ADA price traded towards the $1.00 resistance level before correcting lower against the US Dollar.The price dived below $0.8000, but it recovered and settled above the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.8650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.9000 and $0.9200 resistance levels in the near term.Cardano price is showing positive signs above $0.8500 against the US...
Read More »Ethereum Price Analysis: ETH Bulls Aim A Test of $2,000
Ethereum price is holding gains above the $1,600 and $1,700 resistance levels against the US Dollar.ETH price is currently trading well above $1,750 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $1,730 on the 4-hours chart (data feed from Coinbase).The pair is likely to start a strong surge if it clears the $1,840 resistance level.Ethereum price is eyeing more upsides above $1,850 against the US Dollar. ETH/USD may soon test the $2,000...
Read More »Stellar Lumen (XLM) Price Approaching Key Uptrend Support at $0.44
Stellar lumen price started a fresh decline from the $0.6060 high against the US Dollar.XLM price is approaching the $0.4500 support and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.44020 on the 4-hours chart (data feed via Kraken).The pair could start a fresh increase as long as it is above the trend line and $0.4200.Stellar lumen price is correcting gains from the $0.6060 yearly high against the US Dollar, similar to bitcoin. XLM...
Read More »Ripple Price Analysis: Dips Likely Supported Near $0.50
Ripple price started a fresh increase above the 0.5000 and $0.5500 resistance levels against the US dollar.The price is now trading well above the $0.5000 zone and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.5400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to remain well bid above the $0.5200 and $0.5000 support levels in the near term.Ripple price is trading in a positive zone above $0.5000...
Read More »Bitcoin Cash Analysis: More Upsides Likely Above $550
Bitcoin cash price gained pace and was able to clear $500 against the US Dollar.The price is trading nicely above the $520 level and the 55 simple moving average (4-hours).There is a key ascending channel forming with support near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to clear the $550 resistance and continue higher towards $600 in the near term.Bitcoin cash price is gaining momentum above $520 against the US Dollar, similar to bitcoin....
Read More »EOS Price Analysis: Fresh Move Above $5 Likely In Near Term
EOS starred a strong increase and it cleared the $3.500 resistance against the US Dollar.The price is currently trading well above $3.800 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $4.200 and $4.500 resistance levels.EOS price is trading above a major pivot level at $3.800 against the US Dollar, while bitcoin is...
Read More »Litecoin (LTC) Price Analysis: Bulls Remain In Control Above $175
Litecoin price started a fresh increase from the $145 support zone against the US Dollar.LTC price is now trading well above $175 pivot level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains supported and it is likely to accelerate higher above the $185 and $190 levels.Litecoin price is showing positive signs above $175 against the US Dollar, while...
Read More »Tron (TRX) Price Analysis: More Gains Likely Above $0.05
Tron price is showing positive signs above the $0.0450 and $0.0420 support levels against the US Dollar.TRX price is now facing hurdles near $0.0480, but it is well above the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0480 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0480 resistance zone in the near term.TRON price is showing signs of more gains above $0.0480 against the US...
Read More »Bitcoin Price Analysis: BTC Eyes More Upsides To $50K
Bitcoin price rallied to a new all-time high near $48,250 against the US Dollar.The price is now consolidating above $45,500 and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $47,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $47,000 as long as there is no break below the $45,000 support.Bitcoin price is trading nicely in a major uptrend above $45,000 against the US Dollar. BTC...
Read More »Cardano (ADA) Price Analysis: Uptrend Intact Above $0.65
ADA price started a strong increase above the $0.6000 resistance level against the US Dollar.The price even cleared the $0.7000 level and settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.6550 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.7200 as long as it is above the $0.6500 support.Cardano price is holding gains above $0.6500 against the US Dollar, while bitcoin is surging....
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