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Tag Archives: Trading

EOS Price Analysis: Holding Ground Above Key Support

EOS traded to a weekly high at $2.755 before starting a downside correction against the US Dollar.The price is currently trading above $2.620 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $2.688 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could resume its rise if it clears the $2.700 and $2.720 resistance levels in the near term.EOS price is holding important supports above $2.600 against the US...

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Litecoin (LTC) Price Analysis: Holding Key Uptrend Support At $55

Litecoin price traded to a new monthly high at $60.92 before correcting lower against the US Dollar.LTC price is currently trading above the $55.00 support level and the 55 simple moving average (4-hours).There was a break below a major ascending channel with support near $56.15 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it stays above the $55.00 support in the near term.Litecoin price is correcting gains from the $61.00 zone...

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Tron (TRX) Price Analysis: Bulls Eyeing Upside Break above $0.028

Tron price started consolidating in a range above the $0.0265 support against the US Dollar.TRX price is showing positive signs above the $0.0265 level and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance at $0.0272 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase if there is a clear break above the $0.0275 resistance.TRON price is showing positive signs above $0.0250 against the US Dollar, while...

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Bitcoin Price Analysis: BTC Rallies Above $13.5K, More Gains Likely

Bitcoin price started a strong increase above the $13,000 and $13,500 resistance levels against the US Dollar.The price is now trading well above the $13,500 support and the 55 SMA (H4).There was a break above a key contracting triangle with resistance near $13,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to find support near the $13,500 and $13,350 levels.Bitcoin price is gaining pace above the $13,500...

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Bitcoin und Aktienmarkt entkoppeln sich

Bisher war es immer ein allgemeiner Bullenmarkt, der auch Bitcoin antrieb: stiegen die großen Indizes, stieg auch der BTC. Doch, angeschoben durch den aktuellen weltweiten Lockdown, zeigt sich zum ersten Mal eine deutliche Entkopplung von Bitcoin- und traditionellem Aktienmarkt. Bitcoin News: Bitcoin und Aktienmarkt entkoppeln sichVor allem der S&P 500 ist der Index, der bisher parallel zum Bitcoin verlief. Der US-Index dürfte der wichtigste Index des Marktes sein und gilt seit...

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Cardano (ADA) Price Analysis: Holding Support, But Facing Major Hurdles

ADA price declined below $0.1060, but it found support near $0.1000 against the US Dollar.The price is facing hurdles near $0.1055 and it is well below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.1054 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1055 resistance or it might revisit the $0.1000 support.Cardano price is trading below key hurdles near $0.1055 against the US Dollar, while...

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Ethereum Price Analysis: ETH Holding Important Support at $380

Ethereum price started a downside correction from the $421 swing high against the US Dollar.ETH price is currently trading well above $380 and testing the 55 simple moving average (4-hours).There was a break below a major declining channel with support near $400 on the 4-hours chart (data feed from Coinbase).The pair is currently holding the main $380 support level, but it must clear $402 for a fresh increase.Ethereum price is correcting losses and holding the $380 support against the US...

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Stellar Lumen (XLM) Price Could Correct Lower, $0.08 Holds The Key

Stellar lumen price traded to a new monthly high at $0.0878 against the US Dollar.XLM price is currently correcting lower below $0.0850 and testing the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.0840 on the 4-hours chart (data feed via Kraken).The pair could correct lower, but the $0.0800 and $0.0785 support levels might provide support.Stellar lumen price is trading in a positive zone above $0.0800 against the US Dollar, similar...

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Ripple Price Analysis: Chances of Fresh Rally above $0.26

Ripple price started a fresh increase after it cleared the $0.2500 resistance against the US dollar.The price is now trading well above the $0.2520 pivot level and the 55 simple moving average (4-hours).There are two bullish trend lines forming with support near $0.2520 and $0.2480 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2590 and $0.2600 resistance levels.Ripple price is trading is a bullish zone above...

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Bitcoin Cash Analysis: Upside Continuation Likely Above $270

Bitcoin cash price rallied and gained pace above the $250 and $265 resistance levels against the US Dollar.The price traded to a new monthly high at $275 and it is well above the 55 simple moving average (4-hours).There is likely a bullish continuation pattern forming with resistance near $272 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move if it clears the $272 and $275 resistance levels.Bitcoin cash price started a strong...

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