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Tag Archives: Altcoin News

Stellar Lumen (XLM) Price Could Take Major Hit Below This Support

Stellar lumen price started a fresh decline from the $0.1000 resistance zone against the US Dollar. XLM price is now trading below $0.0950 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0840 and $0.0800 support levels. Stellar lumen price is trading below $0.1000 against the US Dollar, similar to...

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Ripple Price Analysis: Bears Aim Retest of $0.32

Ripple price started a fresh decline from the $0.4000 resistance against the US dollar. The price is now trading above $0.3880 and near the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $0.3875 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down towards the $0.320 support in the near term. Ripple price is struggling below $0.400 against the US Dollar,...

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Caiz Development Is Working on a Crypto Platform for Islamic Followers

German fintech firm Caiz Development is working to establish a new Sharia-compliant crypto and blockchain enterprise that will allow unbanked or underbanked people in the Middle East take advantage of digital assets. Caiz Development Is Helping the Middle East Get Acquainted with Crypto The goal is to ensure the platform is fully compatible with those who follow the Islamic religion. By conforming to its methods and ideals, those who worship and abide by Islamic laws can...

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Major ETH-Based Currency Hex Is Crashing

The crash of Terra Luna – an algorithmic stable currency – caused ripples throughout the digital currency space. The price of bitcoin has fallen more than 70 percent from its all-time high of $68,000 last November, and the digital currency arena has lost more than $2 trillion in valuation. Now, it looks like another bigtime digital asset – Hex – could potentially fall into the same category as Terra Luna. Hex Is Dropping Rapidly Hex was launched three years ago in 2019....

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Bitcoin Cash Analysis: Bulls Aim Upside Break Above $110

Bitcoin cash is attempting a fresh increase from the $88 zone against the US Dollar. The price is now trading above the $100 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $98 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $107 and $110 to continue higher in the near term. Bitcoin cash price is climbing above $100 against the US Dollar, similar to bitcoin....

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EOS Price Analysis: Risk of More Losses Below $0.8

EOS price started a fresh decline below the $0.95 support against the US Dollar. The price is now trading below $0.95 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.905 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.90 and $0.95 resistance levels. EOS price is struggling below $0.95 against the US Dollar, similar to bitcoin. The...

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Litecoin (LTC) Price Analysis: Bulls Aim Fresh Increase Above $60

Litecoin started a fresh decline from the $65 resistance zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $57 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $60 resistance zone. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC price...

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