EOS price started a fresh decline from well above $4.80 against the US Dollar. The price is now trading below $4.50 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate lower if there is a close below $4.00 and $3.85. EOS price is showing bearish signs below $4.50 against the US Dollar, similar to bitcoin. The...
Read More »Litecoin (LTC) Price Analysis: Risk of More Downsides Below $172
Litecoin price started a fresh decline from well above $200 against the US Dollar. LTC price is now trading below $200 and the 55 simple moving average (4-hours). There was a break below a crucial contracting triangle with support near $192 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to decline unless there is a clear break above the $192 resistance. Litecoin price is moving lower and trading below $200 against the US...
Read More »Tron (TRX) Price Analysis: More Gains Possible Above $0.105
Tron price is forming a base above the $0.1000 zone against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $0.0995 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1050 resistance. TRON price remained well bid above $0.0980 against the US Dollar, similar to bitcoin. TRX price is...
Read More »Bitcoin Price Analysis: BTC Could Correct Lower Below $60K
Bitcoin price started a downside correction from well above the $64,000 zone 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 $63,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below $59,500. Bitcoin price is back below the $62,000 pivot level against the US Dollar....
Read More »Cardano (ADA) Price Analysis: Key Hurdle At $2.25
ADA price is struggling to clear the $2.20 and $2.25 resistance levels against the US Dollar. The price is now trading above $2.15 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.25 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $2.25 resistance zone. Cardano price is struggling below the $2.25 resistance against the US Dollar, unlike bitcoin....
Read More »Ethereum Price Analysis: ETH Could Extend Rally
Ethereum price started a fresh increase above $4,000 against the US Dollar. ETH price is now trading above $4,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $4,120 the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,260 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could gain pace above the $4,250 and...
Read More »Stellar Lumen (XLM) Price Remains At Risk of More Downsides
Stellar lumen price is struggling to stay above $0.3650 against the US Dollar. XLM price is now trading below $0.3800 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3800 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if there is a break below the $0.3650 support zone. Stellar lumen price is trading well above $0.4000 against the US Dollar, similar to bitcoin. XLM price must...
Read More »Ripple Price Analysis: Bears In Control Below $1.15
Ripple price started a fresh decline from the $1.20 resistance against the US dollar. The price is now trading below $1.12 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.11 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down unless there is a clear break above $1.12. Ripple price is showing bearish signs below $1.12 against the US Dollar, unlike bitcoin....
Read More »Bitcoin Cash Analysis: Key Support Nearby At $610
Bitcoin cash price started a major increase above the $600 zone against the US Dollar. The price is now trading above the $620 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $620 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 $640 and $650. Bitcoin cash price is showing positive signs above $620 against the US Dollar, similar...
Read More »EOS Price Analysis: Bulls In Control Above $4.5
EOS price started a decent increase above the $4.65 zone against the US Dollar. The price is now trading above $4.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $4.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $4.90 and $5.00 resistance levels. EOS price is showing positive signs above $4.50 against the US Dollar, similar to...
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