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Tag Archives: Altcoin News

Tron (TRX) Price Analysis: Bulls Eye Upside Break above $0.09

Tron price is still struggling to clear the $0.0900 resistance zone against the US Dollar. TRX price is now trading above $0.0850 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher if it clears the $0.0900 and $0.0920 resistance levels. TRON price is slowly moving higher above $0.0850 against the US Dollar, similar to...

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Cardano (ADA) Price Analysis: Key Breakout Could Trigger Rally

ADA price started a fresh increase above the $2.50 resistance against the US Dollar. The price is now trading near $2.75 and the 55 simple moving average (4-hours). There is a key bullish flag pattern forming with resistance near $2.85 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase if it clears the $2.90 resistance zone in the near term. Cardano price is showing positive signs above $2.60 against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Holds Key Uptrend Support

Ethereum price is holding gains above the $3,150 support against the US Dollar. ETH price is now trading near $3,200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,150 and $3,140. Ethereum price is showing bearish signs below $3,250 against the US Dollar. ETH/USD must stay above the $3,150 support to...

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Benyamin Ahmed Makes a Lot of Dough Selling His NFTs

Benyamin Ahmed is a 12-year-old kid that recently discovered the world of non-fungible tokens (NFTs). He’s become so intrigued that he’s made a serious career choice before he’s even a teenager. Ahmed is now making NFTs and selling them online, and he’s gotten nearly $400,000 for doing so. Benyamin Ahmed Has Made NFTs His Life Ahmed is a typical kid in many ways. He goes to school like everyone else, and when he’s out for the day, he’s got a solid list of hobbies that...

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Stellar Lumen (XLM) Price Could Struggle To Continue Higher

Stellar lumen price failed to gain strength above $0.3800 against the US Dollar. XLM price is now trading below $0.3500 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.3590 on the 4-hours chart (data feed via Kraken). The pair is likely to continue lower as long as it is below the $0.3700 resistance. Stellar lumen price is slowly moving lower below $0.3500 against the US Dollar, similar to bitcoin. XLM...

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Ripple Price Analysis: Risk of a Larger Decline

Ripple price failed to settle above $1.30 and corrected lower against the US dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1.210 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down as long as it is below $1.200 and $1.205. Ripple price is holding gains above the $1.00 support against the US Dollar, similar...

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Bitcoin Cash Analysis: Risk of More Downsides Below $600

Bitcoin cash price started a fresh decline from the $700 resistance against the US Dollar. The price is now trading below the $650 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $650 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate lower if it breaks the $600 and $580 support levels. Bitcoin cash price is moving lower below $625 against the US Dollar,...

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EOS Price Analysis: Signs of a Key Breakdown Below $5.30

EOS price started a downside correction from the $5.95 resistance zone against the US Dollar. The price is now trading just below the $5.30 support and the 55 simple moving average (4-hours). There was a break below a crucial bullish trend line with support near $5.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower unless it recovers above the $5.30 resistance zone. EOS price is gaining pace below $5.30 against the...

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Litecoin (LTC) Price Analysis: $180 Presents Key Resistance

Litecoin price failed to clear the $190-$192 resistance zone against the US Dollar. LTC price is now trading below $180 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $182 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must stay above the $162 support to avoid more downsides in the near term. Litecoin price is correcting gains from $192 against the US Dollar, similar to...

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PayPal to Offer Cryptocurrency Support in the U.K.

PayPal has been big on crypto over the past year, but now the company is pushing its digital currency agenda even further. The company has put out a statement saying that several countries – including the United Kingdom – outside the U.S. will be able to buy, sell and trade digital assets through its platform. PayPal Is Bringing Crypto Trading to the U.K. The new service will allow these countries to invest in four major cryptocurrencies: bitcoin, bitcoin cash, Ethereum...

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