Tuesday , May 14 2024
Home / Tag Archives: Trading (page 102)

Tag Archives: Trading

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...

Read More »

Stellar Lumen (XLM) Price Could Gain Momentum Above $0.40

Stellar lumen price is consolidating above $0.3500 against the US Dollar. XLM price is now trading above $0.3600 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair could start a fresh increase if there is a clear break above the $0.4000 resistance. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price must...

Read More »

Ripple Price Analysis: Fresh Increase Likely Above $1.24

Ripple price declined below $1.25 and tested the $1.165 support against the US dollar. The price is now trading near $1.21 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.175 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above $1.235. Ripple price is slowly rising above $1.20 against the US Dollar, unlike bitcoin. XRP price must...

Read More »

Bitcoin Cash Analysis: Bulls In Action Above $650

Bitcoin cash price started a fresh increase above the $600 zone against the US Dollar. The price is now trading above the $650 zone and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $710 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $710 for a sustained move higher towards $650. Bitcoin cash price is showing positive signs above $650 against the US Dollar, similar...

Read More »

EOS Price Analysis: Fresh Increase Likely Above $5

EOS price started a downside correction from the $5.40 resistance against the US Dollar. The price is now trading above $4.50 and the 55 simple moving average (4-hours). There is a crucial expanding triangle forming with support near $4.70 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $5.10 and $5.20 resistance levels. EOS price is showing positive signs above $4.60 against the US Dollar, similar to...

Read More »

Litecoin (LTC) Price Analysis: Bulls In Control Above $240

Litecoin price found support near $200 and started a fresh increase against the US Dollar. LTC price is now trading above $220 and the 55 simple moving average (4-hours). There was a break above a key declining channel with resistance near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $320 unless it fails to stay above the $220 level. Litecoin price is climbing higher above $240 against the US Dollar,...

Read More »

Tron (TRX) Price Analysis: More Gains Possible Above $0.12

Tron price started a fresh rally above the $0.1050 resistance zone against the US Dollar. TRX price is now trading above $0.1050 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1040 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1100. TRON price remained well bid above $0.1050 against the US Dollar, similar to bitcoin. TRX price is...

Read More »

Bitcoin Price Analysis: BTC Could Correct Lower Towards $64K

Bitcoin price started a fresh increase above the $65,000 zone against the US Dollar. The price is now trading above $65,000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $61,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct lower towards the $64,000 support zone in the near term. Bitcoin price traded to a new all-time high near $68,560 against the US...

Read More »

Cardano (ADA) Price Analysis: Bulls In Control Above $2

ADA price is gaining pace above the $2.00 and $2.05 resistance levels against the US Dollar. The price is now trading above $2.05 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2.02 on the 4-hours chart (data feed via Bitfinex). The price might extend its rally above the $2.20 and $2.25 resistance levels in the near term. Cardano price is gaining pace above $2.05 against the US Dollar, unlike bitcoin. ADA price...

Read More »

Ethereum Price Analysis: ETH Could Soon Visit $5K

Ethereum price started a fresh increase above $4,500 against the US Dollar. ETH price is now trading above $4,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $4,500 on the 4-hours chart (data feed from Coinbase). The pair could extend its rally towards the $4,900 and $5,000 levels. Ethereum price is showing positive signs above $4,500 against the US Dollar. ETH/USD could extend gains above the $4,850...

Read More »