Ripple price started a downside correction from the $0.5350 zone against the US dollar. The price is now trading above $0.5150 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5160 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.5150. Ripple price is consolidating near $0.5220 against the US Dollar, like Bitcoin. XRP...
Read More »Bitcoin Cash Analysis: Fresh Rally Likely If Bulls Clear $250
Bitcoin cash is eyeing a fresh increase above the $250 resistance against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $240 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $250 and $258 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $240 against the US...
Read More »EOS Price Analysis: Why EOS Could Rally 10% To $0.80
EOS price is eyeing a fresh increase from the $0.678 support against the US Dollar. The price is now trading above $0.700 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.700 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.730 and $0.736 resistance levels. EOS price is recovering above $0.700 against the US Dollar, like...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Fresh Rally To $75
Litecoin is gaining pace above the $67.00 resistance against the US Dollar. LTC price is now trading above $68.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $69.00 and $70.00 resistance levels. Litecoin price is recovering from the $63.20 zone against the US Dollar, like Bitcoin....
Read More »Solana (SOL) Price Analysis: Key Uptrend Support Intact At $92
Solana price started a downside correction from the $106 zone against the US Dollar. The price is now trading below $100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $97 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $92 and $89 support levels to start another increase. Solana price is trading above $92 against the US Dollar, like Bitcoin. SOL is...
Read More »Bitcoin Price Analysis: BTC Consolidates Below Key Resistance
Bitcoin price started a downside correction from the $43,850 zone against the US Dollar. The price is now trading above $42,800 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $43,320 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $42,200 support zone. Bitcoin price is correcting lower below $43,500 against the US Dollar. BTC...
Read More »Cardano (ADA) Price Analysis: Risk of Downside Break Below $0.480
ADA price started a downside correction from the $0.538 zone against the US Dollar. The price is now trading below $0.52 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.500 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.510 and $0.520 resistance levels. Cardano’s price is consolidating above $0.4650 against the US Dollar, like Bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Could Rally Above $2,400
Ethereum price is eyeing an upside break above the $2,400 resistance against the US Dollar. ETH price is now trading above $2,300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,280 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,240 support zone. Ethereum price is consolidating above the $2,240 level against the US Dollar. ETH/USD could rise again if it...
Read More »Stellar Lumen (XLM) Price Grinds Lower As Bulls Lose Control
Stellar lumen price is moving lower below the $0.1120 pivot level against the US Dollar. XLM price is now trading below $0.1100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1095 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1080 support zone in the near term. Stellar lumen price is trading below $0.1120 against the US Dollar, like Bitcoin. XLM price could...
Read More »XRP Price Analysis: Risk of Downside Thrust Escalate
XRP price started a fresh decline from the $0.5400 resistance against the US dollar. The price is now trading below $0.5350 and the 55 simple moving average (4 hours). There is a connecting bearish trend forming with resistance near $0.5180 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.500 support zone. XRP price is struggling below $0.5350 against the US Dollar, unlike Bitcoin. The price could...
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