Bitcoin cash price started a decent increase above the $650 resistance against the US Dollar. The price is now trading above the $620 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $635 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $650 and $680 resistance levels. Bitcoin cash price is gaining pace above the $600 zone against the US...
Read More »EOS Price Analysis: Major Support Nearby At $4.8
EOS price rallied above $5.00 before it faced resistance near $5.95 against the US Dollar. The price is now trading just below the $5.00 support and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $4.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to resume higher unless there is a clear break below $4.80 and $4.65. EOS price is holding gains above $4.80 against the US...
Read More »Litecoin (LTC) Price Analysis: $155 Holds The Key
Litecoin price failed to clear the $188-$190 resistance zone against the US Dollar. LTC price is now trading below $170 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $176 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must stay above the $155 support to avoid more downsides in the near term. Litecoin price is correcting gains from $190 against the US Dollar, similar to bitcoin....
Read More »Tron (TRX) Price Analysis: Holding Massive Support At $0.08
Tron price started a fresh increase above the $0.0800 resistance against the US Dollar. TRX price is now trading near $0.0850 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0815 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher as long as it is above the $0.0810 and $0.0800 support levels. TRON price is trading in a positive zone above $0.0800 against the US Dollar, similar...
Read More »Bitcoin Price Analysis: BTC Starts Downside Correction Below $46K
Bitcoin price failed to clear the $48,000 resistance against the US Dollar. The price is now trading below $46,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $45,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower towards the $43,750 and $42,500 support levels in the near term. Bitcoin price is losing pace above $45,000 against the US Dollar. BTC...
Read More »Stellar Lumen (XLM) Price Tests $0.40, More Gains Possible
Stellar lumen price started a decent increase above the $0.3000 resistance against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.4000 and $0.4050 resistance levels. Stellar lumen price is showing positive signs above $0.3500 against the US Dollar, similar...
Read More »Ripple Price Analysis: Rally Could Extend Above $1.35
Ripple price gained traction and it rallied above $1.00 against the US dollar. The price is now trading well above the $1.10 resistance and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $1.32 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.10 support zone. Ripple price is trading in a positive zone above $1.10 against the US...
Read More »Bitcoin Cash Analysis: Fresh Increase Likely Above $650
Bitcoin cash price started a decent increase above the $600 resistance against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $610 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $625 and $650 resistance levels. Bitcoin cash price is gaining pace above the $600 zone against the US...
Read More »EOS Price Analysis: Turns Attractive Above $5
EOS started a fresh increase above the $4.20 resistance against the US Dollar. The price is now trading above the $4.50 support and the 55 simple moving average (4-hours). There is a major 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 is likely to continue higher if it breaks the $5.10 and $5.25 resistance levels in the near term. EOS price is showing positive signs above $4.60 against the...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Test of $200
Litecoin price started a decent increase above the $150 resistance zone against the US Dollar. LTC price is now trading above $160 and the 55 simple moving average (4-hours). There was a break above a bullish continuation pattern with resistance near $167 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to extend gains above the $180 and $185 resistance levels in the near term. Litecoin price is holding gains above $165 against the...
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