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Tag Archives: Altcoin News

Stellar Lumen (XLM) Price Could Rally If It Clears $0.4500

Stellar lumen price started a sharp decline from well above $0.5000 against the US Dollar. XLM price is now consolidating well below $0.4500 and the 55 simple moving average (4-hours). There is a major triangle forming with resistance near $0.4490 on the 4-hours chart (data feed via Kraken). The pair could start a strong increase if there is a clear break above the $0.4500 resistance zone. Stellar lumen price is correcting losing from $0.3400 against the US Dollar,...

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Ripple Price Analysis: Chances of More Downsides Below $0.40

Ripple price failed to stay above $0.5000 and declined sharply against the US dollar. The price is now trading well below the $0.450 zone and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $0.4320 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to continue lower towards the $0.3500 support zone in the near term. Ripple price is started a fresh decline below $0.5000 and $0.4500...

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Bitcoin Cash Analysis: Retest of $400 Possible Before Fresh Increase

Bitcoin cash price rallied sharply above $700 before correcting lower against the US Dollar. The price is now trading well below $600 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $660 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down towards $415 and $400 before it could start a fresh increase. Bitcoin cash price is consolidating losses after a sharp...

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Tether, Bitfinex Settle Major Legal Case in New York

Tether and Bitfinex have settled their case with the New York Attorney General’s office. Both companies have agreed to pay as much as $18.5 million to make the issues of the past finally disappear. The Tether Bitfinex Fiasco Has Come to an End Both companies have been under serious investigation for the last few years after having been accused of working to cover up an $850 million loss of both corporate and client funds. As a result of the settlement, both Tether and...

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EOS Price Analysis: Crucial Resistance Awaits Near $4.40

EOS failed to surpass the $5.500 zone and corrected lower against the US Dollar. The price is currently trading well below $4.400 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could either recover nicely above $4.000 or it might decline again towards $3.200. EOS price is consolidating losses below $4.500 against the US Dollar,...

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Litecoin (LTC) Price Analysis: $200 Holds The Key For Fresh Rally

Litecoin price started a sharp downside correction from the $250 resistance against the US Dollar. LTC price is now trading well below $200 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $188 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $190 and $200 resistance level for more upsides in the near term. Litecoin price is consolidating losses below $200 against the...

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Tron (TRX) Price Analysis: Key Breakout Zone Sits At $0.051

Tron price started a strong decline and traded below the key $0.0500 support against the US Dollar. TRX price is now recovering from $0.0380, but it is still well below the 55 simple moving average (4-hours). There was a break below a key contracting triangle forming with support near $0.0560 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh increase if it clears the $0.0510 resistance zone in the near term. TRON price is correcting losses above...

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Cardano (ADA) Price Analysis: Why Dips Remain Attractive Below $1

ADA price extended its rally and it even surged above the $1.00 resistance against the US Dollar.The price is trading nicely above the $0.9500 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.9550 on the 4-hours chart (data feed via Bitfinex).The price is likely to continue higher above the $1.05 unless there is a close below $0.9500.Cardano price is trading in a strong uptrend above $0.9500 against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Starts Major Downside Correction

Ethereum price traded to a new all-time high at $2,043 before correcting lower against the US Dollar.ETH price is currently trading well below $1,750 and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue lower towards the $1,640 and $1,600 levels in the near term.Ethereum price is correcting gains from well above $2,000 against the US Dollar. ETH/USD...

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Christie’s Auction House Says “Yes” to ETH Payments for Art Pieces

Who would have ever thought that the world of blockchain technology and the world of art would ever collide? The past few years have shown that digital artists can, indeed, make a nice living with blockchain’s help, and now Christie’s Auction House is looking to get in on the action.Christie’s Auction House Views ETH with PositivityThe company has recently stated that all art pieces put up for sale or auction in the future can be paid for with Ethereum, the second-largest cryptocurrency by...

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