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Tag Archives: Altcoin News

Move Over BTC, Tezos Is Gaining Serious Traction

Bitcoin may be at the center of crypto enthusiasts’ attention as of late due to the recent halving, but it’s not the only coin that’s on a bull run. Tezos (XTZ) – the tenth largest cryptocurrency by market cap – has lots of fans going crazy about where it will go, as it has already risen by more than 80% since the beginning of the year.Tezos Is Getting a Solid ReputationAt the time of writing, Tezos is trading for just over $2.50. That’s about 85 percent higher than where it stood during the...

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Telegram Loses Legal Crypto Battle with SEC

Telegram has ended its dealings in cryptocurrency. An encrypted messaging service, Telegram initially announced a token sale of its new “GRAM” token, which garnered the company more than $1 billion in additional funds, but thanks to a longwinded fight with the Securities and Exchange Commission (SEC), it looks like the GRAM is never going to get off the ground.The Battle Is Lost for TelegramThe GRAM token was supposed to work in cahoots with the company’s new TON blockchain. Customers of the...

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Bitcoin Cash Analysis: Can Bulls Protect This Crucial Support?

Bitcoin cash price started a fresh decline after it failed near the $280 resistance against the US Dollar.The price declined below the key $250 and $245 support levels.There is a key ascending channel forming with support near $235 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either break the $245 resistance to continue higher or decline further towards $215.Bitcoin cash price is correcting losses from the $217 low against the US Dollar. BCH/USD must stay...

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EOS Price Analysis: Can Bulls Overcome The $2.60 Hurdle?

EOS price started a sharp decline after it failed to stay above $3.00 against the US Dollar.The price broke the key $2.600 support and traded as low as $2.169There is a major bearish trend line forming with resistance near $2.600 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair must climb above the $2.600 resistance zone to move into a positive zone.EOS price is currently correcting higher above $2.400 against the US Dollar, while bitcoin is rising. The price must...

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Litecoin (LTC) Price Analysis: Bulls Likely To Face Hurdles Near $44-$45

Litecoin price declined heavily after it failed to clear the $50.00 resistance against the US Dollar.LTC price traded as low as $39.40 and it is currently correcting higher.There was a break above a short term contracting triangle with resistance near $42.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could spike towards the $44.00 and $45.00 resistance levels in the near term.Litecoin price is showing sign of a decent upward move against the US Dollar and...

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Ethereum Is Further Stuffed with Tokenized Developer Coins

Token developers are beginning to tokenize themselves on the Ethereum blockchain.Ethereum Is Getting A Load of Additional CoinsThe developers add their names to specific coins that they mint or create which individuals can then use to garner services from the developer in question. These tokens can access content they’ve created, be used to garner advice, or utilize their time for projects. The purpose is to garner additional funds for developers’ services, but it’s receiving a lot of...

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Cardano (ADA) Price Analysis: Fresh Rally Above $0.052 Very Likely

ADA price is trading in a positive zone above the $0.0450 support against the US Dollar.The price is likely to surpass the $0.0520 and $0.0540 resistance levels.There is a key contracting triangle forming with resistance near $0.0520 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but it is likely to remain well bid above the $0.0450 support.Cardano price is showing a few positive signs above $0.0480 against the US Dollar, similar to bitcoin. ADA price must climb...

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Bitcoin Price Analysis: BTC Remains in Uptrend Above $8,400

Bitcoin price started a strong downside correction from the $10,069 high against the US Dollar.It is currently consolidating above the $8,400 and $8,250 support levels.There is a crucial bullish trend line forming with support at $8,410 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could start a fresh rally if there is a clear break above $9,120 and $9,180.Bitcoin price is currently consolidating losses above the $8,400 support against the US Dollar. BTC is...

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Tron (TRX) Price Analysis: Turned ‘Sell’ on Rallies Towards $0.015

Tron price started a major bearish wave after it failed to clear the $0.0166 resistance against the US Dollar.TRX price tested the $0.0135 support zone and it is currently correcting losses.There was a break below a crucial bullish trend line with support near $0.0160 on the 4-hours chart (data feed via Bitfinex).The price could correct higher, but it is likely to face sellers near $0.0150 and $0.0152.TRON price declined heavily in the past few days against the US Dollar, similar to bitcoin....

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Ethereum Price Analysis: ETH Could Nosedive Below $175-$180

Ethereum price started a major decline after it failed to clear the $220 resistance against the US Dollar.ETH price declined sharply below the $200 and $198 support levels.There was a break below a key contracting triangle with support near $200 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating losses and likely to face resistance near $192 and $198.Ethereum price is back in a bearish zone below $200 against the US Dollar. ETH/USD is likely to continue lower...

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