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Tag Archives: Trading

Stellar Lumen (XLM) Price Could Struggle To Continue Higher

Stellar lumen price failed to gain strength above $0.3800 against the US Dollar. XLM price is now trading below $0.3500 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.3590 on the 4-hours chart (data feed via Kraken). The pair is likely to continue lower as long as it is below the $0.3700 resistance. Stellar lumen price is slowly moving lower below $0.3500 against the US Dollar, similar to bitcoin. XLM...

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Ripple Price Analysis: Risk of a Larger Decline

Ripple price failed to settle above $1.30 and corrected lower against the US dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1.210 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down as long as it is below $1.200 and $1.205. Ripple price is holding gains above the $1.00 support against the US Dollar, similar...

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Bitcoin Cash Analysis: Risk of More Downsides Below $600

Bitcoin cash price started a fresh decline from the $700 resistance against the US Dollar. The price is now trading below the $650 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $650 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate lower if it breaks the $600 and $580 support levels. Bitcoin cash price is moving lower below $625 against the US Dollar,...

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Bitcoin nur kurzzeitig oberhalb von 50.000 US-Dollar

Der mittelfristige Aufwind bleibt erhalten, doch kurzfristig ging es für den BTC wieder leicht runter. Nach einer ruhigen Phase nahm der Markt in diesem Monat an Fahrt auf. Der Höhepunkt wurde vorgestern mit einem kurzfristigen Sprung über 50.000 US-Dollar erreicht. Bitcoin News: Bitcoin nur kurzzeitig oberhalb von 50.000 US-DollarInzwischen ist der Kurs wieder auf ungefähr 47.000 US-Dollar runtergegangen. Damit steht er jedoch immer noch um etwa 10.000 US-Dollar besser da als vor einem...

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EOS Price Analysis: Signs of a Key Breakdown Below $5.30

EOS price started a downside correction from the $5.95 resistance zone against the US Dollar. The price is now trading just below the $5.30 support and the 55 simple moving average (4-hours). There was a break below a crucial bullish trend line with support near $5.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower unless it recovers above the $5.30 resistance zone. EOS price is gaining pace below $5.30 against the...

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Litecoin (LTC) Price Analysis: $180 Presents Key Resistance

Litecoin price failed to clear the $190-$192 resistance zone against the US Dollar. LTC price is now trading below $180 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $182 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must stay above the $162 support to avoid more downsides in the near term. Litecoin price is correcting gains from $192 against the US Dollar, similar to...

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Tron (TRX) Price Analysis: Risk of More Losses Below $0.080

Tron price started a fresh decline from the $0.0960 zone against the US Dollar. TRX price is now trading below $0.0880 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.0880 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue lower as long as it is below the $0.0880 and $0.0900 levels. TRON price is slowly moving lower below $0.0900 against the US Dollar, similar to bitcoin. TRX...

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Bitcoin Price Analysis: BTC Trades Near Key Juncture

Bitcoin price gained pace and it cleared the $48,000 resistance against the US Dollar. The price is now trading above $47,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $49,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $47,300 support level to continue higher in the near term. Bitcoin price is losing pace above $48,000 against the US Dollar. BTC is...

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Cardano (ADA) Price Analysis: $3.00 Presents Key Resistance

ADA price started a fresh increase above the $2.20 resistance against the US Dollar. The price is now well above the $2.50 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase if it clears the $3.00 resistance zone in the near term. Cardano price is showing positive signs above $2.50 against the US Dollar, similar...

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Ethereum Price Analysis: ETH Could Surge Above $3,400

Ethereum price extended its increase above the $3,300 resistance against the US Dollar. ETH price is now trading above $3,200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,260 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,260 and $3,200. Ethereum price is showing positive signs above $3,200 against the US Dollar. ETH/USD must stay above the $3,200...

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