Crypto EcoBlog
Ripple price rallied above the $0.2000 resistance before correcting lower against the US dollar.The price is currently trading above the $0.1980 support and the 55 simple moving average (4-hours).There is a crucial breakout pattern forming with resistance near $0.2000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of more gains above the $0.2000 and $0.2020 resistance levels.Ripple price is trading in a positive zone above $0.1980 and $0.1900...
Read More »Bitcoin Cash Analysis: $230 Holds The Key But Can Bulls Clear $245?
Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....
Read More »EOS Price Analysis: Bulls Likely Aiming $3.0 or Higher
EOS price started a fresh increase from the $2.250 support area against the US Dollar.The price gained momentum above the $2.500 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower, but there are many supports near $2.600 and $2.500.EOS price is trading in a positive zone above $2.500 against the US Dollar, similar...
Read More »Litecoin (LTC) Price Analysis: Fresh Rally To $50 Seems Likely
Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar.LTC price is now trading nicely above the $44.00 level and the 55 simple moving average (4-hours).There was a break above a significant bearish trend line with resistance near $42.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is currently consolidating near the $45.50 resistance and it could continue to rise.Litecoin price is rising again and trading above...
Read More »Cardano (ADA) Price Analysis: Rallies Over 20%, More Gains Possible
ADA price is up over 20% and it broke the key $0.1000 resistance area against the US Dollar.The price traded close to the $0.1400 level and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.1100 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but dips remain well supported on the downside at $0.1200.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. ADA price surged more than 20% and...
Read More »Bitcoin Price Analysis: BTC Eyes Crucial Break above $9,350
Bitcoin price is rising steadily above $9,200 and the 55 simple moving average (4-hours).It is currently facing a heavy resistance area near the $9,350 level.There was a break above a major bearish trend line with resistance near $9,090 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must settle above the $9,350 resistance level to start a sustained upward move.Bitcoin price is trading in a bullish zone above $9,150 against the US Dollar. BTC must gain bullish...
Read More »Ethereum Price Analysis: ETH Signaling Strong Rally Above $245
Ethereum price is now trading in a positive zone above the $234 pivot level against the US Dollar.ETH price is currently correcting lower from $244, but it is well above the $235 level.There was a break above a crucial bearish trend line with resistance near $230 on the 4-hours chart (data feed from Coinbase).The pair could correct lower, but the $234 and $232 levels are likely to protect heavy losses.Ethereum price is trading with a bullish bias above $234 against the US Dollar. ETH/USD must...
Read More »Stellar Lumen (XLM) Price Eyeing Upside Break above $0.068
Stellar lumen price recovered nicely after a sharp decline and settled above $0.0620 against the US Dollar.XLM price is currently consolidating above $0.0650 and the 55 simple moving average (4-hours).There is a crucial breakout pattern forming with resistance near $0.0670 on the 4-hours chart (data feed via Kraken).The pair could start a fresh rally if it breaks the $0.0670 and $0.0680 resistance levels.Stellar lumen price is trading in a positive zone against the US Dollar and bitcoin. XLM...
Read More »Ripple Price Analysis: XRP Signaling Start of A Fresh Rally
Ripple price is likely forming a strong support above the $0.1735 level resistance against the US dollar.The price is slowly rising above $0.1750 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1760 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of upside continuation above the $0.0178 and $0.0180 resistance levels.Ripple price is starting a decent increase from the $0.1692...
Read More »Bitcoin Cash Analysis: Crucial Resistance Nearby, Can The Bulls Make It?
Bitcoin cash price declined sharply below $220 and traded close to $205 against the US Dollar.The price is currently correcting higher, but it is likely to face hurdles near $225.There is a key bearish trend line forming with resistance near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must surpass the $224 and $225 resistance levels to start a fresh increase in the near term.Bitcoin cash price is facing a major hurdle near $225 $225 against the US Dollar....
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