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Tag Archives: Trading

Cardano (ADA) Price Analysis: Bulls Eye Fresh Rally above $0.36

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...

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Ethereum Price Analysis: ETH Retreats Lower, Dips Remain Supported

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...

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Stellar Lumen (XLM) Price Setting Up for Bullish Break If It Clears $0.30

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...

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Ripple Price Analysis: Bulls Eye Key Upside Break above $0.30

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...

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Bitcoin Cash Analysis: Strong Support Forming Near $400

Bitcoin cash price declined heavily below $500 and $450 against the US Dollar.The price is holding the key $400 support, but it is well below the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $490 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to recover sharply as long as it is above the $400 and $385 support levels.Bitcoin cash price is down over 20% from well above $500 against the US Dollar,...

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EOS Price Analysis: Bulls Likely Eyeing Fresh Rally Above $3

EOS remained in a range below the $2.950 and $3.000 resistance levels against the US Dollar.The price is currently trading near the $2.720 support and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $2.700 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 $2.950 and $3.000 resistance levels.EOS price is trading in a key range below the $3.000 resistance against the US...

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Litecoin (LTC) Price Analysis: Holding Uptrend Support at $140

Litecoin price struggled to clear the $165 resistance and corrected lower against the US Dollar.LTC price is trading close to the $140 support zone and the 55 simple moving average (4-hours).There is a major rising channel forming with support near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a fresh increase towards $165 or decline heavily below $140 in the near term.Litecoin price is struggling to gain bullish momentum above $150...

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Tron (TRX) Price Analysis: Risk of Downside Break Below $0.030

Tron price topped near the $0.0325 level and started a fresh decline against the US Dollar.TRX price is now trading well below $0.0312, but it is near the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.0291 on the 4-hours chart (data feed via Bitfinex).The pair could decline heavily if there is a clear close below $0.0290 and $0.0285 in the near term.TRON price is showing bearish signs below $0.0320 and $0.0325 against the US Dollar,...

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Bitcoin Price Analysis: BTC Signaling Sharp Downside Correction

Bitcoin price is struggling to clear the $37,800 and $38,000 resistance levels against the US Dollar.The price is now trading well below $36,000 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could decline sharply if it clears the $35,200 and $35,000 support levels.Bitcoin price is slowly moving lower below $36,000 against the US Dollar. BTC could...

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Cardano (ADA) Price Analysis: Dips Supported Near $0.32

ADA price rallied above the $0.3000 and $0.3500 resistance levels against the US Dollar.The price is now correcting gains from $0.3982 and it is well above the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $0.3220 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher as long as it is above the $0.3200 support in the near term.Cardano price is correcting gains from the $0.4000 zone against the US Dollar, while...

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