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Tag Archives: Trading

EOS Price Analysis: Bulls Eyeing Fresh Rally above $4.4

EOS seems to be forming a decent support base above the $3.80 level against the US Dollar. The price is now trading well above $3.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $3.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase if there is a clear break above the $4.40 and $4.50 levels. EOS price is showing positive signs above...

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Litecoin (LTC) Price Analysis: Fresh Rally Likely If It Breaks $150

Litecoin price started an upside correction above the $120 zone against the US Dollar. LTC price is now well above the $130 level and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend lien with resistance near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $145 and $150 to start a fresh rally in the near term. Litecoin price is slowly gaining pace above $130 against the US Dollar, unlike...

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Tron (TRX) Price Analysis: Bulls Back In Action Above $0.06

Tron price formed a base above $0.0500 and started a fresh increase 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 above a major bearish trend line with resistance near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.0640 and $0.0620. TRON price is now showing positive signs above $0.0600 against the US Dollar,...

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Bitcoin Price Analysis: BTC Could Extend Recovery Above $36.6K

Bitcoin price started a fresh increase from the $30,000 support zone against the US Dollar. The price is now trading above the $35,000 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $35,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is correcting gains, but it is likely to remain stable above $35,000 and $34,000 in the near term. Bitcoin price is recovering higher...

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Cardano (ADA) Price Analysis: Bulls Aim Larger Rally Above $1.35

ADA price started a fresh increase after it found support near $1.00 against the US Dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $1.30 on the 4-hours chart (data feed via Bitfinex). The price is consolidating above the trend line and it could rally above the $1.35 resistance zone. Cardano price is trading in a positive zone above $1.30 against the US...

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Ethereum Price Analysis: ETH Aims Larger Recovery Above $2,200

Ethereum price started a decent recovery wave from the $1,700 zone against the US Dollar. ETH price is now trading well above $2,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,850 on the 4-hours chart (data feed from Coinbase). The pair is likely to correct further higher towards the $2,275 resistance zone in the near term. Ethereum price is recovering higher above $2,000 against the US Dollar....

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Stellar Lumen (XLM) Price Could Recovery Sharpy If It Breaks $0.27

Stellar lumen price extended its decline and it even tested $0.2000 against the US Dollar. XLM price is now trading near $0.2600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.2600 on the 4-hours chart (data feed via Kraken). The pair is likely to start a major increase if it surpasses $0.2600 and $0.2700. Stellar lumen price is facing hurdles near $0.2600 and $0.2700 against the US Dollar, similar to...

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Ripple Price Analysis: Fresh Rally Likely Above $0.65

Ripple price is attempting a recovery above $0.6400 against the US dollar. The price is facing resistance near $0.6500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.6500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above the $0.6500 resistance zone. Ripple price is slowly recovering above $0.6200 against the US Dollar....

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Bitcoin Cash Analysis: Bulls Eye Upside Break above $500

Bitcoin cash price is recovering from the $400 support zone against the US Dollar. The price is still well below $550 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a major increase if it clears the $500 resistance and then the 55 SMA. Bitcoin cash price is slowly moving higher above $450 against the US Dollar,...

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EOS Price Analysis: Key Breakout Zone Forming Near $4

EOS seems to be forming a decent support base above the $2.00 level against the US Dollar. The price is still trading well below $4.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to remain in a bearish zone unless there is a clear break above $4.00 and $4.20. EOS price is struggling to recover above $3.80 against the...

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