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Tag Archives: Altcoin News

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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EOS Price Analysis: Bulls Eyeing Crucial Break above $2.8 and $3.0

EOS price is trading above a couple of key supports near $2.700 against the US Dollar.The price is likely to start a strong increase if it clears the 55 simple moving average (4-hours) and $2.800.There is a major contracting triangle forming with resistance near $2.775 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline heavily if it breaks the main $2.650 support zone in the near term.EOS price is showing positive signs above $2.650 against the US...

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Litecoin (LTC) Price Analysis: Technical Indicators Suggest An Upside Break

Litecoin price is trading nicely above a major support at $45.50 against the US Dollar.LTC price is likely to start a strong upward move if it clears the $46.80 and $47.00 resistance levels.There is a key contracting triangle forming with resistance near $47.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could only start a bearish wave if it settles below the $45.00 support zone.Litecoin price is showing signs of a bullish break above $47.00 against the US...

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Cardano (ADA) Price Analysis: Downside Thrust Before Fresh Increase Likely

ADA price traded to a new monthly high at $0.0903 before correcting lower against the US Dollar.The price is currently trading below the $0.0850 level and the 55 simple moving average (4-hours).There is a key declining channel or a bullish flag forming with resistance near $0.0850 on the 4-hours chart (data feed via Kraken).The price could dive sharply towards the $0.0750 support or $0.0720 before a fresh increase.Cardano price is trading nicely in an uptrend against the US Dollar and...

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Simon Dedic Predicts Five Figure Price for BTC

BlockFyre founder Simon Dedic is predicting that the next bull rally will take the world’s number one digital currency by market cap – bitcoin – into the $150,000 range. He’s also predicting that many altcoins will hit it big as well, with assets like Ethereum striking the $9,000 mark.Dedic: Bitcoin Will Hit $150KIn a series of tweets, Dedic discussed the 2017 bull run that saw virtually every digital currency spiking to levels that virtually nobody could have predicted. At that time, bitcoin...

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Tron (TRX) Price Analysis: Dips Remain Attractive To The Bulls

Tron price rallied further above the $0.0180 resistance zone against the US Dollar.TRX price traded as high as $0.0186 and it is currently correcting lower.There is a major bullish trend line forming with support near $0.0173 on the 4-hours chart (data feed via Bitfinex).The pair is likely to remain well bid above the $0.0172 and $0.0170 support levels.TRON price is trading in a strong uptrend above $0.0170 against the US Dollar, similar to bitcoin. TRX price is likely start a fresh increase...

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Ethereum Price Analysis: ETH Holding Crucial Uptrend Support At $240

Ethereum price is trading in an uptrend above the $240 support against the US Dollar.ETH price must break the $248 and $252 resistance levels for more gains.There is a key bullish trend line forming with support near $240 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher towards $265 if it clears the $252 level.Ethereum price is showing a few positive signs above $240 against the US Dollar. ETH/USD is currently struggling to gain strength above the $248...

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Stellar Lumen (XLM) Price Looks Set To Surge If It Breaks $0.08

Stellar lumen price is trading in a bullish zone above the $0.0750 resistance level against the US Dollar.XLM price is likely to surge higher if it clears the $0.0800 and $0.0828 resistance levels.There is a major breakout pattern forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The pair could rise sharply unless it fails to stay above the $0.0750 support zone.Stellar lumen price is trading in an uptrend above $0.0750 against the US Dollar, similar to bitcoin....

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Ripple Price Analysis: XRP Trading Near Key Inflection Point

Ripple price is facing an uphill task near the $0.2050 resistance zone against the US dollar.The price must break the $0.2050 resistance zone and then $0.2125 to rise steadily.There is a key connecting bearish trend line forming with resistance near $0.2045 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could also start a major decline if it breaks the $0.1985 support zone.Ripple price is approaching the next key break against the US Dollar. XRP price could...

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