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Tag Archives: Trading

Tron (TRX) Price Analysis: Risk of More Downsides Below $0.062

Tron price is trading in a bearish zone below the main $0.0800 resistance against the US Dollar. TRX price is now trading below $0.0750 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0780 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down unless there is a clear break above $0.0750 and $0.0850. TRON price is showing bearish signs below $0.0800 against the US Dollar,...

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Bitcoin Price Analysis: BTC Remains At Risk of More Losses

Bitcoin price started a fresh decline after it failed to settle above $38,000 against the US Dollar. The price is now trading below the $36,000 zone and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct higher, but it is likely to face selling interest near the $35,00 and $36,000 levels. Bitcoin price is showing...

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.4

ADA price started a fresh decline after it failed to surpass $2.0 against the US Dollar. The price is now trading well below the $1.65 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.68 on the 4-hours chart (data feed via Bitfinex). The price is declining and it could even slide further below $1.40 in the coming sessions. Cardano price is struggling to hold gains above $1.50 against the US Dollar,...

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Ethereum Price Analysis: ETH Breaks Key Support, Could Revisit $2K

Ethereum price failed to surpass $3,000 and started a fresh decline against the US Dollar. ETH price is now trading below $2,600 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $2,780 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue lower towards $2,300 or even $2,000 in the near term. Ethereum price is slowly moving lower below $2,500 against the US Dollar. ETH/USD could extend...

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Bitcoin Cash Analysis: Risk of More Downsides Below $650

Bitcoin cash price is facing a strong resistance near the $720 level against the US Dollar. The price is now trading just below $700 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $730 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline below $650 if it remains below the $750 resistance zone. Bitcoin cash price is struggling to recover above $700 against the US...

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EOS Price Analysis: Break Above $7.75 Holds The Key

EOS started a steady recovery wave above the $4.50 and $5.00 resistance levels against the US Dollar. The price is currently trading just above $6.00 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $6.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair must break $7.00 and $7.75 to start a strong increase in the near term. EOS price is showing a few positive signs above $6.00...

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Litecoin (LTC) Price Analysis: Signs of a Fresh Increase above $200

Litecoin price is showing a few positive signs above the $150 level against the US Dollar. LTC price is now just above the $180 level and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to start a decent increase if there is a close above $195 and $200. Litecoin price is struggling to gain pace above $190 against the...

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Tron (TRX) Price Analysis: Bulls Eyeing Fresh Run To $0.10

Tron price formed a base above the $0.0550 level and corrected higher against the US Dollar. TRX price is now trading nicely above $0.0700 and the 55 simple moving average (4-hours). There was a break above a crucial contracting triangle with resistance near $0.0740 on the 4-hours chart (data feed via Bitfinex). The pair is likely to start a steady increase towards the $0.0950 and $0.1000 levels in the near term. TRON price is showing positive signs above $0.0700 against...

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Bitcoin Price Analysis: BTC Could Rally If It Breaks $39K

Bitcoin price started trading in a range above the $34,000 zone against the US Dollar. The price is now trading below the $37,000 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $37,000 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 $39,000 and $40,000. Bitcoin price is attempting an upside break above...

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Cardano (ADA) Price Analysis: Bulls Aim Fresh Rally To $2

ADA price started a fresh increase after it tested the $1.32 support zone against the US Dollar. The price is now trading above the $1.50 zone and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.68 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but the bulls are likely to remain active near $1.58 and $1.55. Cardano price is showing positive signs above the $1.50 zone...

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