Bitcoin price is currently gaining traction above the $9,400 and $9,440 resistance levels.A new monthly high is formed near $9,567 and the price is now above the 55 simple moving average (4-hours).There was a break above two key bearish trend lines near $9,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair might correct lower in the short-term, but dips remain well supported near $9,420.Bitcoin price is trading in a decent uptrend above $9,400 against the US...
Read More »Cardano (ADA) Price Analysis: Uptrend Could Resume Above $0.13
ADA price started a downside correction after it failed to settle above $0.1350 against the US Dollar.The price is currently trading below the $0.1300 level and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.1298 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but the $0.1150 and $0.1120 levels are likely to protect losses.Cardano price is correcting gains after a strong rally against the US Dollar and...
Read More »Litecoin (LTC) Price Analysis: Bulls Facing Uphill Task Near $44.5
Litecoin price started an upside correction from the $41.50 support zone against the US Dollar.LTC price is now trading well below the $42.50 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $44.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $44.50 and $45.00 resistance levels in the near term.Litecoin price is slowly moving higher towards $45.00 against the US...
Read More »Tron (TRX) Price Analysis: Bulls Aiming Fresh Uptrend Above $0.018
Tron price extended its decline below the $0.0175 support zone against the US Dollar.TRX price tested the $0.0168 support and it is currently consolidating losses.There is a major bearish trend line forming with resistance near $0.0174 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong upward move if it breaks the $0.0174 and $0.0180 resistance levels.TRON price is holding a major support zone near $0.0168 against the US Dollar, similar to bitcoin. TRX price must gain...
Read More »Ethereum Price Analysis: ETH Signaling Fresh Bullish Break Above $240
Ethereum price extended its decline below $235 and tested $230 against the US Dollar.ETH price is currently recovering and trading well above the $232 support zone.There is a major bearish trend line forming with resistance near $238 on the 4-hours chart (data feed from Coinbase).The pair could start a strong increase if it clears the $238 and $240 resistance levels.Ethereum price is holding the $232 and $230 support levels against the US Dollar. ETH/USD must surpass the $240 barrier to...
Read More »Stellar Lumen (XLM) Price Could Extend Its Uptrend Towards $0.12
Stellar lumen price gained bullish momentum above the $0.0950 and $0.1000 resistance levels against the US Dollar.XLM price traded to a new monthly high at $0.1074 before correcting lower.There is a crucial bullish trend line forming with support near $0.0950 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near $0.0950 and it might continue higher above $0.1050.Stellar lumen price is trading in a bullish zone against the US Dollar and bitcoin. XLM...
Read More »Ripple Price Analysis: Bulls Aim Bullish Break Above $0.20
Ripple price is consolidating above the $0.1920 support zone against the US dollar.The price is currently facing resistance near the $0.2000 and $0.2020 levels.There is a crucial breakout pattern forming with resistance near $0.2005 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of an upside break as long as it is above the $0.1920 level.Ripple price is stuck in a contracting range below $0.2000 against the US Dollar. XRP price must stay above...
Read More »Bitcoin Cash Analysis: Support Turned Resistance For The Bulls
Bitcoin cash price failed to clear the $245 resistance and declined steadily against the US Dollar.The price broke the $228 support zone, which may now act as a resistance.There is a major bearish trend line forming with resistance near $228 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could extend its decline below $220 unless it recovers above $228 and $230.Bitcoin cash price is back in a bearish zone below $230 against the US Dollar. BCH/USD remains at a risk...
Read More »EOS Price Analysis: Bulls Aiming Fresh Upside Break Above $2.6
EOS price started a downside correction from the $2.726 high against the US Dollar.The price is now trading well below the $2.600 level and the 55 simple moving average (4-hours).There is a crucial declining channel forming with resistance near $2.580 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a fresh increase above $2.600 as long as it is above the $2.450 support zone.EOS price is following a declining pattern below $2.600 against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Trading Near Crucial Juncture, Can The Bulls Make It?
Litecoin price is struggling to stay above the $42.60 support zone against the US Dollar.LTC price is now trading well below the $44.00 level and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a fresh increase above $44.00 or it might dive below the $42.60 support.Litecoin price is showing a few bearish signs below $44.00 against the US...
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