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Tag Archives: Altcoin News

Litecoin (LTC) Price Analysis: Just broke $50 and Bulls Are Not Done Yet

Litecoin price is up close to 10% and it broke the $45.50 resistance area against the US Dollar.LTC price traded as high as $50.95 and it is currently consolidating gains.There is a key bullish trend line forming with support near $46.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported on the downside for more upsides above $50.00 and $52.00.Litecoin price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin....

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Cardano (ADA) Price Analysis: Crucial Hurdle Ahead at $0.05

ADA price is gaining bullish momentum and it broke the $0.0435 resistance against the US Dollar.It is now approaching a major resistance zone near the $0.0500 level.There is a key bullish trend line forming with support near $0.0470 on the 4-hours chart (data feed via Kraken).The price could continue to rise if it clears the $0.0490 and $0.0500 resistance levels.Cardano price is currently trading in a nice uptrend against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0500...

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Curv Works with Crypto Garage to Boost Digital Transactions

Crypto custodial firm Curv is building a new office in the Asia-Pacific (APAC) region.Curv Is Looking to Ensure Institutional Players Get a ChanceThe company offers digital assets and cryptocurrency services to institutional traders. Over the years, an institutional presence is widely considered a huge and necessary factor in bringing cryptocurrency closer towards mainstream territory. Many have sought to avoid crypto like the plague out of fear that their digital holdings could potentially...

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Tron (TRX) Price Analysis: Rally Isn’t Over Yet, $0.016 Next?

Tron price is trading in a strong uptrend above the $0.0135 support against the US Dollar.TRX price is likely to continue higher above the $0.0145 and $0.0150 resistance levels.There is a major bullish trend line forming with support near $0.0140 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to break the $0.0150 resistance level.TRON price is gaining bullish momentum above key levels against the US Dollar, similar to bitcoin. TRX price is...

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Ethereum Price Analysis: ETH Following Strong Uptrend Above $190

Ethereum price is currently trading in an uptrend above $190 against the US Dollar.ETH price is likely to continue higher above the $200 resistance level.There is a key ascending channel forming with support near $192 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to find bids near $190 or $185.Ethereum price is showing many positive signs above $190 against the US Dollar. ETH/USD remains in an uptrend and it could soon rally further above...

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Ernst & Young: Ethereum Can Do A Lot for Businesses

In a recent online seminar, Ernst & Young – one of the Big Four accounting firms across the globe – just explained to all its viewers and listeners how it wants to empower financial ventures and other businesses with the Ethereum blockchain.Ethereum Has a Lot to OfferEthereum is the second largest cryptocurrency in the world. It is one of the primary competitors to bitcoin, but is also still relatively new, having emerged in 2015. Thus, it is younger than Litecoin, which emerged following...

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Stellar Lumen (XLM) Price Forming Strong Uptrend, $0.07 Next?

Stellar lumen price is up more than 10% and it broke the $0.0600 resistance area against the US Dollar.XLM price traded to a new monthly high at $0.0661 and it is currently consolidating gains.There is a short term contracting triangle forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair could correct further lower towards the $0.0575 support and the 55 simple moving average (4-hours).Stellar lumen price is showing many bullish signs against the US Dollar and...

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Ripple Price Analysis: Bullish Breakout Likely Above $0.2050

Ripple price is currently trading in an uptrend above the $0.1900 pivot area against the US dollar.The price is likely to surge above the $0.2025 and $0.2050 resistance levels in the near term.There is a key bullish trend line forming with support near $0.1945 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a downside correction if it fails near $0.2025 or $0.2050.Ripple price is moving higher and trading above $0.1950 against the US Dollar. XRP price...

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China Unleashes Digital Yuan on American Businesses

China has long been touting the idea of its own national digital currency, and now it looks like the token is being tested through American businesses.China Is Unveiling Its New Digital YuanAmong the ventures that have agreed to participate include Seattle-based coffee king Starbucks, as well as fast food restaurants like McDonald’s and Subway. Starbucks is interesting in that the company has long been a heavy advocate of crypto. It was one of the first enterprises to join hands with Bakkt,...

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Bitcoin Cash Analysis: Bullish Break Towards $260 Very Likely

Bitcoin cash price is gaining bullish momentum above the $232 resistance against the US Dollar.The price is likely to accelerate higher towards the $258 and $260 resistance levels.There was a break above a crucial bearish trend line with resistance near $234 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could correct a few points, but dips remain well supported near $232 and $230.Bitcoin cash price is trading in a nice uptrend above $230 against the US Dollar....

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