Tag Archives: Trading

Bitcoin price started a fresh decline from well above $58,000 against the US Dollar. The price is now trading below the $55,000 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $56,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower below the $53,200 and $53,000 support levels in the near term. Bitcoin price is holding a major support above...

ADA price topped near the $1.450 level and started a fresh decline against the US Dollar. The price is now trading below the $1.200 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.070 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of more losses below the $1.070 and $1.050 support levels. Cardano price is showing bearish signs below $1.200 against the US Dollar, similar to...

Ethereum price failed to clear the $1,850 resistance and declined heavily against the US Dollar. ETH price is currently trading well below $1,800 and the 55 simple moving average (4-hours). There was a break below a rising channel with support near $1,788 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue lower towards the $1,600 and $1,500 support levels in the near term. Ethereum price is slowly moving lower from $1,800 against the US...

Stellar lumen price is facing resistance near $0.4100 and $0.4350 against the US Dollar. XLM price is now consolidating near $0.4000 and above the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4000 on the 4-hours chart (data feed via Kraken). The pair must clear the $0.4100 and $0.4350 resistance levels to start a strong increase. Stellar lumen price is forming a base above the $0.4000 level against the US Dollar,...

Ripple price is showing positive signs above the $0.4980 and $0.5000 resistance levels against the US dollar. The price is now well above $0.5000 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.4960 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to start a strong increase above the $0.5250 and $0.5300 resistance levels. Ripple price is trading in a positive zone above the...

Bitcoin cash price declined from well above $550 and tested $500 against the US Dollar. The price is now trading well below the $550 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a fresh increase if there is a break above $545 and $550. Bitcoin cash price is likely preparing for a fresh increase above $550...

EOS is gaining pace from the $3.680 support base against the US Dollar. The price is currently trading above the $4.000 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.900 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $4.250 and $4.500 resistance levels. EOS price is showing positive signs above $4.000 against the US Dollar, similar...

Litecoin price is recovering from the $190 support zone against the US Dollar. LTC price is now trading above the $200 level and testing the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $210 resistance to start a strong increase in the near term. Litecoin price is consolidating above $195 and $200 against the US Dollar, while...

Tron price is consolidating in a range above the $0.0480 support against the US Dollar. TRX price is now trading above the $0.0500 support and the 55 simple moving average (4-hours). There was a break above a connecting bearish trend line at $0.0510 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0545 and $0.0550 resistance levels in the near term. TRON price is trading in a range above $0.0480 against the US Dollar,...

Bitcoin price started a downside correction from well above $60,000 against the US Dollar. The price is now trading near the $55,000 support and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $54,550 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if it clears the $58,000 and $58,200 resistance levels in the near term. Bitcoin price is holding a major...