Tag Archives: Trading

ADA price rallied towards the $0.3500 level before correcting lower against the US Dollar.The price is now facing hurdles near $0.3000, but trading above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2200 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher once it clears the $0.3000 resistance zone in the near term.Cardano price is recovering losses from the $0.2200 support zone against the US Dollar,...

Ethereum price declined heavily after trading to a new yearly high at $1,350 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $920 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher if it clears the $1,125 and $1,130 resistance levels in the coming sessions.Ethereum price is recovering nicely from the $920 zone against the US...

Stellar lumen price rallied significantly towards $0.4500 before correcting lower against the US Dollar.XLM price is now trading below the $0.2800 support, and testing the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $0.2850 on the 4-hours chart (data feed via Kraken).The pair is likely to find a strong buying interest near $0.2200 and $0.2000 support levels.Stellar lumen price is gaining bearish momentum below $0.3000 against the...

Ripple price failed to clear $0.3700 and started a strong decline below $0.3000 against the US dollar.The price is now holding the key $0.2550 support level and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2560 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong recovery wave as long as the price above $0.2550 and $0.2560.Ripple price is down over 20% from well above $0.3500 against the US...

Bitcoin cash price started a strong increase above the $400 resistance against the US Dollar.The price surged towards the $500 resistance and settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $420 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase as long as it is above the $420 and $400 levels in the near term.Bitcoin cash price started a strong increase above $400 against...

EOS started a strong surge from well below the $2.800 zone against the US Dollar.The price is currently trading well above $3.200 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support at $2.950 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to be limited below $3.200 and $3.000.EOS price started a fresh rally above $3.000 and $3.200 against the US Dollar, similar to...

Litecoin price started a fresh increase above $150 against the US Dollar.LTC price extended its rise towards the $175 level settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $175 resistance zone in the near term.Litecoin price is following a bullish path above $150 against the US Dollar, similar to...

Tron price spiked above $0.3100, but it failed to accelerate higher against the US Dollar.TRX price is now trading above the $0.0280 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0310 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase towards $0.3100 or it might decline to $0.0250.TRON price is showing positive signs above $0.0280 and $0.0265 against the US Dollar, while bitcoin is...

Bitcoin price remained in a strong uptrend above $28,000 and $30,000 against the US Dollar.The price is now trading well above $34,000 and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $31,300 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 $35,500 and $38,800 resistance levels.Bitcoin price is currently gaining momentum above $34,000 against the US Dollar. BTC...

ADA price rallied above the $0.2000 and $0.2200 resistance levels against the US Dollar.The price is now correcting lower below $0.2100, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1900 on the 4-hours chart (data feed via Kraken).The price is likely to remain well supported on the downside near the $0.1900 zone.Cardano price is slowly moving lower from well above $0.2200 against the US Dollar, similar to bitcoin. ADA...