Ethereum price started a fresh decline from well above $392 against the US Dollar.ETH price is currently trading below the $385 support and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $397 on the 4-hours chart (data feed from Coinbase).The pair is testing the $372 support and there is also a major support at $365.Ethereum price is declining and trading below $390 against the US Dollar. ETH/USD must stay above the $365 support to...
Read More »Stellar Lumen (XLM) Price Signaling Start of Fresh Increase To $0.085
Stellar lumen price traded as low as $0.0745 and it is currently recovering against the US Dollar.XLM price is facing hurdles near $0.0800 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0782 on the 4-hours chart (data feed via Kraken).The pair could start a strong increase if there is a clear break above the $0.0800 resistance zone.Stellar lumen price is showing signs of a fresh increase above $0.0750 against the US...
Read More »Ripple Price Analysis: Fresh Rally Likely if it Clears $0.246
Ripple price declined heavily from well above the $0.2500 level against the US dollar.The price traded as low as $0.2315 and settled below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.2460 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 $0.2440 and $0.2460 resistance levels.Ripple price is struggling to gain pace above $0.2425 against the US Dollar. XRP...
Read More »Bitcoin Cash Analysis: Correcting Gains, Key Supports Nearby
Bitcoin cash price rallied and gained pace above the $255 and $260 resistance levels against the US Dollar.The price traded to a new monthly high at $280 before starting a downside correction below $270.There is a key bullish trend line forming with support near $260 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to retest the $255 support zone before it starts a fresh increase in the near term.Bitcoin cash price remained in a bullish zone above $250...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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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