Tron price started a fresh rally above the $0.1000 resistance zone against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1020 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1000. TRON price remained well bid above $0.1000 against the US Dollar, similar to bitcoin. TRX price...
Read More »Cardano (ADA) Price Analysis: Key Resistance Near $2.05
ADA price is struggling to clear the $2.00 and $2.05 resistance levels against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.06 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $1.90. Cardano price is struggling below the $2.05 resistance against the US Dollar, unlike bitcoin. ADA price must...
Read More »Ethereum Price Analysis: ETH Aims Fresh Rally
Ethereum price started a fresh increase above $4,200 against the US Dollar. ETH price is now trading above $4,200 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $4,350 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,350 resistance zone. Ethereum price is showing positive signs above $4,200 against the US Dollar. ETH/USD could gain pace above the $4,350...
Read More »Elon Musk Affirms His Position On Doge: It’s the “People’s Crypto”
Elon Musk – the South African billionaire and head of companies like Tesla and SpaceX – is reaffirming his love for Dogecoin and is pushing the asset above all others. Elon Musk Is Big on Doge In recent days, Shiba Inu coin – a growing altcoin and a popular spinoff of Doge – has experienced a massive surge in price. Many are going nuts for Shiba Inu to the point that there is now a petition going between investors and trading platform Robinhood to get the asset added to...
Read More »Stellar Lumen (XLM) Price Could Dive If It Breaks $0.35
Stellar lumen price started a steady increase above $0.3500 against the US Dollar. XLM price is now trading just below $0.3650 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.3650 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.3500 support zone in the near term. Stellar lumen price is trading just above $0.3500 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Risk of Drop Below $1.05
Ripple price started a fresh decline from the $1.15 resistance against the US dollar. The price is now trading below $1.08 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.070 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear break below $1.05. Ripple price is showing bearish signs below $1.10 against the US Dollar, unlike bitcoin. XRP...
Read More »Ariva World Is Developing a New Cryptocurrency Aimed at Travelers
Ariva World – a company that connects travelers with tourism service firms – is launching its very own digital currency. Ariva World Is Issuing a Cryptocurrency for Travelers The company has issued a statement claiming that the old ways of traveling and moving across the globe are no longer working, and executives are seeking a way to ensure customers get the most effective system out there when booking their trips. This new cryptocurrency will reward travelers and is...
Read More »Bitcoin Cash Analysis: Breakout Zone At $600
Bitcoin cash price started a fresh increase above the $565 zone against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $610 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a sustained move higher towards $650. Bitcoin cash price is showing positive signs above $580 against the US Dollar, similar...
Read More »EOS Price Analysis: Why $4 Holds The Key
EOS price started a fresh decline from well above $4.80 against the US Dollar. The price is now trading below $4.50 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate lower if there is a close below $4.00 and $3.85. EOS price is showing bearish signs below $4.50 against the US Dollar, similar to bitcoin. The...
Read More »Litecoin (LTC) Price Analysis: Risk of More Downsides Below $172
Litecoin price started a fresh decline from well above $200 against the US Dollar. LTC price is now trading below $200 and the 55 simple moving average (4-hours). There was a break below a crucial contracting triangle with support near $192 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to decline unless there is a clear break above the $192 resistance. Litecoin price is moving lower and trading below $200 against the US...
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