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...
Read More »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...
Read More »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...
Read More »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...
Read More »EOS Price Analysis: Accelerating Gains Above $2.60
EOS started a strong upward move from the $2.500 support level against the US Dollar.The price is currently trading above $2.600 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $2.560 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to rise towards the $2.720 and $2.800 resistance levels in the near term.EOS price is showing positive signs above the $2.600 level against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Strong Uptrend In Place Above $50
Litecoin price started a strong upward move above the $48.50 and $50.00 resistance levels against the US Dollar.LTC price is currently trading above the $54.00 support level and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $48.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above $55.50 and $56.50 in the near term.Litecoin price is trading in a strong uptrend above...
Read More »Tron (TRX) Price Analysis: Increase In Volatility Above $0.025
Tron price started a strong rally after forming a support base above $0.0250 against the US Dollar.TRX price rallied to $0.0300 before trimming almost all gains to test the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $0.0258 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0255 and $0.0250.TRON price surged towards $0.0300 and recently declined heavily against the US...
Read More »Cardano (ADA) Price Analysis: Trading Near Make-or-Break Levels
ADA price is showing positive signs above the $0.1050 resistance against the US Dollar.The price is facing hurdles near $0.1110, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1070 on the 4-hours chart (data feed via Kraken).The price could either decline towards the $0.1025 support or it might continue to rise towards $0.1150.Cardano price is showing positive signs above the $0.1050 level against the US Dollar, similar...
Read More »Ethereum Price Analysis: ETH Gaining Momentum Above $375
Ethereum price started a fresh increase after it settled above the $360 zone against the US Dollar.ETH price is currently trading well above $372 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $376 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating gains, but it is likely to start a fresh increase above $380.Ethereum price is showing positive signs above $372 and $376 against the US Dollar. It seems like...
Read More »Stellar Lumen (XLM) Price Aiming More Upsides Above $0.085
Stellar lumen price is gaining pace above the $0.0800 resistance level against the US Dollar.XLM price traded as high as $0.0837 and it is now well above the 55 simple moving average (4-hours).There is a declining channel or a bullish flag forming with resistance near $0.0812 on the 4-hours chart (data feed via Kraken).The pair could resume its upward move once it clears the $0.0812 and $0.0820 resistance levels.Stellar lumen price is showing bullish signs above $0.0780 against the US Dollar,...
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