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Tag Archives: Trading

EOS Price Analysis: Can Bulls Overcome The $2.60 Hurdle?

EOS price started a sharp decline after it failed to stay above $3.00 against the US Dollar.The price broke the key $2.600 support and traded as low as $2.169There is a major bearish trend line forming with resistance near $2.600 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair must climb above the $2.600 resistance zone to move into a positive zone.EOS price is currently correcting higher above $2.400 against the US Dollar, while bitcoin is rising. The price must...

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Litecoin (LTC) Price Analysis: Bulls Likely To Face Hurdles Near $44-$45

Litecoin price declined heavily after it failed to clear the $50.00 resistance against the US Dollar.LTC price traded as low as $39.40 and it is currently correcting higher.There was a break above a short term contracting triangle with resistance near $42.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could spike towards the $44.00 and $45.00 resistance levels in the near term.Litecoin price is showing sign of a decent upward move against the US Dollar and...

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Cardano (ADA) Price Analysis: Fresh Rally Above $0.052 Very Likely

ADA price is trading in a positive zone above the $0.0450 support against the US Dollar.The price is likely to surpass the $0.0520 and $0.0540 resistance levels.There is a key contracting triangle forming with resistance near $0.0520 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but it is likely to remain well bid above the $0.0450 support.Cardano price is showing a few positive signs above $0.0480 against the US Dollar, similar to bitcoin. ADA price must climb...

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Bitcoin Price Analysis: BTC Remains in Uptrend Above $8,400

Bitcoin price started a strong downside correction from the $10,069 high against the US Dollar.It is currently consolidating above the $8,400 and $8,250 support levels.There is a crucial bullish trend line forming with support at $8,410 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could start a fresh rally if there is a clear break above $9,120 and $9,180.Bitcoin price is currently consolidating losses above the $8,400 support against the US Dollar. BTC is...

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Tron (TRX) Price Analysis: Turned ‘Sell’ on Rallies Towards $0.015

Tron price started a major bearish wave after it failed to clear the $0.0166 resistance against the US Dollar.TRX price tested the $0.0135 support zone and it is currently correcting losses.There was a break below a crucial bullish trend line with support near $0.0160 on the 4-hours chart (data feed via Bitfinex).The price could correct higher, but it is likely to face sellers near $0.0150 and $0.0152.TRON price declined heavily in the past few days against the US Dollar, similar to bitcoin....

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Ethereum Price Analysis: ETH Could Nosedive Below $175-$180

Ethereum price started a major decline after it failed to clear the $220 resistance against the US Dollar.ETH price declined sharply below the $200 and $198 support levels.There was a break below a key contracting triangle with support near $200 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating losses and likely to face resistance near $192 and $198.Ethereum price is back in a bearish zone below $200 against the US Dollar. ETH/USD is likely to continue lower...

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Stellar Lumen (XLM) Price Turns Bearish Below $0.07 But $0.06 Holds Key

Stellar lumen price failed to gain momentum above $0.0750 and declined sharply against the US Dollar.XLM price tested the $0.0600 support zone and it is currently consolidating losses.There was a break below a crucial bullish trend line with support at $0.0710 on the 4-hours chart (data feed via Kraken).The pair could correct above $0.0650, but the bears are likely to protect $0.0700 and $0.0710.Stellar lumen price is currently trading above key supports against the US Dollar, similar to...

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Ripple Price Analysis: Risk of More Downsides To $0.175

Ripple price started a major decline from well above the $0.2300 level against the US dollar.The price is now trading in a bearish zone below the $0.2000 pivot level.There was a break below a crucial bullish trend line with support near $0.2165 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could correct a few points, but the bears are likely to protect $0.2085 or $0.2110.Ripple price is currently recovering from the $0.1880 swing low against the US Dollar. XRP...

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Bitcoin Cash Analysis: Uptrend Intact Above $235-$240

Bitcoin cash price started a downside correction after testing the $275 resistance against the US Dollar.The price declined below the $260 support, but it stayed above the $235-$240 support zone.There is a major bullish trend line forming with support near $244 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move as long as it is above the $235 support.Bitcoin cash price is trading in a positive zone above the $240 level against the...

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Bitcoin vom S&P 500 entkoppelt

Seit ungefähr zwei Jahre bewegen sich der US-Index S&P 500 und der Bitcoin Kurs gleichförmig. Geht es für den Index hoch, geht es auch für Bitcoin hoch. Zuletzt ging es durch die Coronakrise für beide deutlich runter. Doch mit seiner letzten Kurserholung hat sich der Bitcoin seit ungefähr zwei Jahren zum ersten Mal richtig vom Index entkoppelt.Crypto News: Bitcoin vom S&P 500 entkoppeltIm Februar dieses Jahrs erreichten sowohl der S&P 500 als auch der Bitcoin ihre bisherigen...

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