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Tag Archives: Trading

Bitcoin Price Analysis: BTC Maintains Uptrend At $50K

Bitcoin price started a downside correction from the $50,450 zone against the US Dollar. The price is now trading above $46,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $49,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $48,500 support zone. Bitcoin price is correcting lower below $49,800 against the US Dollar. BTC might...

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Cardano (ADA) Price Analysis: Signs Suggest Rally To $0.65

ADA price is gaining pace above the $0.5350 zone against the US Dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.5680 and $0.600 resistance levels. Cardano price is rising above $0.540 against the US Dollar, like Bitcoin. ADA price could rally further if there is...

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Ethereum Price Analysis: ETH Surges As Bulls Aim For $2,800

Ethereum price is moving higher above the $2,500 resistance against the US Dollar. ETH price is now trading above $2,550 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,580 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,540 support zone. Ethereum price is rising above the $2,600 level against the US Dollar. ETH/USD could rise further if it clears the...

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Stellar Lumen (XLM) Price Recovery Faces Uphill Task At $0.1130

Stellar lumen price is attempting a recovery wave from the $0.1065 zone against the US Dollar. XLM price is now trading above $0.1100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.1080 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1130 resistance zone. Stellar lumen price is trading above $0.1100 against the US Dollar,...

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Ripple Price Analysis: Bulls Could Aim For More Upsides

Ripple price started a downside correction from the $0.5350 zone against the US dollar. The price is now trading above $0.5150 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5160 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.5150. Ripple price is consolidating near $0.5220 against the US Dollar, like Bitcoin. XRP...

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Bitcoin Cash Analysis: Fresh Rally Likely If Bulls Clear $250

Bitcoin cash is eyeing a fresh increase above the $250 resistance against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $240 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $250 and $258 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $240 against the US...

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EOS Price Analysis: Why EOS Could Rally 10% To $0.80

EOS price is eyeing a fresh increase from the $0.678 support against the US Dollar. The price is now trading above $0.700 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.700 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.730 and $0.736 resistance levels. EOS price is recovering above $0.700 against the US Dollar, like...

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Litecoin (LTC) Price Analysis: Bulls Aim Fresh Rally To $75

Litecoin is gaining pace above the $67.00 resistance against the US Dollar. LTC price is now trading above $68.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $69.00 and $70.00 resistance levels. Litecoin price is recovering from the $63.20 zone against the US Dollar, like Bitcoin....

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Solana (SOL) Price Analysis: Key Uptrend Support Intact At $92

Solana price started a downside correction from the $106 zone against the US Dollar. The price is now trading below $100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $97 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $92 and $89 support levels to start another increase. Solana price is trading above $92 against the US Dollar, like Bitcoin. SOL is...

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Bitcoin Price Analysis: BTC Consolidates Below Key Resistance

Bitcoin price started a downside correction from the $43,850 zone against the US Dollar. The price is now trading above $42,800 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $43,320 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $42,200 support zone. Bitcoin price is correcting lower below $43,500 against the US Dollar. BTC...

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