Tag Archives: Altcoin News

Ethereum price is currently holding the key $124 support area against the US Dollar.ETH price seems to be struggling to clear the $134 and $135 resistance levels.There is a major contracting triangle forming with resistance near $134 on the 4-hours chart (data feed from Coinbase).The price could either rally above $135 or it might dive back towards the $110 support area.Ethereum price is trading in a range and preparing for the next move against the US Dollar. ETH/USD must gain traction above...

Stellar lumen price is currently recovering higher from the $0.0375 area against the US Dollar.XLM price is likely to face a strong resistance near the $0.0405 and $0.0410 levels.Earlier, there was a break below a major bullish trend line with support near $0.0400 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0440 if it clears the main $0.0410 resistance area.Stellar lumen price is recovering towards major hurdles against the US Dollar and bitcoin. XLM price...

Ripple price declined recently from the $0.1880 resistance area against the US dollar.The price is now trading below $0.1700, but it is holding the key $0.1600 support.There is a key bullish trend line forming with support near $0.1605 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could only resume its upward move as long as it is above the $0.1600 support area.Ripple price is holding a key uptrend support near $0.1600 against the US Dollar. XRP price is likely...

The CME Group in Chicago, Illinois, is proving to be one of the biggest and most influential establishments in the entire crypto community.The CME Group Is Heading for the TopThe company has gone on to break all kinds of records with its latest bitcoin futures options, which became available in late January of this year. The firm has already managed to outdo the likes of Bakkt, which arguably had greater publicity going into the bitcoin futures market and had more of a leadup before its doors...

As Congress went back and forth regarding the latest $2 trillion stimulus package designed to help America out during these strenuous times, many lawmakers suggested the idea of a digital dollar to potentially get things moving in the right direction.The Digital Dollar Has Failed… Or Has It?The digital dollar would have been an extension of USD. Instead of receiving paper checks in the mail, American citizens would instead receive digital funds as a means of ensuring that they did not handle...

It’s been reported by some analysts that bitcoin demand is likely to go up in the coming weeks due to the current economic and market conditions, though some sources claim the opposite, and believe there will be a stronger desire for traditional financial services and institutions.Some Want Tradition Over BitcoinDuring the last few weeks, several traders sold off their bitcoin and crypto stashes along with their stocks, metals and other assets as a means of attaining cash. During times of...

Bitcoin cash price is currently recovering above the $200 resistance zone against the US Dollar.The price is showing positive signs above the $210 and $215 levels.There is a key bullish trend line forming with support near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge higher if it clears the $240 and $244 resistance levels.Bitcoin cash price is trading in a positive zone above $200 against the US Dollar. BCH/USD is likely setting up for a...

EOS price is trading in a positive zone above the $2.150 support against the US Dollar.The price is likely to start a strong increase if it breaks $2.400 and $2.500.There is a key contracting triangle forming with resistance near $2.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The current price action is positive and suggesting more gains above $2.400 and $2.500.EOS price is slowly gaining bullish momentum above $2.200 against the US Dollar, similar to bitcoin. A...

Litecoin price is slowly recovering and trading above the $36.50 support against the US Dollar.LTC price is facing a strong resistance near the $41.00 area.There is a major contracting triangle forming with resistance near $40.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong rally above $41.00 or it might dive towards $32.50.Litecoin price is likely preparing for the next major move against the US Dollar, similar to bitcoin. LTC price...

As Congress nears a deal on the economic stimulus package, the latest proposal has taken a crypto turn and is offering the notion of a potential digital dollar.Is a Digital Dollar Coming to the U.S.?Many countries, as of late, have brought up the idea of introducing a national digital currency for its citizens. China, for example, is arguably the biggest example, having divulged the secrets of its latest project in the digital yuan. The currency has stirred controversy among those who believe...