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Tag Archives: Altcoin News

Bitcoin Falls Back While Stocks and Altcoins Surge Ahead

Today is something of a mixed day for cryptocurrencies. Bitcoin – the world’s leading cryptocurrency by market cap – has ultimately taken a few steps back and is now trading in the $9,100 range, when just yesterday it was circling around $9,200.Bitcoin Is Falling Back While Stocks Move UpPrior, it was trading at an even $9,400, so it appears some of the bullish marks that have been hitting the currency as of late are beginning to take a rest.Bitcoin was potentially on a path to shutter past...

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Cardano (ADA) Price Analysis: Rally Could Gather Momentum Above $0.060

ADA price is trading in a positive zone above the $0.0550 resistance area against the US Dollar.The price is likely to surpass the $0.0600 resistance area in the near term.There are two key bullish trend lines forming with support near $0.0550 and $0.0535 on the 4-hours chart (data feed via Kraken).The price remains well supported on dips towards $0.0520 if it corrects lower in the near term.Cardano price is showing a lot of positive signs above $0.0550 against the US Dollar, similar to...

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Tron (TRX) Price Analysis: Bulls In Control Above $0.0180

Tron price followed a decent bullish path and climbed above the $0.0180 resistance against the US Dollar.TRX price tested the $0.0200 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0189 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to remain in action as long as the price is above the $0.0180 support.TRON price is following a strong uptrend against the US Dollar, similar to bitcoin. TRX price remains...

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Ethereum Price Analysis: ETH Approaching Key Uptrend Support

Ethereum price climbed higher nicely and traded to a new 2020 high at $195 against the US Dollar.ETH price is currently correcting lower and it broke the $190 support level.There is a major bullish trend line forming with support near $185 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after testing the $185 support area and the trend line.Ethereum price is trading in a nice uptrend above $185 and $178 against the US Dollar. ETH/USD is likely to resume its...

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Stellar Lumen (XLM) Price Rally Could Gain Momentum Above $0.066

Stellar lumen price is rising steadily and it is trading nicely above $0.0620 against the US Dollar.XLM price is currently facing a short term resistance near $0.0660.There is a major ascending channel forming with support near $0.0625 on the 4-hours chart (data feed via Kraken).The pair could rally significantly once there is a clear break above the $0.0660 resistance area.Stellar lumen price is trading in an uptrend against the US Dollar, similar to bitcoin. XLM is likely to continue higher...

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Ripple Price Analysis: XRP Primed For More Upsides Above $0.26

Ripple price is trading nicely in an uptrend above the $0.2425 support area against the US dollar.The price seems to be eyeing a fresh increase above the $0.2600 and $0.2650 levels.There is a major bullish trend line forming with support near $0.2400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to grind higher towards $0.2800 once it gains strength above $0.2600.Ripple price is climbing steadily above $0.2500 against the US Dollar. XRP price remains...

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Bitcoin Is Doing Well, but Will the Bears Soon Take Over?

Bitcoin has been doing quite well as of late. Over the past month, it has entered and stayed within bearish territory, and it’s currently trading for approximately $9,300.Bitcoin May Be Heading Back Down SoonYet, not everyone is convinced that everything is going to stay pleasant and positive. Many are worried that the currency is about to strike an anvil, and the bears are about to take over for good.Analysts are suggesting that bitcoin is above the “upper-band limit of the GTI Vera Band...

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The Bitcoin Cash Mining Tax Has A Lot of People Angry

Bitcoin cash (BCH) is undergoing a period of hardcore controversy.Bitcoin Cash Is At the Center of Major ChangeBitcoin cash is the famed result of a bitcoin hard fork that occurred in late 2017. Bitcoin (BTC) is the number one cryptocurrency by market cap and has given birth to a few digital kids along the way. BCH is among the first, and the currency has moved through the ranks to garner the number four spot on the list of industry’s top-performing cryptocurrencies.During its peak, the asset...

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Bitcoin Cash Analysis: Geared Up For More Upsides Above $400

Bitcoin cash price is showing a lot of positive signs above the $360 and $350 supports against the US Dollar.The price is currently trading just below the key $400 and $405 resistance levels.There is a rising channel forming with support near $378 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start another surge once it clears the $400 resistance area.Bitcoin cash price is trading in a bullish zone above $360 against the US Dollar. BCH/USD is likely to...

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EOS Price Analysis: Bulls Are Not Done Yet, $5.0 Next?

EOS price gained pace and traded above the $3.880 and $4.000 resistance levels against the US Dollar.The price traded as high as $4.148 and recently corrected lower.There is a key bullish flag forming with resistance near $4.075 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to resume its upward move once it clears the $4.10 and $4.150 resistance levels.EOS price is trading in a nice uptrend above the $3.850 support against the US Dollar, similar to...

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