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Tag Archives: Trading

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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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...

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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...

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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...

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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...

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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,...

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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...

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