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Tag Archives: Trading

Bitcoin Cash Analysis: Key Downside Break Below $850

Bitcoin cash price failed to stay above $1,000 and declined heavily against the US Dollar. The price is now trading well below the $850 support level and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $910 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to continue lower towards the $650 and $600 support levels in the near term. Bitcoin cash price is gaining pace below...

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EOS Price Analysis: Crucial Breakdown Support Nearby

EOS started topped near $8.872 and started a fresh decline against the US Dollar. The price is currently trading well below the $7.000 support and the 55 simple moving average (4-hours). There is a key contracting triangle forming with support near $6.200 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could either start a fresh rally above $6.70 or it might dive towards the $5.00 support. EOS price is holding a key support near the $6.00...

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Litecoin (LTC) Price Analysis: Risk of Downside Break To $220

Litecoin price topped near the $335 level and corrected lower against the US Dollar. LTC price is now trading well below the $300 level and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue lower if there is a downside break below the $250 support. Litecoin price is showing bearish signs below $280 against the US...

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Tron (TRX) Price Analysis: Bulls Could Face Hurdles Near $0.15

Tron price started a fresh decline from well above the $0.1700 zone against the US Dollar. TRX price is now trading below the $0.1500 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.1420 on the 4-hours chart (data feed via Bitfinex). The pair could correct higher, but the bulls must gain strength above $0.1500 for more gains. TRON price is holding the $0.1200 support zone against the US Dollar,...

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Bitcoin Price Analysis: BTC is Facing Uphill Task Near $58K

Bitcoin price started a sharp decline and it tested the $51,250 zone against the US Dollar. The price is now trading well below $58,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $58,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh rally if it breaks the $58,000 and $58,200 resistance levels. Bitcoin price declined sharply from well above $60,000 against...

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.05

ADA price started a strong decline from well above the $1.350 level against the US Dollar. The price is now well below the $1.300 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $1.305 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.100 and $1.050 support levels. Cardano price is declining and trading well below $1.200 against the US Dollar, similar...

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Ethereum Price Analysis: ETH Corrects Lower, $2,000 Holds The Key

Ethereum price started a fresh decline from well above $2,400 against the US Dollar. ETH price is currently trading well below $2,275 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $2,275 on the 4-hours chart (data feed from Coinbase). The pair is likely to find a strong buying interest near the $2,000 and $1,930 levels. Ethereum price is correcting gains below $2,300 against the US Dollar. ETH/USD could...

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Bitcoin-Trading-Apps: Inzwischen beliebter als Instagram und TikTok

Bitcoin Trading Foto CC0 Gemeinfrei via Unsplash Es ist super bequem unde jeder hat ein Smartphone heutzutag; Bitcoin kaufen und verkaufen geht einfacher denn je. Der Handel mit Kryptowährungen wird immer beliebter. Und jetzt kommt’s: Bitcoin-Trading-Apps haben jetzt sogar Facebook und Twitter in den Appstores verdrängt. Das Bitcoin-Comeback Vor einem Jahr sah es so aus, als wäre die Erfolgsgeschichte der Kryptowährungen bereits vorbei....

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Ripple Price Analysis: Risk of More Losses Below $1.35

Ripple price surged towards the $2.0 level before correcting lower against the US dollar. The price is now trading below the $1.65 support and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $1.620 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend its losses below $1.350 as long as it is below the $1.650 zone. Ripple price is struggling to hold gains above $1.350 resistance...

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Tron (TRX) Price Analysis: Bulls Aim More Upsides Above $0.15

Tron price started a fresh rally from the $0.1000 support zone against the US Dollar. TRX price is now trading above the $0.1200 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.1365 on the 4-hours chart (data feed via Bitfinex). The pair is likely to resume higher unless there are more downsides towards the $0.1000 support. TRON price is trading in a positive zone above $0.1200 against the US Dollar,...

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