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Tag Archives: Trading

Litecoin (LTC) Price Analysis: $45 Support Holds The Key For Upside Break

Litecoin price is slowly recovering and trading above the $45.00 support zone against the US Dollar.LTC price is currently facing a major hurdle near the $47.00 and $48.20 levels.There is a key bullish trend line forming with support near $45.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to climb higher unless it breaks the $45.00 support zone in the near term.Litecoin price is currently trading in a range above $45.00 against the US Dollar, similar...

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Tron (TRX) Price Analysis: Signaling Bearish Continuation Below $0.024

Tron price is trading in a bearish zone below the $0.0285 and $0.0300 resistance levels against the US Dollar.TRX price is now trading well below the $0.0265 pivot and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0278 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue lower and it could dive if it clears the $0.0240 support zone.TRON price is currently trading in a bearish zone below $0.0265 against the US...

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Bitcoin Price Analysis: BTC At Risk of a Larger Breakdown

Bitcoin price failed to surpass the $10,800 resistance and declined against the US Dollar.The price is now trading well below the $10,800 resistance and the 55 SMA (H4).There is a major breakout pattern forming with support near $10,540 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to decline sharply if there is a break below the $10,540 and $10,500 support levels.Bitcoin price is currently showing a few bearish signs below $10,700 against the US...

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Cardano (ADA) Price Analysis: Fresh Rally Likely if it Clears $0.10

ADA price is showing positive signs and trading above the $0.0950 support against the US Dollar.The price is facing hurdles near $0.1000, and testing the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.1000 on the 4-hours chart (data feed via Kraken).The price is likely to rally and accelerate higher if it clears the main $0.1000 resistance.Cardano price is recovering and approaching a major breakout against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Reaches Crucial Breakout Zone

Ethereum price started an upside correction from the $335 support against the US Dollar.ETH price is currently struggling to clear the $355 resistance and trading near the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $352 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $355 resistance or it might start a fresh decline below $350.Ethereum price is approaching a major breakout zone near $355 against the US...

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Stellar Lumen (XLM) Price Facing Uphill Task Near $0.075

Stellar lumen price seems to be forming a support base above $0.0700 against the US Dollar.XLM price is currently facing hurdles near $0.0750 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0750 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0750 and $0.0760 resistance levels.Stellar lumen price is showing recovery signs above $0.0700 against the US Dollar, similar to bitcoin....

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Ripple Price Analysis: Early Signs of Key Upside Break Above $0.25

Ripple price is gaining pace above the $0.2400 and $0.2450 resistance levels against the US dollar.The price is now trading nicely above $0.2450 and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.2415 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could gain bullish momentum if it manages to clear the $0.2550 resistance zone.Ripple price is trading with a bullish bias above $0.2420 against the...

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Bitcoin Cash Analysis: Trading Near Key Breakdown Support

Bitcoin cash price failed to clear the $235 resistance and declined sharply against the US Dollar.The price is now trading near the key $220 support and the 55 simple moving average (4-hours).There was a break below a crucial bullish trend line with support near $227 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either continue lower towards $200 or it might recover from the $220 support.Bitcoin cash price is struggling to hold gains above $220 against the...

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EOS Price Analysis: Here’s Why Break Above $2.65 Is Crucial

EOS started a decent recovery wave above the $2.450 and $2.500 resistance levels against the US Dollar.The price is trading nicely above $2.550 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could accelerate higher if there is a clear break above the $2.650 resistance zone.EOS price is slowly moving in the positive zone above $2.550 against...

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Litecoin (LTC) Price Analysis: Bulls Eyeing Upside Break Above $48

Litecoin price is slowly recovering and trading above the $45.00 resistance zone against the US Dollar.LTC price is now trading above $46.20 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $45.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the key $47.30 resistance zone in the near term.Litecoin price is currently showing positive signs above $45.00...

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