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Tag Archives: Trading

Ethereum Price Analysis: ETH Struggles Near $4K

Ethereum price started a fresh decline from well above $4,400 against the US Dollar. ETH price is now trading below $4,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4,250 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $4,250 resistance zone. Ethereum price is showing bearish signs below $4,250 against the US Dollar. ETH/USD could decline heavily if...

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Stellar Lumen (XLM) Price Turns Red, Risk of More Losses

Stellar lumen price started a fresh decline from the $0.4000 resistance against the US Dollar. XLM price is now trading just below $0.3500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3420 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.3200 support zone in the near term. Stellar lumen price is trading in a bearish zone below $0.3550 against the US...

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Ripple Price Analysis: Risk of Drop Below $1.00

Ripple price started a fresh decline from the $1.20 resistance against the US dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.06 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 $1.00. Ripple price is showing bearish signs below $1.06 against the US Dollar, unlike bitcoin. XRP...

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Bitcoin Cash Analysis: Bears Aim Additional Losses

Bitcoin cash price started a major decline below $650 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 key bearish trend line forming with resistance near $615 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating losses there are chances of more downsides below $540 in the near term. Bitcoin cash price is showing bearish signs below $600 against the US...

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EOS Price Analysis: Key Support Nearby At $4.10

EOS price started a downside correction from the $5.50 resistance against the US Dollar. The price is now trading below $4.50 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could move down further if there is a downside break below the $4.10 support. EOS price is showing bearish signs below $4.50 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bears Aim More Downsides

Litecoin price started a fresh decline from the $280 resistance against the US Dollar. LTC price is now trading below $250 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $255 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could extend losses if there is a break below the $220 support zone. Litecoin price is moving lower and trading below $240 against the US Dollar, similar to...

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Tron (TRX) Price Analysis: Bears In Action Below $0.11

Tron price started a major decline from well above $0.1200 against the US Dollar. TRX price is now trading below $0.1100 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.1100 on the 4-hours chart (data feed via Bitfinex). The pair could extend losses if it settles below the $0.1120 level in the near term. TRON price started a major drop below $0.1150 against the US Dollar, similar to bitcoin. TRX price is...

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Bitcoin Price Analysis: BTC Remains at Risk of Major Decline

Bitcoin price started a fresh decline from the $66,000 resistance against the US Dollar. The price is now trading below $62,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $62,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could accelerate lower if there is a break below the $58,500 support zone. Bitcoin price is gaining pace below $60,000 against the US Dollar. BTC might...

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.9

ADA price started a major decline from well above $2.20 against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2.00 on the 4-hours chart (data feed via Bitfinex). The price might extend its decline below the $1.92 support zone in the near term. Cardano price is gaining pace below $2.00 against the US Dollar, unlike bitcoin. ADA price must stay above...

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Ethereum Price Analysis: ETH Trims Gains, $4k Holds The Key

Ethereum price started a fresh decline from $4,800 against the US Dollar. ETH price is now trading below $4,500 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4,580 on the 4-hours chart (data feed from Coinbase). The pair could extend its decline towards the $4,100 and $4,000 levels. Ethereum price is showing bearish signs below $4,500 against the US Dollar. ETH/USD could extend losses below the $4,200...

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