Thursday, August 6Your Daily Bitcoin & Altcoin News Portal

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Stellar (XLM) is About to See “Liftoff” if It’s Able to Hold One Crucial Level

Stellar (XLM) is About to See “Liftoff” if It’s Able to Hold One Crucial Level

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Please share if you find this article interesting. Stellar (XLM) is About to See “Liftoff” if It’s Able to Hold One Crucial Level Stellar (XLM) is trading in a bullish zone above the $0.1000 support zone against the US Dollar. XLM price is likely to accelerate towards $0.1200 or even higher if it stays above the $0.1000 support. There was a sharp downward move from the $0.1168 monthly high against the US dollar. The price found support near the $0.0980 zone and it is currently trading with a bullish angle. There is a major bullish trend line forming with support at $0.1040 on the 4-hours chart of the XLM/USD pair (data source from Coinbase). The pair is likely to continue higher towards $0.1150 and $0.1200 as long as it is above $0.1000. Stellar (XLM) is Holding Uptrend This past
Ripple (XRP) Struggling Near $0.30: Can Bulls Save the Day?

Ripple (XRP) Struggling Near $0.30: Can Bulls Save the Day?

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Please share if you find this article interesting. Ripple (XRP) Struggling Near $0.30: Can Bulls Save the Day? Ripple is trading with a minor bearish angle below $0.3020 against the US Dollar. XRP price must stay above $0.2850 to start a fresh increase in the near term. Ripple is declining steadily and it even broke the $0.3000 support zone against the US dollar. The price is currently testing the $0.2980 support zone and the 100 hourly SMA. There is a major bullish trend line forming with support near $0.2840 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could struggle to bounce back in the near term if there is a break below the $0.2850 zone. Ripple Price Testing Key Support After another rejection above $0.3120, ripple started a steady decline. XR...
Bitcoin Topside Bias Vulnerable Unless It Surges Past 100 SMA

Bitcoin Topside Bias Vulnerable Unless It Surges Past 100 SMA

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Please share if you find this article interesting. Bitcoin Topside Bias Vulnerable Unless It Surges Past 100 SMA Bitcoin is struggling to gain bullish momentum above $11,300 against the US Dollar. BTC could extend its decline unless it surges past the 100 hourly SMA. Bitcoin is facing a strong resistance near the $11,300 and $11,400 levels. The price is now trading well below the $11,400 level and the 100 hourly simple moving average. There is a short-term declining channel forming with resistance near $11,230 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to remain well bid near the $11,000 and $10,840 levels in the near term. Bitcoin Price is Facing Hurdles In the past few sessions, bitcoin price struggled to gain bullish momentum above the ...
This Pattern Suggests Tezos (XTZ) is Now Gearing Up for an Explosive Move Higher

This Pattern Suggests Tezos (XTZ) is Now Gearing Up for an Explosive Move Higher

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Please share if you find this article interesting. This Pattern Suggests Tezos (XTZ) is Now Gearing Up for an Explosive Move Higher Tezos (XTZ) has been posting strong price action throughout the past several days, bucking the market-wide consolidation trend as its price stabilizes above $3.00 After facing some turbulence this past weekend alongside the rest of the market, the cryptocurrency has been slowly grinding higher, surging from lows of $2.80 that were set on Saturday to highs of $3.30 earlier today. It did face some resistance at these highs, however, as it faced a slight rejection here that has sparked a short-term consolidation trend. 14 BTC & 95,000 Free Spins for every player, only in mBitcasino’s Exotic Crypto Paradise! Play Now! This strength comes as the cryptocur
After Setting New Highs, Analysts Now Expect Chainlink to Rally to $11.50

After Setting New Highs, Analysts Now Expect Chainlink to Rally to $11.50

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Please share if you find this article interesting. After Setting New Highs, Analysts Now Expect Chainlink to Rally to $11.50 It’s the best-kept secret within the crypto markets that Chainlink (LINK) has been one of the best performing digital assets throughout 2019 and 2020. It has posted intense gains that have far outpaced those seen by Bitcoin and virtually every other digital asset. This strength is unwavering as well, with LINK rallying to fresh all-time highs earlier today as its buyers aim at sending it past $10.00. 14 BTC & 95,000 Free Spins for every player, only in mBitcasino’s Exotic Crypto Paradise! Play Now! Analysts don’t expect the cryptocurrency’s uptrend to end anytime soon either, as one technical pattern now suggests that it could be poised to surge up towards
Bitcoin Is Bullish, But A Breakout Won’t Arrive Until 2021: Here’s Why

