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Tag Archives: Altcoin News

UN Flags Increased USDT Stablecoin Use in Money Laundering across Asia

Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT. The United Nations (UN) has warned that Tether’s USDT stablecoin has become the preferred cryptocurrency for money laundering schemes and other illicit activities in Asia. The Financial Times reported Monday, citing a report published...

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Stellar Lumen (XLM) Price Could Take Hit Unless It Clears This Hurdle

Stellar lumen price is struggling to clear the $0.1265 resistance zone against the US Dollar. XLM price is now trading above $0.1185 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.1185 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1145 support zone in the near term. Stellar lumen price is trading below $0.1265 against the US Dollar, like Bitcoin. XLM price could...

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XRP Price Analysis: Bulls Face An Uphill Task

XRP price started a fresh decline from the $0.624 resistance against the US dollar. The price is now trading above $0.580 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.562 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.540 support zone. XRP price is struggling below $0.600 against the US Dollar, unlike Bitcoin. The price could decline...

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Bitcoin Cash Analysis: Bulls Aim For $300 or Higher

Bitcoin cash started a strong increase above the $245 and $250 levels against the US Dollar. The price is now trading above the $250 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $290 to continue higher in the near term. Bitcoin cash price is climbing above $260 against the US Dollar, like...

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EOS Price Analysis: Bulls Face Key Hurdle at $0.78

EOS price started a fresh decline after it failed to stay above $0.880 against the US Dollar. The price is now trading below $0.800 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.7620 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.7620 and $0.7800 resistance levels. EOS price is struggling below $0.800 against the US...

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Litecoin (LTC) Price Analysis: Bulls Aim Fresh Rally Above This Resistance

Litecoin is gaining pace above the $68.00 resistance against the US Dollar. LTC price is now trading above $68.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.00 and $72.00 resistance levels. Litecoin price is recovering from the $63.50 zone against the US Dollar, like...

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SOL Price Analysis: Solana Aims Fresh Rally To $120

Solana price started a fresh increase from the $85.00 zone against the US Dollar. The price is now trading near $100.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $92.90 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $102 and $105 to continue higher in the near term. Solana price is trading above $90 against the US Dollar, like Bitcoin. SOL could start a...

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Cardano (ADA) Price Analysis: Can Bulls Push It Above $0.58?

ADA price is attempting a fresh increase from the $0.4650 zone against the US Dollar. The price is now trading below $0.580 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.5150 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.5600 and $0.5800 levels. Cardano price is holding the $0.5150 support against the US Dollar, like Bitcoin. ADA price...

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Ethereum Price Analysis: ETH Targets Fresh High Above $2,500

Ethereum price is eyeing an upside break above the $2,350 resistance against the US Dollar. ETH price is now trading above $2,280 and the 55 simple moving average (4 hours). There was a break above a key bullish flag pattern with resistance near $2,250 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,250 support zone. Ethereum price is consolidating above the $2,300 level against the US Dollar. ETH/USD could rise...

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Stellar Lumen (XLM) Price Turns Red Below $0.12 and Might Extend Losses

Stellar lumen price is gaining pace below the $0.120 support zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $0.1180 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1115 support zone in the near term. Stellar lumen price is trading below $0.1200 against the US Dollar, like Bitcoin. XLM price could...

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