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Tag Archives: Trading

Tron (TRX) Price Analysis: Struggling To Stay Above Key Support, More Losses?

Tron price started a fresh decline from well above $0.0300 against the US Dollar.TRX price is now trading below the $0.0280 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could continue to move down if it fails to stay above the key $0.0265 support zone.TRON price started a fresh decline after it failed to stay above $0.0312 against the US Dollar, while...

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Bitcoin Price Analysis: BTC Could Extend Rally above $28.5K

Bitcoin price started a fresh upward move from the $26,000 support zone against the US Dollar.The price is now trading well above $27,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $27,150 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 $28,350 and $28,500 resistance levels.Bitcoin price is currently gaining momentum above $27,500 against the US Dollar. BTC...

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Bitcoin Preisanalysen fürs Jahresende 2020

Kommt es zum Jahresende nochmals zu einem Preisanstieg oder geht es doch wieder runter. Die Analysten sind derzeit gespalten, was die Richtung des Bitcoin-Preises angeht. Doch selbst die Pessimisten sehen keinen großen Absturz kommen. Bitcoin News: Bitcoin Preisanalysen fürs Jahresende 2020Am unteren Ende wird bis zum Neujahr maximal ein Preisabsturz bis 25.000 US-Dollar gesehen. Am oberen Ende geht es laut einiger Experten aber sogar in Richtung 30.000.Eine Analyse geht davon aus, dass der...

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Cardano (ADA) Price Analysis: Bulls Aim $0.20 or Higher

ADA price started a fresh increase above the key $0.1550 resistance against the US Dollar.The price is now trading well above $0.1700 and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.1650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards $0.1950 and $0.2000 in the coming sessions.Cardano price is showing positive signs above $0.1700 against the US Dollar, similar to bitcoin. ADA...

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Ethereum Price Analysis: ETH Correcting Gains, $680 Holds The Key

Ethereum price gained pace above $700 and traded to a new 2020 high at $748 against the US Dollar.ETH price is currently correcting lower below the $720 support, but it is above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $680 on the 4-hours chart (data feed from Coinbase).The pair is likely to find a strong buying interest near the $680 and $670 support levels.Ethereum price is slowly losing bullish momentum below $720 against the US...

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Ripple Price Analysis: Upsides Likely To Be Limited Above $0.35

Ripple price struggled to recover above $0.3800 and started a fresh decline against the US dollar.The price is now trading below the $0.3000 support zone and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.3850 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down below $0.2800 and $0.2650 in the near term.Ripple price is showing bearish signs below $0.3000 against the US Dollar. XRP...

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EOS Price Analysis: Vulnerable Below $2.65 and $2.80

EOS started a strong decline from well above the $2.800 support zone against the US Dollar.The price is currently correcting higher from $2.000, but it is well below the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support at $3.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move lower as long as it is below the $2.650 resistance level.EOS price started a fresh decline below $2.800 and $2.650...

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Litecoin (LTC) Price Analysis: More Losses Likely Below $100

Litecoin price started a steady decline from the $125 resistance zone against the US Dollar.LTC price even declined below the $100.00 level and spiked below the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $108.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $92.40 and $90.00 levels.Litecoin price is slowly moving lower from well above $110.00 against the US...

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Tron (TRX) Price Analysis: Key Support Nearby, Fresh Increase Likely

Tron price is approaching the main $0.0275 support zone against the US Dollar.TRX price is now trading with below the 55 simple moving average (4-hours), with a bearish angle.There was a break below a major bullish trend line with support near $0.0305 on the 4-hours chart (data feed via Bitfinex).The pair could start a fresh increase as long as the price is above the $0.0275 support.TRON price is moving lower and approaching the key $0.0275 support against the US Dollar, while bitcoin is well...

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Bitcoin Price Analysis: BTC Aim Fresh High Above $24,200

Bitcoin price started a fresh upward move from the $22,300 support zone against the US Dollar.The price is now trading well above $23,000 and the 55 simple moving average (4-hours).There is a key rising channel forming with support near $22,800 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 $24,000 and $24,200 resistance levels.Bitcoin price is currently showing bullish signs above $23,000 against the US Dollar. BTC...

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