Tag Archives: Trading

ADA price started a fresh decline after it failed to surpass $1.50 against the US Dollar. The price is now trading well below $1.35 and the 55 simple moving average (4-hours). There was a break below a key rising channel with support near $1.38 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.25 support level in the near term. Cardano price is trading in a negative zone below $1.35 against the US Dollar, similar to...

Ethereum price failed to recover above $2,200 and started a fresh decline against the US Dollar. ETH price is now trading well below $2,200 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2,100 on the 4-hours chart (data feed from Coinbase). The pair is likely to accelerate lower if there is a close below the $2,000 support zone. Ethereum price is struggling to stay above $2,000 against the US Dollar....

Stellar lumen price tested the $0.2320 support before correcting higher against the US Dollar. XLM price is now facing resistance near $0.2550 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2480 on the 4-hours chart (data feed via Kraken). The pair is likely to start a steady increase if there is a break above the $0.2550 resistance. Stellar lumen price is facing hurdles near $0.2500 and $0.2550...

Ripple price started an upside correction above the $0.6200 resistance against the US dollar. The price is now trading near the $0.6500 resistance and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.6600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if it clears the $0.6500 and $0.6600 resistance levels. Ripple price is slowly recovering above $0.6200...

Bitcoin cash price started a fresh decline after it failed to surpass the $550 resistance against the US Dollar. The price is now trading below the $500 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $510 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $465 support zone. Bitcoin cash price is slowly moving lower...

EOS failed to surpass a key resistance zone near $4.20 against the US Dollar. The price is now trading below the $4.00 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower if it breaks the $3.60 support zone in the near term. EOS price is showing bearish signs below $3.85 against the US Dollar,...

Litecoin price failed to continue above the $150 resistance zone against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $132 and $130 support levels in the near term. Litecoin price is slowly gaining pace below $140 against the US...

Bitcoin price is consolidating in a range below the $35,000 resistance against the US Dollar. The price is now trading near the $34,250 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $35,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a major increase if there is a clear break above the $35,000 resistance. Bitcoin price is recovering higher above...

Tron price started a decent increase above the $0.0600 zone against the US Dollar. TRX price is now trading well above $0.0620, but it is below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0670 on the 4-hours chart (data feed via Bitfinex). The pair is likely to start a decent increase above the $0.0680 and $0.0700 resistance levels. TRON price is now showing positive signs above $0.0600 against the US...

ADA price started a fresh increase after it found support near $1.20 against the US Dollar. The price is now trading above $1.35 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $1.35 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above $1.45 and $1.50 in the near term. Cardano price is trading in a positive zone above $1.35 against the US Dollar, similar to bitcoin. ADA price could...