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Tag Archives: Trading

Bitcoin Price Analysis: BTC Approaches Key Support Near $37K

Bitcoin price failed to extend gains above $42,650 against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $40,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to bounce back as long as it is above the $37,000 support zone. Bitcoin price is slowly moving lower below $40,000 against the US Dollar. BTC could start...

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Cardano (ADA) Price Analysis: Bulls Remain Active Above $1.20

ADA price is struggling to clear the $1.40 resistance against the US Dollar. The price is now testing the $1.30 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.30 on the 4-hours chart (data feed via Bitfinex). The price could extend its decline, but the bulls might protect the $1.20 and $1.15 support levels. Cardano price is facing an uphill task near $1.40 against the US Dollar, similar to bitcoin. ADA...

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Ethereum Price Analysis: ETH Holding Uptrend Support

Ethereum price extended its increase above the $2,500 resistance against the US Dollar. ETH price is now trading well above $2,400 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,520 on the 4-hours chart (data feed from Coinbase). The pair is consolidating gains and it might start a fresh increase above $2,600. Ethereum price is showing positive signs above $2,400 against the US Dollar. ETH/USD must stay above...

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Stellar Lumen (XLM) Price Holds Key Support, More Upsides Likely

Stellar lumen price started a decent increase above the $0.2500 resistance against the US Dollar. XLM price is now trading above $0.2500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2700 on the 4-hours chart (data feed via Kraken). The pair is likely to start another increase if there is a break above the $0.2850 resistance. Stellar lumen price is showing positive signs above $0.2500 against the US Dollar,...

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Ripple Price Analysis: Chances of More Upsides Above $0.75

Ripple price gained traction and it rallied above $0.7000 against the US dollar. The price is now trading well above the $0.6500 resistance and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise if it clears the $0.7500 and $0.7650 resistance levels. Ripple price is trading in a positive zone above $0.7000 against...

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Experten sehen keine Zukunft für Cryptocoins auf Robinhood

Robinhood hat sich vom GameStop-Debakel erholt – zumindest im Mainstream. Nachdem die GameStop-Aktie zu Beginn des Jahres durch die Decke ging, hatte Robinhood den Handel mit ihr für viele Kleininvestoren gestoppt. Die Nutzer protestierten und kündigten an, Robinhood von nun an zu boykottieren. Doch offenbar hat sich das Unternehmen schnell davon erholt. Crypto News: Experten sehen keine Zukunft für Cryptocoins auf RobinhoodBei seinem kürzlichen IPO (Initial Public Offering) erzielte...

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Bitcoin Cash Analysis: Eyes Upside Break above $550

Bitcoin cash price started a decent increase above the $500 resistance against the US Dollar. The price is now trading above the $500 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $505 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $550 and $555 resistance levels. Bitcoin cash price is gaining pace above the $500 zone against the US...

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EOS Price Analysis: Bullish On Close Above $4

EOS started a fresh increase above the $3.50 resistance against the US Dollar. The price is now trading above the $3.50 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.75 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 $4.00 and $4.02 resistance levels in the near term. EOS price is showing positive signs above $3.50 against the...

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Litecoin (LTC) Price Analysis: More Upsides Likely Above $140

Litecoin price started a fresh increase above the $125 resistance zone against the US Dollar. LTC price is now trading nicely above $132 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $142 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate higher if there is a clear break above $142 and $145. Litecoin price is attempting a recovery above $132 against the US...

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Tron (TRX) Price Analysis: Bulls Eye Surge Above $0.065

Tron price started a fresh increase above the $0.0580 resistance against the US Dollar. TRX price is now trading well above $0.0580 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0585 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher above the $0.0620 and $0.0640 resistance levels. TRON price is trading in a positive zone above $0.0600 against the US Dollar, similar to...

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