Crypto EcoBlog
Ripple price is trading in a bearish zone below the $0.1945 resistance zone against the US dollar.The price failed to correct above $0.1945 and it is now trading near the $0.1850 support.There are two bearish trend lines forming with resistance near $0.1920 and $0.1960 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses below the $0.1850 and $0.1820 support levels.Ripple price is under pressure and trading well below $0.1920 against...
Read More »Bitcoin Cash Analysis: Key Support Turned Resistance At $245
Bitcoin cash price declined sharply after it failed to clear the $260 resistance against the US Dollar.The price is down more than 5% and it broke the key $245 support zone.There was a break below a crucial bullish trend line with support near $252 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is currently correcting higher, but upsides are likely to remain capped near $245.Bitcoin cash price is back in a bearish zone below the $245 support against the US Dollar....
Read More »EOS Price Analysis: Bulls Eyeing Crucial Break above $2.8 and $3.0
EOS price is trading above a couple of key supports near $2.700 against the US Dollar.The price is likely to start a strong increase if it clears the 55 simple moving average (4-hours) and $2.800.There is a major contracting triangle forming with resistance near $2.775 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline heavily if it breaks the main $2.650 support zone in the near term.EOS price is showing positive signs above $2.650 against the US...
Read More »Litecoin (LTC) Price Analysis: Technical Indicators Suggest An Upside Break
Litecoin price is trading nicely above a major support at $45.50 against the US Dollar.LTC price is likely to start a strong upward move if it clears the $46.80 and $47.00 resistance levels.There is a key contracting triangle forming with resistance near $47.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could only start a bearish wave if it settles below the $45.00 support zone.Litecoin price is showing signs of a bullish break above $47.00 against the US...
Read More »Cardano (ADA) Price Analysis: Downside Thrust Before Fresh Increase Likely
ADA price traded to a new monthly high at $0.0903 before correcting lower against the US Dollar.The price is currently trading below the $0.0850 level and the 55 simple moving average (4-hours).There is a key declining channel or a bullish flag forming with resistance near $0.0850 on the 4-hours chart (data feed via Kraken).The price could dive sharply towards the $0.0750 support or $0.0720 before a fresh increase.Cardano price is trading nicely in an uptrend against the US Dollar and...
Read More »Bitcoin Price Analysis: BTC Likely To Resume Uptrend Above $10K
Bitcoin price started a downside correction from the $10,420 swing high against the US Dollar.It tested the $9,280 region and currently trading nicely above key supports.There is a key bullish trend line forming with support near $9,540 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above the $9,280 swing low.Bitcoin price is trading in a nice uptrend above $9,540 and $9,300 against the US Dollar. BTC could...
Read More »Widersprüchliche Bitcoin Indikatoren erschweren Kursprognose
Der Markt wirkt unentschlossen. Geht es über die Marke von 10.000 US-Dollar, womit eine Rallye ausgelöst werden könnte, oder geht es wieder bergab. Momentan wirkt es als wollte keiner den ersten Schritt machen, aus Angst, dieser könnte in die falsche Richtung gehen. Und so deuten auch die Marktsignale auf widersprüchliche Entwicklungen hin.Bitcoin News: Widersprüchliche Bitcoin Indikatoren erschweren KursprognoseWas für ein Kursplus spricht: Die Volatilität des BTC ist weiterhin hoch, aber es...
Read More »Tron (TRX) Price Analysis: Dips Remain Attractive To The Bulls
Tron price rallied further above the $0.0180 resistance zone against the US Dollar.TRX price traded as high as $0.0186 and it is currently correcting lower.There is a major bullish trend line forming with support near $0.0173 on the 4-hours chart (data feed via Bitfinex).The pair is likely to remain well bid above the $0.0172 and $0.0170 support levels.TRON price is trading in a strong uptrend above $0.0170 against the US Dollar, similar to bitcoin. TRX price is likely start a fresh increase...
Read More »Ethereum Price Analysis: ETH Holding Crucial Uptrend Support At $240
Ethereum price is trading in an uptrend above the $240 support against the US Dollar.ETH price must break the $248 and $252 resistance levels for more gains.There is a key bullish trend line forming with support near $240 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher towards $265 if it clears the $252 level.Ethereum price is showing a few positive signs above $240 against the US Dollar. ETH/USD is currently struggling to gain strength above the $248...
Read More »Stellar Lumen (XLM) Price Looks Set To Surge If It Breaks $0.08
Stellar lumen price is trading in a bullish zone above the $0.0750 resistance level against the US Dollar.XLM price is likely to surge higher if it clears the $0.0800 and $0.0828 resistance levels.There is a major breakout pattern forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The pair could rise sharply unless it fails to stay above the $0.0750 support zone.Stellar lumen price is trading in an uptrend above $0.0750 against the US Dollar, similar to bitcoin....
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