Tag Archives: Trading

Ripple price started a strong increase after forming a base above $0.2500 against the US dollar.The price is now trading well above the $0.5000 resistance and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.5050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair traded as high as $0.5806 and it is likely to continue higher.Ripple price is trading in a positive zone above $0.5000 against the US...

Bitcoin cash price declined after it failed to clear the $465 resistance against the US Dollar.The price even spiked below the $400 support and settled well below the 55 simple moving average (4-hours).There is a short-term rising channel forming with support near $390 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could recover above $420, but it might face a strong resistance near the $440 level.Bitcoin cash price is struggling to gain momentum above $400...

EOS failed to clear the $3.000 resistance and declined below $2.800 against the US Dollar.The price is currently trading well below $2.800 and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.650 and $2.800 resistance levels.EOS price is trading above a major support near $2.400 against the US Dollar, while...

Litecoin price started a fresh decline below the $135 and $130 support levels against the US Dollar.LTC price is trading just above the $120 support and it is well below the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face many hurdles such as $135 and $140.Litecoin price is showing bearish signs below $135 against...

Tron price is still facing a strong resistance near the $0.0325 and $0.0330 levels against the US Dollar.TRX price is now trading well below $0.0300 and the 55 simple moving average (4-hours).There was a break below a connecting bullish trend line with support near $0.0302 on the 4-hours chart (data feed via Bitfinex).The pair could revisit the $0.0280 support or even $0.0265 in the near term.TRON price is struggling to gain bullish momentum above $0.0320 against the US Dollar, similar to...

Bitcoin price is struggling to clear the $34,000 and $35,000 resistance levels against the US Dollar.The price is now trading well below $34,000 and the 55 simple moving average (4-hours).There are two major bearish trend lines forming with resistance near $34,000 and $34,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could decline sharply if it fails to stay above the $30,000 support zone.Bitcoin price is showing a few bearish signs below $35,000 against the...

ADA price found support near $0.2780 and recovered above $0.3200 against the US Dollar.The price is now facing hurdles near $0.3500 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $0.3600 on the 4-hours chart (data feed via Kraken).The price is likely to start a fresh increase if it clears the key $0.3600 resistance zone.Cardano price is holding gains above $0.3200 against the US Dollar, while bitcoin is declining. ADA price is...

Ethereum price traded to a new all-time high at $1,478 before correcting lower against the US Dollar.ETH price is currently testing the $1,330 support and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $1,200 on the 4-hours chart (data feed from Coinbase).The pair could eye a fresh increase above the $1,400 and $1,450 resistance levels.Ethereum price is trading in a bullish zone above $1,200 against the US Dollar. ETH/USD is likely to make...

Stellar lumen price remained stable above $0.2200 and recovered above $0.2600 against the US Dollar.XLM price is facing hurdles near $0.2850 and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.2840 on the 4-hours chart (data feed via Kraken).The pair could start a major bullish wave once it clears the $0.2840 and $0.3000 resistance levels.Stellar lumen price is showing positive signs above $0.2500 against the US Dollar, similar to...

Ripple price is holding the key $0.2560 support zone against the US dollar.The price is still facing many hurdles near $0.3000 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.2820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could accelerate higher once it clears the $0.2820 and $0.2840 resistance levels.Ripple price is trading in a positive zone above $0.2560 against the US Dollar. XRP price must...