Tron price started a fresh decline from well above the $0.1700 zone against the US Dollar. TRX price is now trading below the $0.1500 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.1420 on the 4-hours chart (data feed via Bitfinex). The pair could correct higher, but the bulls must gain strength above $0.1500 for more gains. TRON price is holding the $0.1200 support zone against the US Dollar,...
Read More »Dogecoin Has Been Putting Rivals Like BTC to Shame
Bitcoin and its primary rival Ethereum have been spiking like crazy, but in truth, their price jumps can barely hold a candle to those of Dogecoin. Dogecoin Is On the Rise The currency has been something of an enigma over the past few years and has also seen its fair share of controversy. What is it designed for and who should be using it? These are only some of the many questions that both analysts and traders are likely asking themselves, and it is quite clear that...
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.05
ADA price started a strong decline from well above the $1.350 level against the US Dollar. The price is now well below the $1.300 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $1.305 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.100 and $1.050 support levels. Cardano price is declining and trading well below $1.200 against the US Dollar, similar...
Read More »Ethereum Price Analysis: ETH Corrects Lower, $2,000 Holds The Key
Ethereum price started a fresh decline from well above $2,400 against the US Dollar. ETH price is currently trading well below $2,275 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $2,275 on the 4-hours chart (data feed from Coinbase). The pair is likely to find a strong buying interest near the $2,000 and $1,930 levels. Ethereum price is correcting gains below $2,300 against the US Dollar. ETH/USD could...
Read More »Ripple Price Analysis: Risk of More Losses Below $1.35
Ripple price surged towards the $2.0 level before correcting lower against the US dollar. The price is now trading below the $1.65 support and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $1.620 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend its losses below $1.350 as long as it is below the $1.650 zone. Ripple price is struggling to hold gains above $1.350 resistance...
Read More »Dogecoin Hits New High; Trades for $0.14
It looks like Coinbase’s good vibes for this week are not just rubbing off on BTC and mainstream forms of digital currency. Dogecoin – a joke token that uses the face of a cute little Shiba Inu dog as its mascot – has surged to a new all-time high and was trading for as much as 14 cents early Wednesday morning. Dogecoin Keeps Making Financial Waves This week was met with strong news surrounding the cryptocurrency space. The digital token industry just keeps growing like...
Read More »Kent Swig Is Introducing a New Gold-Backed Digital Coin
There is a new cryptocurrency being added to the mix. Known as DIGau, the currency will be tied to physical gold, meaning that it has the support of something many investors consider a set deal and a store of wealth, which qualifies it as a stable coin. The coin is coming our way through the efforts of a New York City real estate mogul named Kent Swig. Kent Swig Sees Cryptocurrency in a Whole New Light There are cryptocurrencies being added to the digital industry on a...
Read More »Tron (TRX) Price Analysis: Bulls Aim More Upsides Above $0.15
Tron price started a fresh rally from the $0.1000 support zone against the US Dollar. TRX price is now trading above the $0.1200 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.1365 on the 4-hours chart (data feed via Bitfinex). The pair is likely to resume higher unless there are more downsides towards the $0.1000 support. TRON price is trading in a positive zone above $0.1200 against the US Dollar,...
Read More »Cardano (ADA) Price Analysis: Surging Above $1.50, More Gains Possible
ADA price started a strong increase above the $1.350 and $1.400 resistance levels against the US Dollar. The price is now above the $1.400 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.2600 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.550 and $1.600 resistance levels. Cardano price is trading with a positive bias above $1.450 against the US Dollar,...
Read More »Ethereum Price Analysis: ETH Rallies Further, $2,500 Could Be Next
Ethereum price started a fresh increase above the $2,150 resistance against the US Dollar. ETH price is currently trading well above $2,200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2,220 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but there are high chances of more gains above $2,400 in the near term. Ethereum price is now gaining pace above $2,200 against the US...
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