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Tag Archives: Trading

Cardano (ADA) Price Analysis: Bears In Control Below $0.50

ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.515 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4980 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.500 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...

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Ethereum Price Analysis: ETH Retreats Lower From $2,700

Ethereum price started a downside correction from the $2,700 resistance against the US Dollar. ETH price is now trading below $2,550 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with support at $2,400 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,400 resistance zone. Ethereum price is declining below $2,550 against the US Dollar. ETH/USD remains at a risk of more...

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Stellar Lumen (XLM) Price Could Accelerate Lower Below This Support

Stellar lumen price is moving lower from the $0.1260 resistance zone against the US Dollar. XLM price is now trading below $0.1180 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1150 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1120 support zone in the near term. Stellar lumen price is trading below $0.1180 against the US Dollar, like Bitcoin. XLM...

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XRP Price Analysis: Bears Aim Key Downside Break At $0.50

XRP price started a fresh decline from the $0.600 resistance against the US dollar. The price is now trading below $0.565 and the 55 simple moving average (4 hours). There is a key bearish trend forming with resistance near the $0.5385 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.520 support zone. XRP price is struggling below $0.585 against the US Dollar, unlike Bitcoin. The price could...

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Bitcoin Cash Analysis: Risk of More Losses Below $230

Bitcoin cash price started a fresh decline from the $300 zone against the US Dollar. The price is now trading below the $255 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $255 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $255 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...

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EOS Price Analysis: Risk of Downside Break Below $0.75

EOS price started a downside correction from the $0.810 zone against the US Dollar. The price is now trading below $0.7650 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.752 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.780 and $0.800 resistance levels. EOS price is declining below $0.780 against the US Dollar, like...

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Litecoin (LTC) Price Analysis: Bulls Protect Key Support At $68

Litecoin started a downside correction from the $77.00 zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.65 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $67.20 support. Litecoin price is correcting gains from $77.00 against the US Dollar, like Bitcoin. LTC price...

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SOL Price Analysis: Solana Could Gain Momentum Above $105

Solana price started a fresh increase from the $88.00 zone against the US Dollar. The price is now trading above $95.00 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance at $104.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $104 and $105 to continue higher in the near term. Solana price is trading above $95 against the US Dollar, like Bitcoin. SOL could start a strong...

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Bitcoin Price Analysis: BTC At Risk of More Downsides Below $42K

Bitcoin price started a fresh decline below the $45,000 level against the US Dollar. The price is now trading below $44,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $44,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $41,500 and $40,000 levels. Bitcoin price is declining below $45,000 against the US Dollar. BTC might extend losses...

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Cardano (ADA) Price Analysis: Risk of Bearish Break Below $0.525

ADA price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.55 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.550 and $0.565 resistance levels. Cardano’s price is consolidating above $0.525 against the US Dollar, like Bitcoin. ADA...

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