Tag Archives: Altcoin News

Bitcoin cash price started a fresh decline below the $230 zone against the US Dollar. The price is now trading below the $225 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $214 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 $225 resistance zone. Bitcoin cash price is struggling below the $230 zone against the US Dollar,...

EOS price started a fresh decline below the $0.558 zone against the US Dollar. The price is now trading below $0.550 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5450 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 $0.545 and $0.550 resistance levels. EOS price is struggling below $0.550 against the US Dollar, like Bitcoin....

Litecoin is showing bearish signs and trading below $65 against the US Dollar. LTC price is now trading below $63.50 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $63.40 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $65 resistance zone. Litecoin price is struggling below $65 against the US Dollar, like Bitcoin. LTC price could...

Solana price started a decent increase above the $22.00 resistance against the US Dollar. The price is now trading below $23.50 and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $23.40 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $21.50 and $20.40 support levels to start another increase. Solana price is trading above the $20 support against the US Dollar,...

ADA price is trading in a bearish zone below the $0.258 support zone against the US Dollar. The price is now trading below $0.255 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.2560 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.258 resistance zone. Cardano price is struggling below $0.258 against the US Dollar, like Bitcoin. ADA price...

Ethereum price is struggling below the $1,640 resistance against the US Dollar. ETH price is now trading below $1,620 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,600 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,600 and $1,620. Ethereum price is declining below $1,620 against the US Dollar. ETH/USD remains at a risk of more downsides if it...

The firm believes the approval of a spot Bitcoin ETF in the United States will trigger an influx of over $30 billion in subsequent months. The mainstream adoption of Bitcoin (BTC) by institutional investors has put the gold market on notice with a possible decoupling in the coming few years. According to a report by Matrixport, Bitcoin is about to challenge gold as a store of value due to the simple fact that the former has outperformed the latter in the past years. Additionally, the...

Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...

Stellar lumen price is gaining pace below the $0.115 resistance zone against the US Dollar. XLM price is now trading below $0.1135 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.1132 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1150 resistance. Stellar lumen price is trading below $0.1150 against the US Dollar, like Bitcoin. XLM price could...

XRP price started a downside correction below the $0.532 zone against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5150 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.535 resistance. XRP price is consolidating near $0.520 against the US Dollar, like Bitcoin. It must stay above the...