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Tag Archives: Trading

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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Bitcoin Price Analysis: BTC Approaching Next Key Breakout

Bitcoin price is facing a strong resistance near $10,900 and $11,000 against the US Dollar.The price is holding the $10,600 support level and the 55 SMA (H4).There is a key breakout pattern forming with support near $10,600 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 $10,600 and $10,500 support levels.Bitcoin price is currently trading in a range above the $10,500 support against the US Dollar. BTC...

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Cardano (ADA) Price Analysis: Resistance Turned Support Near $0.10

ADA price gained traction and rallied above the $0.1000 resistance against the US Dollar.The price traded to a new monthly high at $0.1065 and settled above the 55 simple moving average (4-hours).There was a break below a major bearish trend line with resistance near $0.0860 on the 4-hours chart (data feed via Kraken).The price is currently correcting lower, but dips are likely to find support near $0.1000 or $0.0950.Cardano price is trading in a positive zone above $0.1000 against the US...

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Ethereum Price Analysis: ETH Could Nosedive Below $350

Ethereum price started an upside correction from the $313 swing low against the US Dollar.ETH price is currently struggling to clear the $365 resistance and trading just above the 55 simple moving average (4-hours).There was a break below a key ascending channel with support near $354 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $350 support level in the near term.Ethereum price is declining and trading below the $355 support against the US...

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Stellar Lumen (XLM) Price Could Rally Sharply if it Clears $0.078

Stellar lumen price is currently correcting higher from the $0.0668 low against the US Dollar.XLM price is currently trading above the $0.0720 resistance and the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.0740 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0760 and $0.0800 resistance levels.Stellar lumen price is showing recovery signs above $0.0720 against the US Dollar,...

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Ripple Price Analysis: Upside Continuation Likely Above $0.25

Ripple price is recovering nicely above the $0.2400 and $0.2420 resistance levels against the US dollar.The price is now trading nicely above $0.2420 and the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.2435 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to rise above the $0.2450 and $0.2500 resistance levels in the near term.Ripple price is showing positive signs above the $0.2400...

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Bitcoin Cash Analysis: $220 Holds The Key For Fresh Increase

Bitcoin cash price is currently recovering from the $200 support zone against the US Dollar.The price is facing a few important hurdles near $220 and the 55 simple moving average (4-hours).There is a connecting bearish trend line forming with resistance near $218 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally above the $220 resistance or reverse back towards the $200 handle.Bitcoin cash price is holding the key $200 support zone against the US...

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