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Tag Archives: Altcoin News

Bitcoin Cash Analysis: BCH Tumbling, $200 Holds Key

Bitcoin cash price is declining and it recently broke the $238 support area against the US Dollar.The price is struggling to recover and it seems like it may even break the $215 support.There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair remains at a risk of more losses towards the main $200 support area.Bitcoin cash price is tumbling below $238 and $220 against the US Dollar. BCH/USD is likely to test...

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EOS Price Analysis: Sell On Rallies Towards $3.250

EOS price is back in a bearish zone below the $3.300 support area against the US Dollar.The price is currently trading above the $3.000 support area and struggling to correct higher.There is a key contracting triangle forming with resistance near $3.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides below the $3.000 support area.EOS price is facing an increase in selling against the US Dollar, similar to bitcoin. The price is...

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Litecoin (LTC) Price Analysis: Primed To Test $50 Before Higher

Litecoin price is facing an increase in selling interest below $60.00 against the US Dollar.LTC price is currently trading below the key $59.80 and $57.00 support levels.There is a crucial bearish trend line forming with resistance near $57.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to break the $54.00 support area and continue lower in the near term.Litecoin price is back in a downtrend against the US Dollar and bitcoin. LTC price remains at a...

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Why Is the Bitcoin Price Still Suffering?

Bitcoin’s gains are short lived, and the world’s number one cryptocurrency is now trading where it was during late September when Bakkt initially failed to make a solid impression on crypto traders.Bitcoin and Its Comrades Are SufferingAs it would seems, positive blockchain comments from Chinese president Xi Jinping and Bakkt ultimately picking up and attracting several bitcoin futures contracts trades weren’t enough to keep bitcoin where it was. The $9,000 proved difficult for the currency...

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Cardano (ADA) Price Analysis: Targets Fresh Lows Below $0.040

ADA price failed to break the $0.0460 resistance and declined recently against the US Dollar.The price is now trading below the $0.0425 support, with a bearish angle.There was a break below a key bullish trend line with support near $0.0424 on the 4-hours chart (data feed via Kraken).The price remains at a risk of more downsides below $0.0410 and $0.0400 in the near term.Cardano price is currently facing a fresh round of selling against the US Dollar and bitcoin. ADA price is likely to face a...

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Bit Spark Seeks to Provide Crypto to Developing Regions

Several crypto and blockchain companies out there are looking to ensure the unbanked garner the financial services they need. Sadly, many of these companies have died and no longer exist, though some, like Bit Spark, have managed to retain their positions in the digital finance space to ensure their goals come to life.Bit Spark Has Made a Real Name for ItselfBit Spark was created roughly five years ago. The company came to fruition through an initial coin offering (ICO) that garnered the...

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Tron (TRX) Price Analysis: Back In Downtrend, $0.0150 Holds Key

Tron price is declining and trading below the key $0.0184 support area against the US Dollar.TRX price is under a lot of pressure below the $0.0175 pivot level.There is a key bearish trend line forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The price remains at a risk of more downsides towards the main $0.0150 support area.TRON price started a fresh decline against the US Dollar and bitcoin. TRX price is now trading well below $0.0184 and it could continue...

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Ethereum Price Analysis: ETH Breakdown Looks Real

Ethereum price is trading with a bearish bias below the $180 support against the US Dollar.ETH price is now facing a lot of hurdles on the upside near $180 and $182.There is a major declining channel forming with resistance near $182 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of more losses below the $174 and $170 levels in the near term.Ethereum price is declining below key supports near $180 against the US Dollar. ETH price is likely to struggle near $182 if...

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Udi Wertheimer: TRON Will Soon Overpower Ethereum

Bitcoin developer Udi Wertheimer says that TRON is about overtake Ethereum as the number two cryptocurrency by market cap.Tron: Outdoing Ethereum?In a Twitter message, Wertheimer says that while the currency won’t necessarily outdo Ethereum in price, it will soon become a far more popular blockchain for companies or individuals looking to produce decentralized applications (dApps). He’s also confident this will all happen within a year.In a tweet, he explains:Watching Justin Sun TRON...

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Bitcoin Gold Is an Example of a “Good” BTC Fork

Alejandro Regojo is the man behind bitcoin gold, which is widely considered one of the more successful bitcoin forks.Bitcoin Gold: BTC’s “Good” Son?Such forks have happened in the past and can lead to somewhat mixed results. In the case of bitcoin cash (BCH), the currency is still doing quite well and is considered the fourth-largest cryptocurrency by market cap.Bitcoin SV (BSV), however, is an entirely different story. While it’s garnered a place in the industry’s top 20, the currency is...

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