Ethereum price failed to clear the $400 barrier and declined recently against the US Dollar.ETH price is trading below the $352 support level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $375 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $330 support level in the near term.Ethereum price is declining and trading below the $352 support against the US Dollar. It seems like...
Read More »Stellar Lumen (XLM) Price Trading Near Key Inflection Zone Below $0.08
Stellar lumen price remained in a bearish zone and it tested the $0.0720 support zone against the US Dollar.XLM price is currently declining below $0.0780 and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $0.0780 on the 4-hours chart (data feed via Kraken).The pair could either nosedive below $0.0740 or it might correct above the $0.0800 resistance.Stellar lumen price is struggling to recover above $0.0800 against the US Dollar, similar...
Read More »Bitcoin Cash Analysis: Bulls Aiming Crucial Upside Break
Bitcoin cash price is slowly moving higher and it is trading above $225 against the US Dollar.The price is currently consolidating below the $240 resistance and above the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $236 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally above the $240 resistance or dive back towards the $200 handle.Bitcoin cash price is showing positive signs above the $225...
Read More »EOS Price Analysis: Upside Break, Bulls Eyeing Fresh Recovery
EOS gained pace from the $2.575 support and climbed higher against the US Dollar.The price is trading above the $2.70 resistance and testing the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to rise if there is a clear break above the $2.800 resistance zone.EOS price is showing a few positive signs against the US Dollar, similar to...
Read More »Tron (TRX) Price Analysis: More Downsides Possible Towards $0.022
Tron price failed to stay above the key $0.0320 and $0.0300 support levels against the US Dollar.TRX price is now trading below the $0.0285 support and the 55 simple moving average (4-hours).There was a break below a declining channel with support near $0.0276 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue lower towards the $0.0225 support zone in the near term.TRON price failed to hold gains and declined steadily against the US Dollar and bitcoin. TRX price is...
Read More »Bitcoin Price Analysis: BTC Eyeing Crucial Upside Break
Bitcoin price found support near the $9,800 area and recently corrected higher.The price is trading above the $10,500 level and the 55 SMA (H4).There is a major rising channel forming with support near $10,560 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must break the $10,960 and $11,120 resistance levels to continue higher in the near term.Bitcoin price is currently recovering higher above $10,500 against the US Dollar. BTC is likely to clear the $10,950...
Read More »Cardano (ADA) Price Analysis: Bulls Eye Upside Break Above $0.10
ADA price is currently consolidating above the $0.0920 support zone against the US Dollar.The price is facing a strong resistance near the $0.0980 level, but it is above the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0985 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0985 and $0.1000 resistance levels in the near term.Cardano price is currently consolidating above $0.0920...
Read More »Ethereum Price Analysis: ETH Could Gain Momentum Above $390
Ethereum price is recovering nicely and trading above the $355 resistance against the US Dollar.ETH price is showing positive signs above $370 and the 55 simple moving average (4-hours).There is a crucial rising channel forming with support near $363 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it clears the $390 and $400 resistance levels.Ethereum price is showing many positive signs above $355 against the US Dollar. It seems like ETH/USD is aiming a...
Read More »Stellar Lumen (XLM) Price Could Nosedive Below The 55 SMA
Stellar lumen price started a steady recovery wave from the $0.0722 low against the US Dollar.XLM price tested the $0.0850 resistance zone and it is now testing the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $0.0790 on the 4-hours chart (data feed via Kraken).The pair could either nosedive below the 55 SMA or it might rise further above the $0.0850 hurdle.Stellar lumen price is struggling to gain pace against the US Dollar, similar to...
Read More »Ripple Price Analysis: Holding Key Support For Fresh Increase
Ripple price is still consolidating above the $0.2300 and $0.2350 support levels against the US dollar.The price is trading well below the $0.2550 resistance, but it is above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $0.2395 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher above $0.2500 as long as there is no close below $0.2300.Ripple price is trading in a range above the $0.2300...
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