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Tag Archives: Trading

Cardano (ADA) Price Analysis: Break above $1.50 Seems Likely

ADA price is struggling to clear the $1.50 resistance against the US Dollar. The price is now well above the $1.40 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.44 on the 4-hours chart (data feed via Bitfinex). The price could start a strong increase if it clears the key $1.50 resistance zone in the near term. Cardano price is facing an uphill task near $1.50 against the US Dollar, while bitcoin is...

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Ethereum Price Analysis: ETH Eyeing More Gains

Ethereum price extended its increase above the $3,000 resistance against the US Dollar. ETH price is now trading well above $3,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,040 on the 4-hours chart (data feed from Coinbase). The pair is consolidating gains and it might start a fresh increase above $3,200. Ethereum price is showing positive signs above $3,000 against the US Dollar. ETH/USD must stay above...

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Stellar Lumen (XLM) Price Corrects Lower, $0.27 Holds The Key

Stellar lumen price started a decent increase above the $0.2800 resistance against the US Dollar. XLM price is now trading near $0.2800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.2760 on the 4-hours chart (data feed via Kraken). The pair is likely to start another increase as long as it is above the $0.2700 support zone. Stellar lumen price is showing positive signs above $0.2700 against the US Dollar,...

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Ripple Price Analysis: Dips Remain Supported Near 0.75

Ripple price gained traction and it rallied above $0.7500 against the US dollar. The price is now trading well above the $0.7500 resistance and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.7500 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 $0.7000 support zone. Ripple price is trading in a positive zone above $0.7500 against the...

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EOS Price Analysis: Bulls Aim Higher Above $4.5

EOS started a fresh increase above the $4.00 resistance against the US Dollar. The price is now trading above the $4.00 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming 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 higher if it breaks the $4.25 and $4.30 resistance levels in the near term. EOS price is showing positive signs above $4.00 against the US...

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Litecoin (LTC) Price Analysis: Fresh Increase Likely Above $145

Litecoin price failed to clear the $150 resistance zone and corrected lower against the US Dollar. LTC price is now trading above $140 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $138 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair might start a fresh increase as long as it is above the $135 support. Litecoin price is holding gains above $135 against the US Dollar, similar...

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Tron (TRX) Price Analysis: Holding Gains above $0.062

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

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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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