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Tag Archives: Altcoin News

Stellar Lumen (XLM) Price Could Dive Before Fresh Increase

Stellar lumen price is struggling to climb above the $0.0565 and $0.0580 resistances against the US Dollar.XLM price is currently trading in a range above the main $0.0535 support area.There is a major bearish trend line forming with resistance near $0.0562 on the 4-hours chart (data feed via Kraken).The pair could dive towards $0.0520 before it starts a fresh increase towards $0.0620 and $0.0650.Stellar lumen price is showing bearish signs against the US Dollar and bitcoin. XLM price must...

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Ripple Price Analysis: XRP Approaching Next Significant Break

Ripple price is rising and it is trading near the $0.2315 resistance area against the US dollar.The price is likely to surge if it breaks the $0.2315 and $0.2325 resistance levels.There is a major breakout pattern forming with support near $0.2270 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below $0.2270 and $0.2250 might negate the possibility of an upside break.Ripple price is approaching the next key break against the US Dollar. XRP price could...

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BNB Is Making BTC Look Rather Small, Says New Report

According to a new report, BNB – the official cryptocurrency of digital exchange Binance – is outperforming bitcoin as of late.BNB – The Industry’s Strongest Coin?Bitcoin has been on something of a weak roll over the past few months. Things ultimately took a nasty turn for the currency in late September when Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – opened its doors to rather lackluster reception. Following 12 months of hype...

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Reality Star Chris Bukowski Things BTC Is Ready to Surge

Star of “Bachelor in Paradise” Chris Bukowski believes that the price of bitcoin is on the verge of rising.Bukowski Things the World of BitcoinAside from being a hit reality star, Bukowski is very big on crypto, and seems to think that the future of finance will largely be digital. The entrepreneur first got into digital assets in the year 2016, when he says bitcoin was trading for around $450. He had been working a few gigs here and there where people paid him in bitcoin.Not really knowing...

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Major Drug and Crypto Bust Occurs in Australia

In Australia, law enforcement officials have uncovered $1 million in cryptocurrency thanks to an alleged drug bust.Australia; The Home of Crypto Crime?The drugs were hidden inside a child’s toy being sent to a region called Perth. The paraphernalia confiscated by the police included nearly 28 grams in illegal MDMA tablets along with MDMA powder. The package was allegedly sent from somewhere in the United Kingdom.Police officials examined the address the package was destined for. They then...

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Bitcoin Cash Analysis: BCH Reaching Crucial Juncture

Bitcoin cash price is facing a strong resistance near the $212 area against the US Dollar.The price is showing a few positive signs above the $202 and $192 support levels.There is a crucial bearish trend line forming with resistance near $212 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a strong rise if it breaks the $212 and $215 resistance levels.Bitcoin cash price is likely approaching the next key break against the US Dollar. BCH/USD must surpass...

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Ripple Boosts MoneyGram Investments; Plans to Bring in More Banks

Ripple appears to be undergoing a lot of changes, and by changes we mean extreme growth.Ripple: Growth Is on the HorizonFirst off, the boss of Ripple – Brad Garlinghouse – has expressed an interest in bringing more banks into the Ripple family. At a recent SWELL event, the head executive of the world’s third-largest cryptocurrency by market cap spewed out several angry words towards SWIFT, and international payment and remittance service, and called it a “one-way messaging system.”He...

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Bakkt CEO Kelly Loeffler to Briefly Serve in Congress

Kelly Loeffler – the CEO of Bakkt, the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – has been hired to take over a temporarily vacant Senate seat.Can Kelly Loeffler Push Crypto in Government?Many see this maneuver as a positive step and believe that perhaps crypto will now have a friend in the U.S. Congress. Bakkt was first announced in late 2018, but it took nearly a full year for the platform to get off the ground. After several months of...

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EOS Price Analysis: Bulls Facing Uphill Task

EOS price is struggling to continue above the $2.750 and $2.820 resistances against the US Dollar.There is a decent support forming near the $2.500 and $2.535 support levels.There are two major bearish trend lines in place with resistance near $2.750 and $2.820 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could only start a strong upward move once it settles above the $2.850 level.EOS price is facing a lot of hurdles for a bullish wave against the US Dollar and...

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Litecoin (LTC) Price Analysis: Risk of Additional Losses

Litecoin price is declining and trading well below the $50.00 level against the US Dollar.LTC price is struggling to recover above the $46.50 and $47.20 resistance levels.There is a major declining channel forming with resistance near $46.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline below the $44.00 and $42.00 levels in the near term.Litecoin price is trading in a major downtrend against the US Dollar and bitcoin. LTC price...

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