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Tag Archives: Altcoin News

Bitcoin Cash Analysis: BCH Could Continue To Slide

Bitcoin cash price is struggling to rebound and is trading below $225 against the US Dollar.The price is currently declining and it could slide below the $210 and $205 supports.There is a key bearish trend line forming with resistance near $220 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break $220, $225 and $230 to start a fresh increase in the near term.Bitcoin cash price is facing a lot of hurdles near $225 against the US Dollar. If BCH/USD breaks the...

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Is the Nash Exchange Invulnerable to Cyberattacks?

Is it possible to create a cryptocurrency exchange that is in no way vulnerable to hackers? According to the creators of Nash, that’s exactly what’s been done.Nash: A New Kind of Trading Platform?New technology has emerged that makes bitcoin more programmable. Thus, traders do not need to hand over control of their assets until the final moments of a transaction. Nash, a new cryptocurrency trading platform, is utilizing this technology to ensure all its customers’ financial data and digital...

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Warren Davidson to Facebook: Say Yes to BTC, Not Libra

It seems like some members of Congress still have no love for Libra. In fact, a few are even advising Facebook to adopt bitcoin and avoid the Libra project altogether. Among the people suggesting this is U.S. Congressman Warren Davidson of Ohio.Davidson to Facebook: Forget About LibraDavidson says he was first introduced to bitcoin back in 2013. He acknowledges that while bitcoin isn’t necessarily perfect, it is a decentralized system that gives its users freedom in how they conduct...

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EOS Price Analysis: Key Support Nearby But Bias Turned Bearish

EOS price is down more than 10% and it broke the key $3.040 support area against the US Dollar.The price even traded below the $3.000 support area and tested the $2.820 support zone.There was a break below a major bullish trend line with support near $3.110 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses if there is a close below the $2.800 pivot level.EOS price is showing bearish signs against the US Dollar and bitcoin. The price...

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Litecoin (LTC) Price Analysis: Bears Eye Losses Below $50

Litecoin price started a sharp decline after it broke the key $56.20 support against the US Dollar.LTC price is now trading well below the $55.00 and $53.75 support levels.There was a break below a crucial contracting triangle with support near $56.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if it fails to stay above the $51.00 and $50.00 supports.Litecoin price is declining and trading below $55.00 against the US Dollar,...

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Bitcoin Disappoints with Another Drop Into $7,000 Range

Oh, bitcoin… Why must you always put us through this? At press time, the asset has fallen back down into the $7,000 range. Granted the price is still in the higher section – $7,960 – but it’s still a significant drop from yesterday, when bitcoin was trading for around $8,100.Bitcoin Is Once Again Falling from GraceWhat this tells us is that the currency, despite all its past resilience, is unable to maintain the momentum it briefly had following the cryptocurrency bloodbath of late September....

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Cardano (ADA) Price Analysis: Primed For More Downsides

ADA price is back in a bearish zone below the key $0.0400 support area against the US Dollar.The price is likely to extend its decline towards the $0.0375 or $0.0360 support.There was a break below a major bullish trend line with support near $0.0408 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but the previous support near $0.0408 might prevent gains.Cardano price is currently declining against the US Dollar and bitcoin. ADA price remains at a risk of...

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Libra Presses On in Spite of Association Losses

Oh, Libra… Has it occurred to you yet that perhaps venturing into the crypto space wasn’t the greatest idea? And that maybe creating an entirely new cryptocurrency as a means of garnering Facebook’s trust back wasn’t the best response to the Cambridge Analytica scandal?Libra Pushes Through the MudDespite several companies exiting the Libra Association, despite several delays, regulatory problems and anger from the U.S. Congress and international governing bodies, Libra has taken the time to...

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Tron (TRX) Price Analysis: Uptrend Gaining Pace Above $0.0160

Tron price is gaining bullish momentum above the $0.0160 resistance against the US Dollar.TRX price is likely to surpass the $0.0172 and $0.0175 resistance levels in the near term.There is a significant bullish trend line forming with support near $0.0161 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it remains well supported near the $0.0155 level.TRON price is trading in a steady uptrend against the US Dollar and bitcoin. TRX price is likely to...

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Ethereum Price Analysis: ETH Primed For More Gains Above $195

Ethereum price started a steady rise above the $180 resistance area against the US Dollar.ETH price is showing positive signs and it could continue to rise above $195 and $200.There is a crucial bullish trend line forming with support near $182 on the 4-hours chart (data feed from Coinbase).The price is likely to climb sharply once it clears the $188 and $195 resistance levels in the near term.Ethereum price is trading in a bullish zone above $180 against the US Dollar. ETH price seems to be...

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