Ethereum price is eyeing an upside break above the $2,350 resistance against the US Dollar. ETH price is now trading above $2,280 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $2,250 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,240 support zone. Ethereum price is consolidating above the $2,280 level against the US Dollar. ETH/USD could rise...
Read More »Stellar Lumen (XLM) Price At Risk of Another Drop To $0.10
Stellar lumen price is moving lower from the $0.1165 resistance zone against the US Dollar. XLM price is now trading below $0.1150 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.1152 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1120 support zone in the near term. Stellar lumen price is trading below $0.1160 against the US Dollar, like Bitcoin. XLM price...
Read More »XRP Price Analysis: Bulls Struggle To Clear Key Hurdles
XRP price started a fresh decline from the $0.5550 resistance against the US dollar. The price is now trading below $0.540 and the 55 simple moving average (4 hours). There is a key bearish trend forming with resistance near $0.5300 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.510 support zone. XRP price is struggling below $0.555 against the US Dollar, unlike Bitcoin. The price could decline...
Read More »Bitcoin Cash Analysis: Bears Gain Strength Below $250
Bitcoin cash price started a fresh decline from the $260 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $240 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...
Read More »EOS Price Analysis: Indicators Suggest Bearish Bias Below $0.72
EOS price started a fresh decline after it failed to stay above $0.750 against the US Dollar. The price is now trading below $0.7350 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.710 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.7000 and $0.7100 resistance levels. EOS price is struggling below $0.700 against the US...
Read More »Litecoin (LTC) Price Analysis: Bears Aim For More Losses Below $60
Litecoin started a fresh decline from the $72.00 resistance zone against the US Dollar. LTC price is now trading below $68.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $63.20 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...
Read More »Solana (SOL) Price Analysis: Bears Take Control Below $90
Solana price gained bearish momentum below the $90 level against the US Dollar. The price is now trading below $88 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $85.80 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $90 resistance. Solana price is trading in a bearish zone below $90 against the US Dollar, like Bitcoin....
Read More »Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold?
Bitcoin price started a fresh decline below the $42,000 level against the US Dollar. The price is now trading below $42,500 and the 55 simple moving average (4 hours). There are two bearish trend lines forming with resistance near $40,950 and $41,650 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could face heavy resistance near the $41,500 zone in the near term. Bitcoin price is declining below $42,000 against the US Dollar. BTC might...
Read More »Cardano (ADA) Price Analysis: Bears In Control Below $0.50
ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.515 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4980 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.500 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Retreats Lower From $2,700
Ethereum price started a downside correction from the $2,700 resistance against the US Dollar. ETH price is now trading below $2,550 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with support at $2,400 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,400 resistance zone. Ethereum price is declining below $2,550 against the US Dollar. ETH/USD remains at a risk of more...
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