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Tag Archives: Trading

Stellar Lumen (XLM) Price Remains At Risk of More Losses

Stellar lumen price started a fresh decline from the $0.3100 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.2720 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2850. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar,...

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Ripple Price Analysis: Recovery Faces Resistance Near $0.88

Ripple price started a fresh decline from the $0.95 resistance against the US dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.8750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is no recovery wave above $0.8880. Ripple price is showing bearish signs below $0.92 against the US Dollar, unlike...

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Bitcoin Cash Analysis: Bulls Could Fail Near $500

Bitcoin cash price started a fresh decline from $585 against the US Dollar. The price is now trading below the $500 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $500 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $500 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $500 against the US Dollar, similar to bitcoin....

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Litecoin (LTC) Price Analysis: Risk of Fresh Decline Below $150

Litecoin price is facing resistance near the $180 zone against the US Dollar. LTC price is now trading below $180 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $180 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline if it fails to stay above the $150 support. Litecoin price is consolidating below $180 against the US Dollar, similar to bitcoin. LTC price...

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EOS Price Analysis: Bulls Face Resistance Near $3.8

EOS price started a fresh decline from the $4.20 resistance against the US Dollar. The price is now trading below $3.80 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it trades below the $3.30 support zone. EOS price is showing bearish signs below $4.00 against the US Dollar, similar to bitcoin....

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Tron (TRX) Price Analysis: Bulls Face Uphill Task Near $0.1

Tron price started a recovery wave above $0.0880 against the US Dollar. TRX price is now trading below $0.1000 and near the 55 simple moving average (4-hours). There was a break above a short-term declining channel with resistance near $0.0845 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1000 resistance. TRON price started a recovery wave from $0.0720 against the US Dollar, similar to bitcoin....

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Bitcoin Price Analysis: BTC Recovery Could Face Soon

Bitcoin price started a fresh decline from the $59,000 resistance against the US Dollar. The price is now trading below $52,000 and the 55 simple moving average (4-hours). There is a major bearish trend line with resistance near $52,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could resume decline if it fails to clear the $52,000 resistance zone. Bitcoin price is struggling below $52,000 against the US Dollar. BTC might decline heavily...

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Ethereum Price Analysis: ETH Could Rally If It Clears $4,500

Ethereum price started a fresh increase from the $3,650 support against the US Dollar. ETH price is now trading above $4,200 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4,400 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,400 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could start a major...

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Cardano (ADA) Price Analysis: $1.5 Holds The Key For More Gains

ADA price started a recovery wave above the $1.30 and $1.40 resistance levels against the US Dollar. The price is still trading below $1.50 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $1.35 on the 4-hours chart (data feed via Bitfinex). The price might extend gains if it manages to clear the $1.50 resistance zone. Cardano price is struggling below the $1.50 resistance against the US Dollar, unlike...

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Stellar Lumen (XLM) Price Faces Uphill Task Near $0.30

Stellar lumen price started a fresh decline from the $0.3600 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2900 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3000. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar, similar to...

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