Bitcoin cash price is struggling to recover above $600 and $620 against the US Dollar. The price is now trading below $600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $620 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline unless there is a clear break above $600 and $620. Bitcoin cash price is struggling to recover above $620 against the US Dollar, similar...
Read More »EOS Price Analysis: Technicals Suggest Fresh Increase Above $5.5
EOS seems to be forming a decent support base above the $4.50 level against the US Dollar. The price is currently testing the $5.05 zone and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $5.05 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a steady increase above the $5.25 and $5.50 resistance levels. EOS price is forming a base for a move above $5.50 against...
Read More »Litecoin (LTC) Price Analysis: Bulls Continue To Struggle Near $180
Litecoin price started an upside correction from the $150 support against the US Dollar. LTC price is just trading above $165 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $176 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $176 and $180 to start a fresh increase in the near term. Litecoin price is struggling to clear $175 and $180 against the US Dollar, unlike bitcoin....
Read More »Tron (TRX) Price Analysis: Bulls Eye Fresh Increase Above $0.074
Tron price is recovering and it is showing positive signs above $0.070 against the US Dollar. TRX price is now trading near $0.0720 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0730 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above $0.0730 and $0.0740. TRON price is showing positive signs above $0.0700 against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Eyes Further Gains above $42K
Bitcoin price started a fresh increase above the $38,000 resistance against the US Dollar. The price is now trading above the $38,000 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $38,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct lower, but it is likely to remain well bid near $38,500 and $38,000. Bitcoin price is trading in a bullish zone above...
Read More »Stellar Lumen (XLM) Price Eyes Fresh Increase above $0.36
Stellar lumen price extended its decline below the $0.4000 support against the US Dollar. XLM price is now trading below $0.3600 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3600 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 $0.3600 barrier. Stellar lumen price is facing hurdles near $0.3600 and $0.3800 against the US Dollar,...
Read More »Ripple Price Analysis: Recovery Likely Unless XRP Breaks $0.80
Ripple price is trading above the key $0.8000 support zone against the US dollar. The price is now struggling to clear $0.9000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.8600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase unless there is a clear downside break below $0.8000. Ripple price is trading in a bearish zone below $1.00 against the...
Read More »Bitcoin Cash Analysis: Remains At Risk Unless It Clears $650
Bitcoin cash price is struggling to gain momentum above $650 and $700 against the US Dollar. The price is now trading well below $650 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $650 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline unless there is a clear break above $650 and $665. Bitcoin cash price is struggling to recover above $650 against the US...
Read More »EOS Price Analysis: Risk of More Losses Below $4.5
EOS started a steady decline from the $7.50 and $7.00 resistance levels against the US Dollar. The price is currently trading well below $6.00 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $5.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair must break $5.50 and $6.00 to start a strong increase in the near term. EOS price is struggling to recover above $6.00 against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Facing Uphill Task Near $180
Litecoin price started an upside correction from the $145 swing low against the US Dollar. LTC price is still trading well below $180 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $182 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could fail to clear the $180 resistance and start a fresh decline in the near term. Litecoin price is struggling to clear $180 and $185 against the US...
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