Bitcoin Is Bullish, But A Breakout Won’t Arrive Until 2021: Here’s Why

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Please share if you find this article interesting. Bitcoin Is Bullish, But A Breakout Won’t Arrive Until 2021: Here’s Why After months of consolidation, Bitcoin broke free from a tight, boring trading range and continued the uptrend that began in early April. Despite the cryptocurrency turning from bearish to bullish, a full break out into a new bull market won’t arrive until 2021. Here’s what past Bitcoin cycle data predicts for when the asset may retest its former all-time high, and embark on a new bull run. Bitcoin Turns Bullish After Break Above $10,000, But Bull Market Isn’t Ready Yet The leading cryptocurrency by market cap last week followed gold’s incredible rally and broke through resistance at $10,000. A fall in the struggling dollar further added to any gains in hard a

Technicals Suggest VeChain (VET)’s Momentum Isn’t Slowing Despite Recent Rally

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Please share if you find this article interesting. Technicals Suggest VeChain (VET)’s Momentum Isn’t Slowing Despite Recent Rally VeChain has enjoyed an impressive bull rally thus far this year, despite the chaos caused by the ongoing pandemic. The VeChainThor technology continues to expand to a wide range of industries, providing solutions to real-world problems. For this reason, investors are seemingly giving VET their vote of confidence. This market behavior has been reflected in the price of this altcoin, which is up 1,100% since March’s Black Thursday. Now, a particular chart pattern suggests that the blockchain-based supply chain management token is poised to advance further. 14 BTC & 95,000 Free Spins for every player, only in mBitcasino’s Exotic Crypto Paradise! Play Now!
A Visit to This Crucial Support Region Could Start Bitcoin’s Next “Moon Mission”

A Visit to This Crucial Support Region Could Start Bitcoin’s Next “Moon Mission”

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Please share if you find this article interesting. A Visit to This Crucial Support Region Could Start Bitcoin’s Next “Moon Mission” Bitcoin has faced some turbulence throughout the past couple of days. Following the benchmark cryptocurrency’s firm rejection at $12,000 this past weekend, it has largely been consolidating within the lower-$11,000 region. Yesterday, however, bulls attempted to spark a fresh leg higher. They sent BTC to highs of $11,500 before losing their momentum. From here, it retraced back to its $11,000 support level. 14 BTC & 95,000 Free Spins for every player, only in mBitcasino’s Exotic Crypto Paradise! Play Now! This recent price action has resulted in the formation of a bearish “head and shoulders” pattern that can be seen while looking towards the cryptocu
Tezos Analysts Eye Quarter-High Levels after Strong XTZ Buyout

Tezos Analysts Eye Quarter-High Levels after Strong XTZ Buyout

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Please share if you find this article interesting. Tezos Analysts Eye Quarter-High Levels after Strong XTZ Buyout XTZ, the native token of Tezos – a multi-purpose blockchain, is looking to establish its quarter-to-date high, according to multiple analysts. Michaël van de Poppe, Jonathan Habicht, Karoush AK, amongst others see XTZ logging a bull run in the coming sessions. The analogy appears after XTZ/USD held strong support near $2.73 on multiple occasions. A non-collective group of Tezos analysts sees the blockchain’s native token, XTZ, hitting a quarterly high in the coming sessions. They include Michaël van de Poppe, Jonathan Habicht, Karoush AK, and others. While Mr. Poppe expected to see XTZ/USD at around $3.6, Mr. AK trusted the pair to mirror the moves of Chainlink’s LINK
Bitcoin Support at $10.5K Could Push Price Towards 2019 High: Analyst

Bitcoin Support at $10.5K Could Push Price Towards 2019 High: Analyst

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Please share if you find this article interesting. Bitcoin Support at $10.5K Could Push Price Towards 2019 High: Analyst Bitcoin price hit a year-to-date high at $12,134, notching a new milestone in a bull run that started in March 2020. The benchmark cryptocurrency, nevertheless, underwent a “flash crash” minutes after topping out. Its price fell towards $10,500, a support level that earlier served as resistance during the Bitcoin’s uptrend. Analysts at TradingShot.com now expects the price to bounce back towards $12,000 to retest 2019 high. Bitcoin price could hit the 2019 peak level moving forward, according to analysts at TradingShot.com. Bitcoin’s $10,500-Support The trading signals provider stated in its latest analysis that BTC/USD would move towards $14,000 as long as it