Ethereum price is currently recovering from the $215 support zone against the US Dollar.ETH price is now facing a couple of important hurdles near the $230 level.There is a major bearish trend line forming with resistance near $230 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $230 resistance or decline again below $220.Ethereum price is trading near a key juncture at $230 against the US Dollar. ETH/USD must break the $230 barrier to continue higher in...
Read More »Stellar Lumen (XLM) Price Recovery Could Fail Near $0.066 And $0.068
Stellar lumen price declined sharply after it failed to clear the $0.0720 resistance against the US Dollar.XLM price tested the $0.0500 support level and settled well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0650 on the 4-hours chart (data feed via Kraken).The pair is likely to resume its decline if it fails to clear the $0.0660 and $0.0680 resistance levels.Stellar lumen price is currently recovering from the $0.0500...
Read More »Ripple Price Analysis: XRP Turns Bearish Unless It Clears $0.185
Ripple price started a fresh decline after it failed near the $0.2000 resistance against the US dollar.The price is now trading well below the $0.1850 level and the 55 simple moving average (4-hours).There is a significant bearish trend line forming with resistance near $0.1820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to face a strong selling interest near the $0.1820 and $0.1850 levels.Ripple price is currently correcting higher above $0.1750...
Read More »Bitcoin Cash Analysis: $225 Support Holds The Key In Near-Term
Bitcoin cash price started a fresh decline from the $245 resistance against the US Dollar.The price broke the $235 support and revisited the $225 support zone.There is a major bearish trend line forming with resistance near $241 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if there is a daily close below the $225 support.Bitcoin cash price is trading in a bearish zone and testing the $225 support against the US Dollar. BCH/USD...
Read More »Litecoin (LTC) Price Analysis: Risk of Crucial Break Below $40
Litecoin price started a sharp decline after it failed to clear the $45.00 resistance against the US Dollar.LTC price is now trading well below $43.50 and the 55 simple moving average (4-hours).There is a major 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 remains at a risk of another decline if it fails to stay above $41.00 and $40.00.Litecoin price is trading in a bearish zone against the US Dollar, similar...
Read More »Cardano (ADA) Price Analysis: Bulls Aiming Crucial Break above $0.09
ADA price is showing positive signs above the $0.0800 resistance zone against the US Dollar.The price is facing a significant resistance zone near the $0.0885 and $0.0900 levels.There was a break above a major bearish trend line with resistance near $0.0820 on the 4-hours chart (data feed via Kraken).The price must clear the $0.0900 resistance to continue higher towards $0.1000 in the near term.Cardano price is moving in a bullish zone above $0.0800 against the US Dollar, similar to bitcoin....
Read More »Bitcoin Price Analysis: BTC Signaling Bullish Continuation Above $9,880
Bitcoin price started a fresh increase above the $9,340 resistance against the US Dollar.The bulls succeeded in clearing the key $9,500 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $9,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair traded as high as $9,793 and it is currently correcting gains.Bitcoin price is back in a positive zone above $9,400 and $9,500 against the US...
Read More »Tron (TRX) Price Analysis: Chances of Upside Break Above $0.017
Tron price is trading above the $0.0155 and $0.0160 resistance levels against the US Dollar.TRX price is likely to accelerate higher if it clears the $0.0168 and $0.0170 resistance levels.There was a break above a key contracting triangle with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The pair could reverse gains if there is no clear break above the $0.0170 hurdle.TRON price is trying to start a strong increase against the US Dollar, similar to bitcoin. However,...
Read More »Ethereum Price Analysis: ETH Turns Green, But $250 Holds The Key
Ethereum price is gaining momentum above the $238 resistance zone against the US Dollar.ETH price is still facing a couple of key hurdles near the $248 and $252 levels.There was a break above a crucial contracting triangle with resistance near $230 on the 4-hours chart (data feed from Coinbase).The pair could correct lower in the short-term, but dips might be supported near $238 and $235.Ethereum price is trading in a positive zone above $235 against the US Dollar. ETH/USD must break the $248...
Read More »Stellar Lumen (XLM) Price Facing An Uphill Task Near $0.07
Stellar lumen price is currently correcting higher above $0.0680 against the US Dollar.XLM price is facing a strong resistance near the $0.0700 region and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0695 on the 4-hours chart (data feed via Kraken).The pair could either extend its recover above $0.0700 or resume its decline below $0.0650.Stellar lumen price is struggling to gain bullish momentum above $0.0700 against the US...
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