend line forming with resistance near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to clear the $2.600 and $2.620 resistance levels in the coming sessions.EOS price is holding the $2.400 support zone against the US Dollar, while bitcoin is rising....

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Litecoin (LTC) Price Analysis: Bulls Facing Crucial Hurdle At $45

Litecoin price started a major decline from well above the $48.00 level against the US Dollar.LTC price traded as low as $41.76 and it is currently correcting higher.There are two bearish trend lines forming with resistance near $44.50 and $45.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face a strong selling interest if it recovers towards the $45.00 resistance.Litecoin price is holding the $42.00 support area and recovering against the US...

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Cardano (ADA) Price Analysis: Bulls Facing An Uphill Task Near $0.08

ADA price started a steady decline from the $0.0900 resistance zone against the US Dollar.The price tested the $0.0700 support area and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The price must clear the $0.0800 resistance and the 55 simple moving average (4-hours) for a fresh increase.Cardano price is facing a couple of key hurdles against the US Dollar and bitcoin. ADA price might...

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Small Ethereum Transfers Result in Nearly $3 Million in Fees

Imagine paying a monster-sized fee for sending just a small amount of money to another wallet or address. For one Ethereum user, this appears to have been the case not just once, but twice in the past week.Ethereum Transfer Results in Two Massive FeesOn June 10, a user transferred approximately $130 worth of Ethereum to a new address. This isn’t a huge transaction, and yet the fees for the transfer amounted to more than 10,660 ETH which ultimately means that the user wound up paying more than...

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Tron (TRX) Price Analysis: Bulls Aiming Fresh Break Above $0.017

Tron price is recovering nicely and trading well above the $0.0150 support against the US Dollar.TRX price is showing positive signs above the $0.0155 and $0.0160 levels.There was a break above a key bearish trend line with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue higher if it clears the main $0.0170 resistance zone.TRON price is slowly moving back into a positive zone against the US Dollar, similar to bitcoin. TRX price must break...

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Ethereum Price Analysis: ETH Likely To Rally if it Clears $235

Ethereum price is recovering nicely from the $218 support zone against the US Dollar.ETH price must break the $235 resistance zone to continue higher in the near term.There is a key bearish trend line forming with resistance near $235 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $235 resistance or it might restart its decline below $225.Ethereum price is attempting a key upside break above $235 and $240 against the US Dollar. ETH/USD is likely to...

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Stellar Lumen (XLM) Price Turns Bearish And Likely To Break $0.062

Stellar lumen price failed to stay above the $0.0750 support and declined recently against the US Dollar.XLM price is currently declining and trading well below the $0.0700 pivot level.There is a key bearish trend line forming with resistance near $0.0720 on the 4-hours chart (data feed via Kraken).The pair remains at a risk of more losses below the $0.0620 and $0.0600 support levels.Stellar lumen price is now back in a bearish zone below $0.0700 against the US Dollar, similar to bitcoin. XLM...

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Ripple Price Analysis: XRP Trading Near Breakdown Support Zone

Ripple price is trading in a bearish zone below the $0.1945 resistance zone against the US dollar.The price failed to correct above $0.1945 and it is now trading near the $0.1850 support.There are two bearish trend lines forming with resistance near $0.1920 and $0.1960 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses below the $0.1850 and $0.1820 support levels.Ripple price is under pressure and trading well below $0.1920 against...

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Bitcoin Cash Analysis: Key Support Turned Resistance At $245

Bitcoin cash price declined sharply after it failed to clear the $260 resistance against the US Dollar.The price is down more than 5% and it broke the key $245 support zone.There was a break below a crucial bullish trend line with support near $252 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is currently correcting higher, but upsides are likely to remain capped near $245.Bitcoin cash price is back in a bearish zone below the $245 support against the US Dollar....

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