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Tag Archives: Altcoin News

Stellar Spikes – Then Falls Again Minutes Later

If you thought bitcoin wasn’t doing well as of late, just look at some of its main competitors, specifically Stellar. The currency has fallen greatly since it peaked in early 2018, but then jumped back up during today’s early morning hours – only to drop back down a few moments later.Stellar Is Flailing at Press TimeIt’s another classic case of a cryptocurrency that doesn’t seem to know what it wants to do. Bitcoin enthusiasts have been seeing this quite a bit over the past few months....

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Altcoin Season Is About to Return – Here’s Why

Alternative coins or altcoins have been slowly bleeding over the last two years. This is especially true for altcoins in their bitcoin (BTC) pairs. Many are down by over 90% from their all-time highs. Some mid-cap coins have even breached their historical support levels and are printing fresh lows on an almost daily basis. The drop was so deep that some retail traders had to cut their losses after months of HODLing. OrangeDog Tweet. | Source: TwitterFor experienced traders,...

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Cardano (ADA) Price Analysis: Upsurge Could Continue Above $0.0530

ADA price started a strong rise from the $0.0450 support area against the US Dollar.The price is currently gaining momentum above $0.0500 and it could continue to rise in the near term.There is a strong support forming near $0.0475 and a bullish trend line on the 4-hours chart (data feed via Kraken).The price is likely to rally sharply if it breaks the $0.0525 and $0.0530 resistance levels.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. ADA price could continue to...

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Tron (TRX) Price Analysis: Bulls Eyeing Recovery Above $0.0165

Tron price is currently recovering and is trading above the $0.0150 resistance against the US Dollar.TRX price is facing a few key hurdles near the $0.0162 and $0.0165 levels.There was a break above a crucial bearish trend line with resistance near $0.0156 on the 4-hours chart (data feed via Bitfinex).The price is likely to gain bullish momentum once it surpasses the $0.0162 and $0.0165 resistance levels.TRON price is showing positive signs against the US Dollar and bitcoin. TRX price could...

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Ethereum Price Analysis: ETH Upsurge Could Extend Above $200

Ethereum price started a strong upward move and broke the $185 resistance against the US Dollar.ETH price is trading near the $200 level and it might continue to rise in the near term.There was a break above a crucial bearish trend line with resistance near $175 on the 4-hours chart (data feed from Coinbase).The price is showing positive signs and it could even break the $200 and $202 resistance levels.Ethereum price is trading with a positive bias above $190 against the US Dollar. ETH price...

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Ethereum Price Has Been Booming Since Friday

At press time, Ethereum – the second-largest cryptocurrency by market cap and the number one competitor to bitcoin – has been exploding in price and is expected to shoot past $200 within the next few days.Ethereum Is Growing SuddenlyEthereum has been experiencing great difficulty as of late and is entering “bitcoin status” in that it is now an “old” coin when compared to competitors like EOS and TRON. Even that is something of an understatement considering BTC has experienced solid growth...

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New Phone Comes Equipped with Bitcoin Cash Wallet

A new blockchain phone is being released by HTC and Bitcoin.com. What’s special about it? It has a bitcoin cash (BCH) wallet built into it to potentially inspire its customers to get into cryptocurrency usage and trade options. Bitcoin Cash Is Taking OverThe fact that it has a bitcoin cash wallet and not one designed for its parent currency bitcoin makes more sense than one might think. Roger Ver, who owns Bitcoin.com, recently did a 360 when it came to cryptocurrency and, despite several...

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Stellar Lumen (XLM) Price Could Start Decent Recovery Above $0.0600

Stellar lumen price declined steadily after it broke the $0.0625 support against the US Dollar.XLM price tested the $0.0575 zone and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0590 on the 4-hours chart (data feed via Kraken).The pair could start a decent recovery if it breaks the $0.0590 and $0.0600 resistance levels.Stellar lumen price is in a bearish zone below $0.0600 against the US Dollar. XLM price might correct higher in the...

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Ripple Price Analysis: XRP Could Surge If It Breaks $0.2650

Ripple price is facing a strong resistance near the $0.2650 level against the US dollar.The price is currently consolidating and is trading above the $0.2580 support area.There was a break above a crucial bearish trend line with resistance near $0.2585 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could sharply climb higher if there is a daily close above the key $0.2650 resistance area.Ripple price is trading in a broad range below $0.2650 against the US...

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Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services

Venezuelan President Nicolas Maduro is pushing for Petro adoption, but locals are buying bitcoin in record amounts. | Image: Shutterstock The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. According to Decrypt, Bank of...

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