Wednesday , May 8 2024
Home / Tag Archives: Altcoin News (page 280)

Tag Archives: Altcoin News

Bitcoin Cash Analysis: Recovery Reaching Crucial Juncture

Bitcoin cash price is currently correcting higher from the $133 yearly low against the US Dollar.The price is up more than 20% and it is now trading above the $200 level.There was a break above a key bearish trend line with resistance near $195 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is now approaching a major resistance area near the $240 and $242 levels.Bitcoin cash price is showing a few positive signs above $200 against the US Dollar. However, BCH/USD...

Read More »

Binance Will Bring Tezos to U.S. Crypto Enthusiasts

Binance – the world’s biggest and most popular cryptocurrency trading platform – is bringing several new coins to investors including Tezos (XTZ). The asset will be available to all traders utilizing Binance.us.Binance Brings Tezos to U.S. TradersThe cryptocurrency exchange has also commented that trading pairs between XTZ/ USD and XTZ/ Binance USD (BUSD – the company’s stable currency) will also be available. Trading is slated to go live next Monday. Prior to that date, all customers of...

Read More »

EOS Price Analysis: Rallies Remain Capped Near $2.40 and $2.50

EOS price declined heavily and broke the $2.600 and $2.400 support levels against the US Dollar.The price is likely to face a strong selling interest near the $2.300 and $2.400 levels.There is a major contracting triangle forming with resistance near $2.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are many key supports on the downside, starting with $1.800 and $1.650.EOS price is showing a few bearish signs below $2.500 against the US Dollar, similar to...

Read More »

Litecoin (LTC) Price Analysis: Bears In Control Below $40

Litecoin price extended its decline and broke the $40.00 support area against the US Dollar.LTC price traded to a new 2020 low at $25.02 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $36.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a strong resistance near the $38.00 and $40.00 levels.Litecoin price is trading in a bearish zone below $40.00 against the US...

Read More »

Cardano (ADA) Price Analysis: Recovery Approaching Key Resistance

ADA price is currently recovering from the $0.0184 yearly low against the US Dollar.The price is trading above the $0.0200 and $0.0240 resistance levels.There was a break above a key bearish trend line with resistance near $0.0255 on the 4-hours chart (data feed via Kraken).The price could correct further higher in the short term, but it is likely to face hurdles near $0.0300.Cardano price is currently staging a decent upside correction against the US Dollar and bitcoin. However, ADA price is...

Read More »

Tron (TRX) Price Analysis: Bears Are Likely To Protect $0.012

Tron price declined heavily below the $0.0135 and $0.0100 support levels against the US Dollar.TRX price traded as low as $0.0070 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0110 on the 4-hours chart (data feed via Bitfinex).The price is likely to face a strong selling interest near $0.0110 and $0.0120 in the near term.TRON price is trading in a bearish zone below key supports against the US Dollar, similar to bitcoin. TRX price is...

Read More »

Ethereum Price Analysis: ETH Remains A Sell Below $150

Ethereum price extended its decline below the $150 and $120 support levels against the US Dollar.ETH price traded as low as $89 and it is currently correcting higher.There is a key declining channel forming with resistance near $125 on the 4-hours chart (data feed from Coinbase).The price could correct higher, but it is likely to face a lot of hurdles near $145 and $150.Ethereum price is back in a strong downtrend below $150 against the US Dollar. ETH/USD remains at a risk of more losses...

Read More »

Brad Garlinghouse: Ripple Must Outsize Amazon

Brad Garlinghouse and Ripple have some very big plans for the coming months.Ripple Has Made Big ChangesIn February, Garlinghouse explained that he wants his company to be the “Amazon” of the cryptocurrency industry, meaning he wants it to be bigger than big. Bigger than bitcoin, bigger than any other cryptocurrency known to man. Ripple must be number one, and he won’t stop until this goal is accomplished.At first glance, it looks like these might just be words. Amazon, after all, has a market...

Read More »

Coin Lock Opens for Business in Cayman Islands

A new cryptocurrency payment platform has opened its doors for business in the Cayman Islands. Known as Coin Lock, the company describes itself as the world’s “first cryptocurrency trading and payments platform designed to increase every coin.”Coin Lock Is Looking to Make Big ChangesRikky Hasan – the CEO of the business – explained in a statement:Through exhaustive market analysis, Coin Lock identified and alleviates three primary pain points for cryptocurrency consumers: lack of utility,...

Read More »

Stellar Lumen (XLM) Price Is Likely To Resume Decline Below $0.035

Stellar lumen price started an upside correction after a massive decline below $0.0400 against the US Dollar.XLM price is currently facing a lot of hurdles near the $0.0400 resistance area.There is a major bearish trend line forming with resistance near $0.0400 on the 4-hours chart (data feed via Kraken).The pair is likely to restart its decline if it fails to stay above the $0.0350 support area.Stellar lumen price is showing a lot of bearish signs against the US Dollar and bitcoin. XLM price...

Read More »