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 »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...
Read More »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...
Read More »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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