ADA price started a strong increase above the $1.350 and $1.400 resistance levels against the US Dollar. The price is now above the $1.400 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.2600 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.550 and $1.600 resistance levels. Cardano price is trading with a positive bias above $1.450 against the US Dollar,...
Read More »Ethereum Price Analysis: ETH Rallies Further, $2,500 Could Be Next
Ethereum price started a fresh increase above the $2,150 resistance against the US Dollar. ETH price is currently trading well above $2,200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2,220 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but there are high chances of more gains above $2,400 in the near term. Ethereum price is now gaining pace above $2,200 against the US...
Read More »Stellar Lumen (XLM) Price Eyeing Upside Break Above $0.65
Stellar lumen price is trading nicely above the $0.5000 resistance level against the US Dollar. XLM price is now trading well above $0.5500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.5500 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.6500 resistance as long as it is above the $0.5500 level. Stellar lumen price is showing positive signs above $0.5500 against...
Read More »Ripple Price Analysis: Rally Extends To $1.5, More Gains Likely
Ripple price started a strong increase above the $1.0000 and $1.200 resistance levels against the US dollar. The price is now well above $1.4000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to surge further above the $1.580 and $1.600 resistance levels. Ripple price is trading in a bullish zone above the...
Read More »EOS Price Analysis: Bulls Could Struggle Above $6.40
EOS started a fresh surge above the $5.500 and $6.000 resistance levels against the US Dollar. The price is currently trading well above the $5.500 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $6.380 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase, but the bulls might struggle above the $6.400 resistance zone. EOS price is still trading in...
Read More »Litecoin (LTC) Price Analysis: Holds Key Support Near $210
Litecoin price topped near the $245 level and corrected lower against the US Dollar. LTC price is now trading well above the $200 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $212 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher as long as there is no daily close below the $205 zone. Litecoin price is showing positive signs above $212 against the US...
Read More »Tron (TRX) Price Analysis: Rally Stable Above $0.10
Tron price started a fresh rally from the $0.0800 support zone against the US Dollar. TRX price is now trading above the $0.1000 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.1050 on the 4-hours chart (data feed via Bitfinex). The pair is likely to resume higher if it clears the $0.1300 and $0.1420 resistance levels in the near term. TRON price is trading in a positive zone above $0.1000 against the US...
Read More »Bitcoin Price Analysis: BTC Approaching Crucial Break
Bitcoin price failed to clear the $60,000 resistance and corrected lower against the US Dollar. The price is now trading below the $58,500 support and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $58,650 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong rally if there is a clear break above the $58,650 and $58,800 resistance levels. Bitcoin price is trading in a...
Read More »Cardano (ADA) Price Analysis: Bulls Eye Fresh Rally Above $1.25
ADA price failed to settle above $1.280 and corrected lower below $1.220 against the US Dollar. The price is now above the $1.160 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.220 on the 4-hours chart (data feed via Bitfinex). The price is likely to start a fresh rally once there is a clear break above the $1.220 resistance. Cardano price is trading above a major support at $1.160 against the US...
Read More »Ethereum Price Analysis: ETH Eyes Upside Break above $2,200
Ethereum price started a fresh increase above the $1,850 resistance against the US Dollar. ETH price is currently trading well above $2,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,080 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to aim more gains above $2,150 and $2,200. Ethereum price is now showing a lot of positive signs above $2,000...
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