EOS started a fresh decline after a close below the $3.000 support against the US Dollar.The price is trading well below the $2.600 support and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $2.550 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher, but upsides are likely to face hurdles near $2.550 and $2.600.EOS price is back in a bearish zone below $2.500 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Upsides Likely To Be Capped Above $45
Litecoin price extended its decline below the $46.00 support zone against the US Dollar.LTC price traded as low as $41.69 and settled well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $46.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face a strong selling interest near the $46.00 and $46.50 levels in the near term.Litecoin price is currently trading in a bearish zone below the $46.00...
Read More »Erster Bitcoin-ETF noch in diesem Jahr verfügbar
Nachdem die Winklevoss Zwillinge jahrelang an einem Bitcoin-ETF gearbeitet haben, wird dieser nun ganz ohne ihr Mitwirken Realität. Allerdings wird der BTC-ETF vorerst nur über eine Börse der Bermudas erhältlich sein.Bitcoin News: Erster Bitcoin-ETF noch in diesem Jahr verfügbarHashdex aus Brasilien und Nasdaq haben sich zusammengetan, um den Bitcoin-ETF auf der Börse „Bermuda Dtock Exchange“ möglich zu machen. Das offizielle OK wurde bereits am 18. September gegeben und es wird erwartet,...
Read More »Cardano (ADA) Price Analysis: More Losses Likely Below $0.07
ADA price is down over 5% and it broke the key $0.0900 support zone against the US Dollar.The price is now trading well below $0.0860 and the 55 simple moving average (4-hours).There was a break below a key declining channel with support near $0.0855 on the 4-hours chart (data feed via Kraken).The price is likely to face hurdles near $0.0850 and $0.0900 if there is an upside correction.Cardano price is currently declining and trading well below $0.0900 against the US Dollar, similar to...
Read More »Ethereum Price Analysis: ETH Remains At Risk of More Losses
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...
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