Stellar lumen price started a steady decline from the $0.1180 resistance zone against the US Dollar.XLM price declined below the $0.1080 support level and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.1050 on the 4-hours chart (data feed via Kraken).The pair could extend its decline towards the $0.0950 support before it might start a fresh increase.Stellar lumen price is slowly moving lower below $0.1050 against the US Dollar, while...
Read More »Bitcoin Price Analysis: BTC Could Restart Rally If It Clears This Hurdle
Bitcoin price is holding a couple of important supports near the $11,200 level.The price is slowly rising, but it struggling to clear $11,600 and the 55 SMA (H4).There is a key bullish trend line forming with support near $11,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must clear the 55 SMA and the $11,600 resistance to restart its rally in the near term.Bitcoin price is showing a few positive signs above $11,000 against the US Dollar. However, BTC must...
Read More »Tron (TRX) Price Analysis: Trading Near Breakdown Zone In Uptrend
Tron price started a steady decline after it failed to clear the $0.0220 resistance against the US Dollar.TRX price declined below the $0.0205 support zone and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.0196 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase above $0.0200 or it might extend decline below $0.0195.TRON price is struggling to stay in a positive zone against the US Dollar, similar...
Read More »Ethereum Price Analysis: ETH Trading Near Key Inflection Point
Ethereum price started a downside correction after it failed to clear the $400 barrier against the US Dollar.ETH price is currently declining and it is trading below the $380 support level.There was a break below a major bullish trend line with support near $380 on the 4-hours chart (data feed from Coinbase).The pair is currently following a key declining channel and it is approaching the $365 support zone.Ethereum price is currently correcting lower from the $400 barrier against the US...
Read More »Neuer Schlüsselwiderstand für Bitcoin bei 12.000 US-Dollar
Mehrfach wurde die positive Marktbewegung in den letzten Tagen bei 12.000 US-Dollar gestoppt. Eine widerspenstige Rejection hat sich hier etabliert, die einen Durchbruch in Höhere Gefilde verhindert. Analysten werfen ihr Auge auf 14.000 US-Dollar, sobald dieser Widerstand gefallen ist. Doch fällt er wirklich?Bitcoin News: Neuer Schlüsselwiderstand für Bitcoin bei 12.000 US-DollarFür den Widerstand gibt es derzeit mehrere Gründe. Einige Analysten sehen den Gold- und Silbermarkt als Hindernis...
Read More »Ripple Price Analysis: Rally Could Resume If It Clears $0.30
Ripple price started a downside correction from the $0.3250 resistance zone against the US dollar.The price corrected lower, but it is holding the main $0.2800 support zone.There is a key declining channel forming with resistance near $0.2990 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.3000 and $0.3020 resistance levels.Ripple price is trading in a positive zone above $0.2800 against the US Dollar. XRP...
Read More »Cardano (ADA) Price Analysis: Price Action Suggests More Upsides
ADA price is facing a strong resistance near the $0.1480 and $0.1500 levels against the US Dollar.The price is currently trading nicely above the $0.1380 support and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.1485 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1500 pivot level.Cardano price is currently consolidating above the $0.1400 zone against the...
Read More »Bitcoin Price Analysis: BTC Must Stay Above $11,000 For Fresh Rally
Bitcoin price rallied to a new multi-month high at $12,131 correcting lower.The price traded as low as $10,560 and it recently recovered above the $11,000 level.There is a connecting bullish trend line forming with support near $11,040 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the main $11,000 support zone to start a fresh rally in the near term.Bitcoin price is holding a couple of important supports near $11,000 against the US Dollar. BTC...
Read More »Ethereum Price Analysis: ETH Could Rally Again If It Clears $400
Ethereum price rallied to a new multi-month high at $418 before correcting lower against the US Dollar.ETH price is currently trading nicely above the $380 and $375 support levels.There is a key breakout pattern forming with resistance near $400 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $400 resistance in the near term.Ethereum price is showing positive signs above the $375 pivot level against the US Dollar. ETH/USD is likely to...
Read More »Stellar Lumen (XLM) Price Could Resume Rally Above $0.106 & $0.110
Stellar lumen price rallied above the $0.1100 level and tested $0.1160 against the US Dollar.XLM price corrected lower sharply, but it found support above $0.0950 and $0.0920.There is a major bullish trend line forming with support near $0.1020 on the 4-hours chart (data feed via Kraken).The pair could resume its upward move once it clears the $0.1060 resistance zone.Stellar lumen price is trading in a positive zone above $0.1000 against the US Dollar, similar to bitcoin. XLM price is likely...
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