Tron price struggled to clear the $0.1365 resistance and corrected lower against the US Dollar. TRX price is now trading below the $0.1260 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.1250 on the 4-hours chart (data feed via Bitfinex). The pair could extend its decline if it fails to recover above $0.1265 and $0.1300. TRON price is showing a few bearish signs below $0.1300 against the US Dollar,...
Read More »Bitcoin Price Analysis: BTC Faces Major Hurdle, Dips Limited
Bitcoin price started a fresh increase after testing the $47,500 support against the US Dollar. The price is now trading above $52,000, but it is struggling near the 55 simple moving average (4-hours). There was a break below a major rising channel with support near $55,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a fresh decline if it fails to clear the $56,000 resistance zone in the near term. Bitcoin price is...
Read More »Cardano (ADA) Price Analysis: Dips Could Be Limited Below $1.15
ADA price started a fresh increase above the $1.250 resistance zone against the US Dollar. The price is now trading close the $1.280 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support at $1.350 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but the bulls are likely to remain active near $1.170 and $1.150. Cardano price is showing signs of a downside correction from $1.420...
Read More »Ethereum Price Analysis: ETH Surges To New ATH Above $3,400
Ethereum price started a fresh rally above the $3,000 resistance against the US Dollar. ETH price is currently trading well above $3,000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $3,140 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,150 and $3,000 levels. Ethereum price is gaining pace above the $3,000 level against the US Dollar....
Read More »Stellar Lumen (XLM) Price Gaining Momentum, Bulls Aim $0.65
Stellar lumen price started a fresh increase above the $0.5000 resistance zone against the US Dollar. XLM price is now trading well above $0.5000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4950 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.5750 and $0.6000 resistance levels. Stellar lumen price is gaining pace above $0.5000 against the US...
Read More »Ripple Price Analysis: Bulls In Control Above $1.45
Ripple price started a steady increase above the $1.20 resistance zone against the US dollar. The price is now trading well above $1.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.20 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 $1.65 and $1.70. Ripple price is gaining pace above the $1.50 level against...
Read More »Vaultoro to support Litecoin!
One of the cardinal rules of investing is diversification that is why Litecoin is now available to trade on Vaultoro. You can trade LTC with physically allocated Gold and Silver, with more pairs in the pipeline. To read more about Vaultoro see this article: Gold, Bitcoin, or Both? Litecoin is a faster and cheaper alternative Created by Charlie Lee in 2011, Litecoin is one of the oldest Bitcoin...
Read More »Bitcoin Cash Analysis: Bulls Could Gain Strength Above $900
Bitcoin cash price remained supported near $720 and started a fresh increase against the US Dollar. The price is now trading above the $850 support level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $850 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $900 and $920 resistance levels in the near term. Bitcoin cash price is showing...
Read More »EOS Price Analysis: Fresh Rally Likely Above $6.00
EOS tested the $4.50 and $4.60 support levels against the US Dollar. The price is currently trading well above the $5.50 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $5.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a strong increase if there is a clear break above the $6.00 and $6.10 resistance levels. EOS price is signaling a positive move above $5.50...
Read More »Litecoin (LTC) Price Analysis: Upside Break Above $265 Seems Likely
Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,...
Read More »