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Tag Archives: Altcoin News

Bitcoin Cash Analysis: Bears Aiming Retest of The Key $225 Support

Bitcoin cash price started a fresh decline after it topped near the $280 level against the US Dollar.The price is down more than 5% and it broke the key $250 support area.There was a break below a connecting bullish trend line with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to continue lower and it could even retest the $225 support area.Bitcoin cash price is showing a few bearish signs below $250 against the US Dollar. BCH/USD...

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Charles Hoskinson Offers Ideas On Satoshi Nakamoto

As the co-founder of Ethereum, Charles Hoskinson has always held a top spot in the crypto industry.Hoskinson Offers Another BTC-Related DishRecently, Hoskinson was one of a few investors to suggest that bitcoin could reach the six-figure range in the year 2020. Alongside individuals such as Ross Ulbricht of Silk Road fame, Hoskinson was quick to suggest that the world’s number one cryptocurrency by market cap could potentially hit $100,000 by the time the year was finished.Given that bitcoin...

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The Bitcoin Halving Will Be Preceded by BCH and BSV Halvings

Analysts are predicting that April of 2020 could be a huge month for bitcoin and all its “offshoots.”Will the Halving Help or Hinder Bitcoin?Bitcoin is set to undergo a halving event in May, which up to this point, was slated to stretch the currency’s price beyond the stars and give it immeasurable power. However, as of late, the currency’s price appears to be gasping for air thanks in large part to the coronavirus-related panic that has brought down the world’s financial markets these past...

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EOS Price Analysis: Break Above $3.00 Is Looming

EOS price is trading in a bullish zone above the $2.650 support against the US Dollar.The bulls are facing a couple of key hurdles near the $2.800 and $3.000 levels.There is a major contracting triangle forming with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break above $2.750 and $2.800 is likely to pump the price above the $3.000 barrier.EOS price is following a nice uptrend above the $2.500 pivot area against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Could Pump Price Above $50

Litecoin price is trading in a bullish zone above the $45.00 level against the US Dollar.LTC price is likely to accelerate further higher if it clears the $46.40 and $48.00 resistance levels.There is a short term bearish trend line forming with resistance near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could even surpass the $50.00 level as long as it is above the $44.00 support.Litecoin price is trading in a strong bullish trend against the US Dollar,...

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Cardano (ADA) Price Analysis: Next Bullish Target Could Be $0.04

ADA price is currently gaining momentum and it is trading above the $0.0350 resistance against the US Dollar.A clear break above the $0.0370 resistance is needed for more gains.There is a key bullish trend line forming with support near $0.0340 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards the $0.0400 resistance as long as it is above $0.0320.Cardano price is trading in a solid uptrend above $0.0320 against the US Dollar, similar to bitcoin. ADA...

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Bitcoin Surges as Number of COVID-19 Cases Abroad Drop

Bitcoin has once again shot past the $7,000 mark. At the time of writing, the world’s top cryptocurrency by market cap has surged more than $300 and is now trading for approximately $7,150. Just yesterday, the asset was selling for about $6,800.Bitcoin Is Once Again On TopBitcoin has been through the mill these last few weeks, dropping from about $10,350 in mid-February to roughly $3,800 in March. The currency has clearly recovered somewhat since then, but there’s still about $3,000 to go if...

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Tron (TRX) Price Analysis: Bulls Are Comfortable Above $0.012

Tron price is up more than 8% and it broke the $0.0120 and $0.0132 resistance levels against the US Dollar.TRX price traded to a new monthly high at $0.0140 and it is currently correcting gains.There is a major bullish trend line forming with support near $0.0128 on the 4-hours chart (data feed via Bitfinex).The price could correct in the short term, but it is likely to find support near the $0.0125 area.TRON price is back in a positive zone above $0.0120 against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Rally Could Extend To $188

Ethereum price rallied recently above the $150 and $160 levels against the US Dollar.ETH price even surged above the $165 resistance and tested the $176 region.Earlier, there was a break above a key contracting triangle with resistance near $142 on the 4-hours chart (data feed from Coinbase).The price could correct a few points, but dips remain well supported near $164 or $158.Ethereum price is now trading in a strong uptrend above $158 against the US Dollar. ETH/USD is likely to extend its...

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ETH-Based Keep Network Closes Its Latest Funding Round

The Keep Network – which looks to bring a new level of privacy to bitcoin through Ethereum – has closed a funding round that garnered close to $8 million from investors like Paradigm, Collaborative Fund and Para FI Capital.The Keep Network Has a Lot of Money to Its NameThe Keep Network is a regular contributor to what’s known as t-BTC, which seeks to ensure Ethereum-based assets are available on the bitcoin blockchain.Paradigm founder Fred Ehrsam – who also co-founded Coinbase, one of the...

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