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Tag Archives: Trading

Ripple Price Analysis: Approaching Next Key Break, $1.50 Holds The Key

Ripple price started a steady increase and it tested the $1.75 resistance against the US dollar. The price is now consolidating above $1.50 and close to the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.58 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 $1.58 and $1.60. Ripple price is struggling to stay above the $1.50...

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Bitcoin Cash Analysis: Bulls Pump BCH Above $1,500, Dips Supported

Bitcoin cash price started a fresh surged above the $1,000 barrier against the US Dollar. The price is now trading well above the $1.200 support level and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $1,360 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but dips are likely to remain well bid near the $1,200 level. Bitcoin cash price rallied over 30% and it broke the...

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EOS Price Analysis: Upside Break above $10 Seems Likely

EOS started a strong increase above the $6.90 and $8.05 resistance levels against the US Dollar. The price is currently trading well above the $8.00 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $6.95 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is accelerating higher, and it could soon clear the $9.50 and $10 resistance levels. EOS price is gaining pace above $7.50 zone...

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Litecoin (LTC) Price Analysis: Bulls Remain in Control Above $300

Litecoin price started a strong increase above the $300 resistance against the US Dollar. LTC price is now trading well above the $300 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $300 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is correcting gains, but dips are likely to remain well bid above $300. Litecoin price is gaining pace above the $300 zone against the US Dollar,...

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Tron (TRX) Price Analysis: Signs of A Fresh Decline Below $0.11

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,...

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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...

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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...

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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....

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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...

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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...

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