Bitcoin cash price started a major decline below the $550 zone against the US Dollar. The price is now trading below the $520 zone and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise towards the main $550 and $555 resistance levels in the near term. Bitcoin cash price is eyeing recovery above $500 against...
Read More »EOS Price Analysis: Bulls Facing Uphill Task Near $4.40
EOS price extended its decline and traded below $3.80 against the US Dollar. The price is now trading well below $4.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3.95 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $4.40 and $4.50 resistance levels. EOS price is trading in a bearish zone below $4.00 against the US Dollar, similar...
Read More »Litecoin (LTC) Price Analysis: Recovery Possible Above $155
Litecoin price declined heavily below $165 and tested $155 against the US Dollar. LTC price is now trading below $160 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $148 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $155 resistance to start a decent recovery in the near term. Litecoin price is recovering losses from $140 against the US Dollar, similar to...
Read More »Tron (TRX) Price Analysis: Recovery Possible If It Clears $0.09
Tron price started a fresh decline below the $0.1000 zone against the US Dollar. TRX price is now trading below $0.1000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair could start a steady increase if there is a clear break above the $0.0900 resistance. TRON price extended its decline below $0.1000 against the US Dollar, similar to bitcoin. TRX...
Read More »Bitcoin Price Analysis: BTC Near Inflection Zone At $40K
Bitcoin price started a major decline below the $43,000 support against the US Dollar. The price is now trading below $43,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $43,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must settle above $43,000 to start a steady increase in the near term. Bitcoin price is recovering higher above $42,000 against the US Dollar. BTC could...
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $2
ADA price is struggling to clear the $2.32 and $2.45 resistance levels against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.40 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of more downsides below $2.05 and $2.00. Cardano price is struggling below the $2.50 resistance against the US Dollar, similar to bitcoin. ADA price must...
Read More »Ethereum Price Analysis: ETH Faces Major Hurdle Near $3,160
Ethereum price started an upside correction above $3,000 against the US Dollar. ETH price is now trading below $3,100 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh decline if there is no break above $3,160 in the near term. Ethereum price is showing bearish signs below $3,160 against the US Dollar. ETH/USD could resume its...
Read More »Stellar Lumen (XLM) Price Could Rally If It Clears $0.3000
Stellar lumen price started a strong decline below $0.3200 against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3000 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is no upside break above the $0.3000 and $0.3100 resistance levels. Stellar lumen price is trading well below $0.3000 against the US Dollar, similar...
Read More »Ripple Price Analysis: Bulls Eye Recovery Above $1
Ripple price started a major decline from the $1.12 resistance against the US dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.9750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if there is a clear break above $1.00. Ripple price is showing bearish signs below $1.00 against the US Dollar, similar to...
Read More »Copy Trading: How to Automate Your Trading Performance
Automated trading will help you make money with minimum time and effort. From this article, you’ll get to know how to make the most of it. The popularity of trading has been growing steadily around the world. Thousands of people make good additional income on it, without sacrificing their full-time jobs. To facilitate the trading process, they rely on automation tools, such as bots and copy trading platforms. From this article, you’ll get to know the essence and benefits of automated trading...
Read More »