Tron price is trading in a bullish zone above the $0.0150 support against the US Dollar.TRX price is currently facing a strong resistance near the $0.0165 and $0.0166 resistance levels.There is a major bullish trend line forming with support near $0.0156 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to remain well bid above $0.0155.TRON price is trading in an uptrend above $0.0150 against the US Dollar, similar to bitcoin. TRX price could...
Read More »Ethereum Price Analysis: ETH Poised To Resume Its Uptrend Above $215
Ethereum price is trading nicely above the $198 and $200 support levels against the US Dollar.ETH price is likely to break the $214-$215 resistance region for a fresh rally.There is a major bullish trend line forming with support near $201 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to remain well bid above the $200-$201 zone.Ethereum price is trading in an uptrend above the $200 support against the US Dollar. ETH/USD is likely to break...
Read More »Is Tether Responsible for BTC’s Sudden Jump?
Uh oh. Is Tether behind bitcoin’s latest surge?Tether Is At It AgainOver the years, rumors have swelled that Tether has been tied to bitcoin as a way of boosting its price. University of Texas finance professor John Griffin has put out reports in the past suggesting that the 2017 bitcoin burst we all witnessed was actually caused by traders using Tether – a controversial stable currency – to purchase bitcoin whenever it’s price went down.Stable coins are those supported by fiat currencies,...
Read More »Stellar Lumen (XLM) Price Correcting Gains, But Uptrend Is Intact
Stellar lumen price climbed towards the $0.0765 level before correcting lower against the US Dollar.XLM price is now trading below the $0.0700 level, but downsides are likely to be limited.There was a break below a major bullish trend line with support at $0.0720 on the 4-hours chart (data feed via Kraken).The pair could correct further lower towards the $0.0625 support, where the bulls might take a stand.Stellar lumen price is currently correcting lower against the US Dollar, similar to...
Read More »Ripple Price Analysis: Key Uptrend Support Nearby at $0.20
Ripple price is currently correcting lower from the $0.2358 swing high against the US dollar.The price is likely to find a strong support on the downside near $0.2000.There is a major bullish trend line forming with support near $0.2085 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a fresh upward move if it clears the $0.2155 resistance area.Ripple price is currently correcting from the last week high against the US Dollar. XRP price must stay above...
Read More »Tom Hagen Arrested for Elaborate Crypto Ransom and Kidnapping Hoax
A Norwegian billionaire named Tom Hagen is now in prison and being prepared for questioning in his wife’s murder. Hagen is a real estate mogul who reported that his 69-year-old wife was kidnapped in late 2018. The kidnappers were allegedly asking that he fork over $10 million in Monero funds if he ever wanted to see his wife again.Hagen May Have Been InvolvedHagen, age 70, reported that he came home one night to find the ransom note in the couple’s bathroom asking for the money. The note was...
Read More »Bitcoin Is Causing the Entire Crypto Space to Expand
The cryptocurrency space has added a whopping $35 billion to its overall market cap thanks, in part, to bitcoin surging well beyond the $8,000 mark.The Crypto Market Owes Its Gains to BitcoinWhat’s even more impressive is that during yesterday’s early morning hours, the number one cryptocurrency by market cap surged into the low $9,000 range, which means that its present price is something of a correction or a “settling” at something lesser. Still, the market is in extraordinary shape...
Read More »Bitcoin Cash Analysis: Fresh Rally Above $260 Very Likely
Bitcoin cash price rallied to a new monthly high at $276 before correcting lower against the US Dollar.The price found support near $250 and it is currently preparing for a fresh increase.There is crucial bullish trend line forming with support near $250 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh rally once it clears the $260 resistance area.Bitcoin cash price is trading in a nice uptrend above the $250 level against the US Dollar....
Read More »Stellar Lumens Has Jumped More Than 70%
The cryptocurrency arena has been hit hard by the coronavirus pandemic over the past few weeks, but it seems to be coming back in full force. Currencies like Stellar Lumens (XLM) appear to have regained much of their March losses.Stellar Is Surging Like Nobody’s BusinessEarlier today, Live Bitcoin News reported that BTC – the world’s number one cryptocurrency by market cap – had surged past the $8,000 range for the first time in nearly two months. The currency is easily leading the market’s...
Read More »EOS Price Analysis: Rallies 10%, Bulls Eye $3.5 or Higher
EOS price is up more than 10% and it broke the $3.000 resistance area against the US Dollar.It traded to a new monthly high at $3.123 and it is currently consolidating gains.There is a key bullish trend line forming with support near $2.880 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are high chances of more upsides above the $3.200 and $3.300 levels in the near term.EOS price is gaining bullish momentum and it up significantly against the US Dollar, similar to...
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