Tag Archives: Trading

Tron price started a strong decline after rallying towards the $0.0400 level against the US Dollar.TRX price is now trading below the $0.3500 level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0300 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0300 and $0.0275.TRON price is trading in a positive zone above $0.0300 against the US Dollar, similar to bitcoin....

Bitcoin price traded to a new 2020 high at $19,919 before correcting lower against the US Dollar.The price is trading below $19,000, but it is still above the 55 SMA (H4) and the $18,000 support.There is a connecting bullish trend line forming with support near $18,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $18,050 and $18,000 levels.Bitcoin price is currently correcting gains from well above $19,800...

ADA price found support near $0.1250 and started a fresh increase against the US Dollar.The price is back above the $0.1580 resistance level and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1580 on the 4-hours chart (data feed via Kraken).The price is likely to rise sharply if it clears the $0.1780 and $0.1800 resistance levels.Cardano price is showing a lot of positive signs above $0.1600 against the US Dollar, similar to bitcoin....

Ethereum price found support near the $480 level and started a fresh increase against the US Dollar.ETH price is currently trading well above $585 and the 55 simple moving average (4-hours).There was a break above a key bearish trend with resistance near $558 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher above the $620 and $625 resistance levels.Ethereum price is gaining momentum above the $585 resistance against the US Dollar. ETH/USD is likely to...

Stellar lumen price is trading in a nice bullish zone well above $0.1500 against the US Dollar.XLM price is facing hurdles near $0.2100, but it is well above the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.2080 on the 4-hours chart (data feed via Kraken).The pair could rise sharply if it clears the $0.2000, $0.2080, and $0.2100 resistance levels.Stellar lumen price is rising again and trading above $0.1800 against the US Dollar,...

Ripple price remained well supported near the $0.4500 and $0.4750 levels against the US dollar.The price is trading nicely above $0.6000 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.6180 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher above the $0.6500 and $0.6750 resistance levels.Ripple price is rising and trading above key supports at $0.5800 against the US...

Bitcoin cash price started a sharp decline after trading as high as $373 against the US Dollar.The price broke the $300 support and settled below the 55 simple moving average (4-hours).There was a break below a crucial contracting triangle with support at $320 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could restart its upward move if there is a clear break above the $280 and $288 levels.Bitcoin cash price is holding the $250 support zone and recovering...

EOS rallied towards the $3.900 level before correcting lower against the US Dollar.The price is currently trading below the $3.300 support and testing the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.120 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could retest the $3.000 support zone before a fresh increase in the near term.EOS price started a sharp decline after it failed to test $4.000 against the US...

Litecoin price surged above $85.00 and traded as high as $94.09 against the US Dollar.LTC price started a sharp downside correction below $80.00 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $71.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported as long as there is no close below the $70.00 support zone.Litecoin price is currently correcting gains from $94.00 against the US Dollar,...

Tron price surged and cleared the $0.0300 and $0.0320 resistance levels against the US Dollar.TRX price tested the $0.0380 barrier and settled above the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0335 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0330 and $0.0300.TRON price is trading in a positive zone above $0.0320 against the US Dollar, similar to bitcoin. TRX...