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Tag Archives: Trading

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...

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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...

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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...

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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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EOS Price Analysis: Positive Signs Emerge Above $2.7

EOS is currently consolidating losses in a range above the $2.665 support against the US Dollar.The price is facing many hurdles near $2.850, $3.000, and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could nosedive if it continues to struggle near the $3.000 resistance zone.EOS price is showing a few recovery signs against the US Dollar, similar...

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Litecoin (LTC) Price Analysis: Fresh Bullish Breakout Likely Above $50

Litecoin price is currently consolidating losses above the $45.00 and $46.00 support levels against the US Dollar.LTC price is currently testing the $49.20 resistance level and it is well below the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $49.25 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $49.50 and $50.00 resistance levels to move into a positive zone.Litecoin price is currently...

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Wieder zeigen S&P500 und Bitcoin dieselbe Kursbewegung

Der BTC ist eingebrochen. Noch hält er sich zwar 5-stellig, aber die letzten Tage haben ungefähr 20 Prozent des Jahreshochs eliminiert. Doch die Kursschwäche des Bitcoin lässt sich nur schwer mit dem Bitcoin selbst oder dem BTC-Network erklären. Der wichtigste US-Index deutet an, woran es liegen könnte.Bitcoin News: Wieder zeigen S&P500 und Bitcoin dieselbe KursbewegungDer S&P500 ist der wichtigste US-Index, und damit wahrscheinlich der wichtigste Index der Welt. Interessant ist, dass...

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Cardano (ADA) Price Analysis: Trading Near Make-or-Break Levels

ADA price extended its decline below the $0.1000 support zone against the US Dollar.The price is currently consolidating above the key $0.0850 support, but it is below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0950 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0950 and $0.1000 levels in the near term.Cardano price is currently consolidating above $0.0850 against the US...

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Ethereum Price Analysis: ETH Eyes Recovery Above $360 & $370

Ethereum price declined sharply below $400 and found support near $310 against the US Dollar.ETH price is likely forming a support base above $310 and it might start a decent recovery.There is a key bearish trend line forming with resistance near $355 on the 4-hours chart (data feed from Coinbase).The pair could recover towards the 55 simple moving average (4-hours) if it clears the $360 resistance.Ethereum price is showing a few positive signs above $340 against the US Dollar. It seems like...

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Stellar Lumen (XLM) Price Could Recover If It Breaks $0.08

Stellar lumen price started a major decline from the $0.1020 resistance against the US Dollar.XLM price is now trading well below the $0.0825 support and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.0785 on the 4-hours chart (data feed via Kraken).The pair could start a decent recovery if it clears the $0.0800 and $0.0825 resistance levels.Stellar lumen price is trading in a bearish zone below $0.0800 against the US Dollar, similar to...

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