EOS price started a fresh decline from the $5.00 resistance against the US Dollar. The price is now trading below $4.40 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a major increase if there is a clear break above the $4.30 resistance. EOS price is showing bearish signs below $4.30 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Key Hurdle Nearby At $240
Litecoin price extended its decline below the $232 support against the US Dollar. LTC price is now trading below $232 and the 55 simple moving average (4-hours). There is a major bearish trend line is forming with resistance near $235 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could face a strong selling interest near the $235 and $240 levels in the near term. Litecoin price is consolidating above $200 against the US Dollar, similar to...
Read More »Tron (TRX) Price Analysis: Risk of More Losses Below $0.098
Tron price started a major decline from well above $0.1100 against the US Dollar. TRX price is now trading below $0.1050 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.1040 on the 4-hours chart (data feed via Bitfinex). The pair could extend losses if it settles below the $0.1000 level in the near term. TRON price started a major drop below $0.1050 against the US Dollar, similar to bitcoin. TRX price is...
Read More »Cardano (ADA) Price Analysis: Risk of More Losses Below $1.75
ADA price is struggling to clear the $1.85 and $2.00 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 $1.84 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.85 resistance zone. Cardano price is struggling below the $2.00 resistance against the US Dollar, unlike bitcoin....
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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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