Litecoin started a downside correction from the $77.00 zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.65 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $67.20 support. Litecoin price is correcting gains from $77.00 against the US Dollar, like Bitcoin. LTC price...
Read More »SOL Price Analysis: Solana Could Gain Momentum Above $105
Solana price started a fresh increase from the $88.00 zone against the US Dollar. The price is now trading above $95.00 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance at $104.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $104 and $105 to continue higher in the near term. Solana price is trading above $95 against the US Dollar, like Bitcoin. SOL could start a strong...
Read More »Bitcoin Price Analysis: BTC At Risk of More Downsides Below $42K
Bitcoin price started a fresh decline below the $45,000 level against the US Dollar. The price is now trading below $44,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $44,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $41,500 and $40,000 levels. Bitcoin price is declining below $45,000 against the US Dollar. BTC might extend losses...
Read More »Cardano (ADA) Price Analysis: Risk of Bearish Break Below $0.525
ADA price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.55 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.550 and $0.565 resistance levels. Cardano’s price is consolidating above $0.525 against the US Dollar, like Bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Eyes Fresh Rally Above $2,600
Ethereum price started a downside correction from the $2,720 resistance against the US Dollar. ETH price is now trading above $2,450 and the 55 simple moving average (4 hours). There is a key declining channel forming with support at $2,420 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,560 resistance zone. Ethereum price is declining below $2,600 against the US Dollar. ETH/USD remains at a risk of more...
Read More »Stellar Lumen (XLM) Price Could Take Hit Unless It Clears This Hurdle
Stellar lumen price is struggling to clear the $0.1265 resistance zone against the US Dollar. XLM price is now trading above $0.1185 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.1185 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1145 support zone in the near term. Stellar lumen price is trading below $0.1265 against the US Dollar, like Bitcoin. XLM price could...
Read More »XRP Price Analysis: Bulls Face An Uphill Task
XRP price started a fresh decline from the $0.624 resistance against the US dollar. The price is now trading above $0.580 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.562 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.540 support zone. XRP price is struggling below $0.600 against the US Dollar, unlike Bitcoin. The price could decline...
Read More »Bitcoin Cash Analysis: Bulls Aim For $300 or Higher
Bitcoin cash started a strong increase above the $245 and $250 levels against the US Dollar. The price is now trading above the $250 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $290 to continue higher in the near term. Bitcoin cash price is climbing above $260 against the US Dollar, like...
Read More »EOS Price Analysis: Bulls Face Key Hurdle at $0.78
EOS price started a fresh decline after it failed to stay above $0.880 against the US Dollar. The price is now trading below $0.800 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.7620 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 $0.7620 and $0.7800 resistance levels. EOS price is struggling below $0.800 against the US...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Fresh Rally Above This Resistance
Litecoin is gaining pace above the $68.00 resistance against the US Dollar. LTC price is now trading above $68.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.00 and $72.00 resistance levels. Litecoin price is recovering from the $63.50 zone against the US Dollar, like...
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