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Tag Archives: Altcoin News

Cardano (ADA) Price Hits 4-Month High as Network TVL Spikes Nearly 40%

Cardano is recording increased price and network activity and has sparked bullish predictions about the coin’s future. The price of Cardano (ADA) hit a new four-month high on Sunday, climbing to $0.348808. The surge is reportedly due to heavy activity from whale investors and decentralized finance (DeFi) in general. According to CoinMarketCap data, Cardano is now trading higher at $0.353 after rising more than 4% in the last 24 hours and nearly 18% over 7 days. The network is seeing a...

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Stellar Lumen (XLM) Price Surges 10%, Next Key Resistance At $0.15

Stellar lumen price is rising toward the $0.15 resistance zone against the US Dollar. XLM price is now trading above $0.125 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1235 on the 4-hour chart (data feed via Kraken). The pair could extend its increase if it clears the $0.1300 and $0.1320 resistance levels. Stellar lumen price is trading above $0.1250 against the US Dollar, like Bitcoin. XLM price must...

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XRP Price Analysis: Rally Could Extend Toward $0.75

XRP price is gaining pace above the $0.65 support against the US dollar. The price is now trading above $0.65 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.638 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could extend its increase above the $0.70 resistance zone. XRP price is rising above $0.65 against the US Dollar, like Bitcoin. The price must stay above $0.625 to...

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Bitcoin Cash Analysis: More Pain Ahead for The Bulls?

Bitcoin cash price started a fresh decline from the $270 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a fresh decline if it stays below the $250 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...

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EOS Price Analysis: Bulls In Control, Aim For $0.70

EOS price started a fresh increase above the $0.60 resistance against the US Dollar. The price is now trading above $0.612 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.6295 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.6600 and $0.6720 resistance levels. EOS price is rising above $0.6200 against the US Dollar, like Bitcoin. The...

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Litecoin (LTC) Price Analysis: Indicators Suggest Decent 10% Increase

Litecoin started a steady increase above $67.50 against the US Dollar. LTC price is now trading above $68 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.20 and $72.85 resistance levels. Litecoin price is recovering from the $67.00 zone against the US Dollar, like Bitcoin. LTC...

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TON Becomes World’s Fastest Blockchain

The rise of TON began gaining momentum in September, coinciding with the introduction of the TON wallet within the Telegram messenger platform. The Open Network (TON) has taken the blockchain world by storm as it became the world’s fastest blockchain. With a remarkable achievement in speed during recent public testing, the TON development team reported that in a 12-minute experiment, an astounding 42 million transactions were conducted, setting a new record of 104,715 Transactions Per...

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FTX and Alameda Research Moves $13.1M in Crypto to Other Exchanges

The new developments come after a court-mandated phased liquidation process, enabling FTX to sell digital assets worth a total of $3 billion on a weekly basis.  A flurry of activity in the crypto space last night grabbed the attention of industry watchers as the wallets associated with bankrupt crypto exchange FTX and its sister company Alameda Research transferred around $13.1 million in various digital assets to multiple exchanges overnight. Data from Spotonchain revealed that the...

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Solana (SOL) Price Analysis: Rally Could Extend To $40

Solana price started a strong increase above the $30.00 resistance against the US Dollar. The price is now trading above $35 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $35.75 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $38.00 and $38.80 to continue higher in the near term. Solana price is trading in a positive zone above $35 against the US Dollar, like...

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Cardano (ADA) Price Analysis: Bullish Break Looms Above $0.30

ADA price is gaining pace above the $0.280 zone against the US Dollar. The price is now trading above $0.290 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.2980 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.300 and $0.305 resistance levels. Cardano price is rising above $0.290 against the US Dollar, like Bitcoin. ADA price could rally if there is a...

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