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,...
Read More »Ripple Price Analysis: Chances of More Losses Below $0.24
Ripple price started a fresh decline after it faced as strong resistance near $0.2600 against the US dollar.The price is now trading well below the $0.2480 pivot level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower if there is a clear break below the $0.2380 support.Ripple price is trading is a negative zone below...
Read More »Bitcoin Cash Analysis: Uptrend Intact Above $245
Bitcoin cash price is trading nicely above the $235 and $245 resistance levels against the US Dollar.The price traded to a new monthly high at $266 and it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move as long as it is above the $245 support zone.Bitcoin cash price started a strong increase and it even broke...
Read More »EOS Price Analysis: Fresh Increase Likely Above $2.65
EOS started a downside correction after it failed to clear the $2.720 level against the US Dollar.The price is currently facing hurdles near $2.650 and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could either restart its upward move above $2.650 or decline further towards the $2.500 support.EOS price is struggling to gain pace above $2.700 against the...
Read More »Litecoin (LTC) Price Analysis: Key Supports Nearby, Bulls In Control
Litecoin price traded above the $48.00 and $50.00 resistance levels against the US Dollar.LTC price is currently trading above the $48.50 support level and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its upward move unless it breaks the $48.50 support zone in the near term.Litecoin price is showing positive signs above $48.00 against...
Read More »Tron (TRX) Price Analysis: Upside Continuation Likely Above $0.028
Tron price started a steady increase from $0.0240 and climbed towards $0.0280 against the US Dollar.TRX price is now trading well above the $0.0260 support and the 55 simple moving average (4-hours).There is a rising channel forming with support near $0.0263 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue higher if it clears the $0.0275 and $0.0280 resistance levels.TRON price is currently trading in a positive zone above $0.0260 against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Could Rally Further Above $11,500
Bitcoin price started a steady increase above the $11,000 resistance against the US Dollar.The price is now trading well above the $11,240 support and the 55 SMA (H4).There is a key bullish trend line forming with support near $11,320 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to rally further if it clears the $11,450 and $11,500 resistance levels.Bitcoin price is trading in a positive zone above the $11,240 pivot level against the US Dollar. BTC...
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