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Tag Archives: Trading

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...

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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...

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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...

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Stellar Lumen (XLM) Price Could Rally If It Stays Above This Level

Stellar lumen price is consolidating above $0.3600 against the US Dollar. XLM price is now trading near $0.3680 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3610 on the 4-hours chart (data feed via Kraken). The pair could start a fresh increase if there is a clear break above the $0.3800 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: Rally Could Extend above $1.30

Ripple price started a fresh increase above the $1.20 resistance against the US dollar. The price is now trading above $1.20 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.168 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 $1.28. Ripple price is slowly rising above $1.25 against the US Dollar, unlike bitcoin. XRP price must...

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Bitcoin Cash Analysis: Bulls In Control Above $600

Bitcoin cash price started a major increase above the $580 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $592 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $615 and $620. Bitcoin cash price is showing positive signs above $595 against the US...

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EOS Price Analysis: Bulls Aim Upside Break above $5

EOS price started a fresh increase above the $4.00 zone against the US Dollar. The price is now trading above $4.50 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $4.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if there is a clear break above $4.90 and $5.00. EOS price is showing positive signs above $4.50 against the US Dollar, similar to bitcoin. The...

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Litecoin (LTC) Price Analysis: Bulls Could Gain Strength

Litecoin price started a fresh increase from the $172 support against the US Dollar. LTC price is now trading above $195 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $195 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise as long as it is above the $188 support level. Litecoin price is moving higher and trading near $200 against the US Dollar, similar...

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Tron (TRX) Price Analysis: Bulls In Control Above $0.10

Tron price started a fresh rally above the $0.1000 resistance zone against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1020 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1000. TRON price remained well bid above $0.1000 against the US Dollar, similar to bitcoin. TRX price...

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Bitcoin Price Analysis: BTC Eyes More Upsides Above $65K

Bitcoin price started a fresh increase above the $62,000 zone against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $62,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move higher if there is a break above $64,500. Bitcoin price is back above the $62,000 pivot level against the US Dollar. BTC could...

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