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Tag Archives: Altcoin News

Bitcoin Is Now Pretty Darn Close to $7,000

The crypto industry is looking alive again as bitcoin and several other coins surged on the news that Congress is close to reaching an economic stimulus package deal.Bitcoin Is Firing on All CylindersAt the time of writing, bitcoin has shot beyond the $6,600 mark – roughly $400 higher than where it stood yesterday, while all the top ten currencies in the crypto arena have shot up by anywhere between three and seven percent.Congress has been pushing a $1 trillion economic stimulus package that...

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Cardano (ADA) Price Analysis: Approaching Next Key Break To $0.04?

ADA price is currently consolidating in a tight range below the $0.0320 resistance against the US Dollar.The price is holding the key $0.0280 support level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0284 on the 4-hours chart (data feed via Kraken).The price could start a strong rise above the $0.0320 and $0.0340 resistance levels in the near term.Cardano price is making an attempt to rise above key hurdles against the US Dollar...

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Tron (TRX) Price Analysis: Bulls Aiming Crucial Upside Break

Tron price is currently rising and it is trading above the $0.0100 resistance against the US Dollar.TRX price is likely to surge if there is an upside break above the $0.0120 resistance.There is a key bearish trend line forming with resistance near $0.0115 on the 4-hours chart (data feed via Bitfinex).The price could dip a few points, but it is likely to find support near the $0.0105 level.TRON price is showing a few positive and recovery signs against the US Dollar, similar to bitcoin. TRX...

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Ethereum Price Analysis: ETH Eyeing Key Upside Break Above $140

Ethereum price is gaining traction above the $120 and $125 resistance levels against the US Dollar.ETH price is likely to grind higher towards the $155 and $160 resistance levels.There is a major bearish trend line forming with resistance near $137 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but dips remain well supported near the $122 and $120 levels.Ethereum price is showing positive signs above $135 against the US Dollar. ETH/USD must surpass $137 and $140...

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Stellar Lumen (XLM) Price Facing Key Hurdles Near $0.040 and $0.045

Stellar lumen price recovered above $0.0400, but it failed near $0.0450 against the US Dollar.XLM price is currently declining and it is struggling to stay above the $0.0360 support.There is a key bearish trend line forming with resistance near $0.0400 on the 4-hours chart (data feed via Kraken).The pair is likely to extend its decline as long as it is trading below the $0.0450 pivot.Stellar lumen price is trading in a bearish zone against the US Dollar and bitcoin. XLM price is likely to...

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Ripple Price Analysis: Downtrend Intact Below This Key Resistance

Ripple price is currently struggling to clear the $0.1650 and $0.1700 resistance levels against the US dollar.The price is now trading below $0.1550 and it is likely to extend its decline.There is a key bearish trend line forming with resistance near $0.1600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could only surge higher if there is a clear break above the $0.1600 and $0.1700 levels.Ripple price is trading in a bearish zone below $0.1700 against the US...

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Is Bitcoin Going Up Due to an Influx of Tether?

Bitcoin is currently trading in the mid-$6,000 range. While it had expanded all the way to $6,800 during today’s early morning hours, it appears to have settled down a bit and taken a comfortable seat at around $6,400 during the time of writing.Bitcoin Has Seemingly Recovered SomewhatBitcoin is not alone in its present ascension. The currency is joined by the likes of Ethereum, Ripple and bitcoin cash, all of which have spiked by as much as 22 percent in the last 48 hours. The crypto downfall...

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Bitcoin Spikes Again Following News of Trump Bill

Not long ago, Live Bitcoin News reported that the price of bitcoin – the world’s number one cryptocurrency by market cap – was about to surge all over again. Today, it looks like that prediction is coming true.Bitcoin Is Spiking Again!After spending what feels like an eternity in the doldrums (though it was only about two weeks), bitcoin has risen from the ashes and added roughly $1,000 to its price, surging from approximately $5,100 to $6,100 at the time of writing. The currency is once...

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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...

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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...

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