Breaking News
Coin Market Cap
 

Stellar (XLM) Remains Strong, Eyes Further Gains Before The Next Decline

Stellar (XLM) is holding strong above the 61.8% Fib retracement level. This level used that used to be a resistance has now turned into a strong support. The 4H chart for XLM/USD shows that the price has enough room to rally from here in the days ahead. Stellar (XLM) has seen the momentum shift in its favor after the recent Coinbase listing. It was well deserved for a cryptocurrency like Stellar (XLM) which is in many ways a superior technology to Ripple (XRP), the third largest coin by market cap. Stellar (XLM)’s alliance with IBM has enabled it to gain...

Read More

Why Bitcoin Going Over $4k Is A Good Sign For Crypto

When it started, Bitcoin was just an idea but ten years on, the cryptocurrency is leading an industry and is on the verge of taking over the world. A lot of this was down to the BTC take over in 2017 when the biggest cryptocurrency reached its high of $20,000. Of course, the price has since sunk down now but there has been no change to its underlying value. In fact, I would say that it’s safe to say that Bitcoin isn’t just only the most popular digital currency but is also a legitimate financial asset. This isn’t the case...

Read More

Ethereum Classic (ETC) Runs Into Trend Line Resistance, Sharp Decline Expected

Ethereum Classic (ETC) is once again on the verge of a sharp decline as the price has run into a major trend line resistance and already faced a strong rejection. This means that ETC/USD can be expected to decline to the 50 day moving average in the days ahead. The Stochastic RSI favors a move to the downside as well. We have seen ETC/USD perform better compared to most altcoins during the past few weeks. The price has still not tested the 38.2% Fib extension level for the second time but it is likely to decline without doing that. For...

Read More

Litecoin (LTC) Unlikely To Break Past $65 As Price Runs Into Trend Line Resistance

Litecoin (LTC) has been on a roll for the past few weeks and it has now broken past the 61.8% Fibonacci retracement level and is eyeing the 1.272% Fib level to finish this rally. We saw LTC/USD run into the top of the ascending channel soon after it broke past the 61.8% Fib level but it did not decline sharply. Instead, the price started to rise again after a minor pullback and ran into the trend line resistance once again. The price is expected to do the same once more after a small retracement short term. This next rally would...

Read More

Why Ripple (XRP) Is The Best Hedge Against Bitcoin (BTC)

Ripple (XRP) is the best hedge against Bitcoin (BTC) at the moment and this is not the first time this has happened. We have seen Ripple (XRP) rise in the past when Bitcoin (BTC) and the rest of the cryptocurrency market have been on a decline. The reason this has been happening at times is because Ripple (XRP) is out of sync with the rest of the market at times. The exact same thing has happened once again. If we look at the weekly chart for XRP/BTC, we can see that the price is trading inside a major bullish pennant...

Read More