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Tag Archives: Trading

Ethereum Price Analysis: ETH Following Strong Uptrend Above $190

Ethereum price is currently trading in an uptrend above $190 against the US Dollar.ETH price is likely to continue higher above the $200 resistance level.There is a key ascending channel forming with support near $192 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to find bids near $190 or $185.Ethereum price is showing many positive signs above $190 against the US Dollar. ETH/USD remains in an uptrend and it could soon rally further above...

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Stellar Lumen (XLM) Price Forming Strong Uptrend, $0.07 Next?

Stellar lumen price is up more than 10% and it broke the $0.0600 resistance area against the US Dollar.XLM price traded to a new monthly high at $0.0661 and it is currently consolidating gains.There is a short term contracting triangle forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair could correct further lower towards the $0.0575 support and the 55 simple moving average (4-hours).Stellar lumen price is showing many bullish signs against the US Dollar and...

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Ripple Price Analysis: Bullish Breakout Likely Above $0.2050

Ripple price is currently trading in an uptrend above the $0.1900 pivot area against the US dollar.The price is likely to surge above the $0.2025 and $0.2050 resistance levels in the near term.There is a key bullish trend line forming with support near $0.1945 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a downside correction if it fails near $0.2025 or $0.2050.Ripple price is moving higher and trading above $0.1950 against the US Dollar. XRP price...

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Bitcoin Cash Analysis: Bullish Break Towards $260 Very Likely

Bitcoin cash price is gaining bullish momentum above the $232 resistance against the US Dollar.The price is likely to accelerate higher towards the $258 and $260 resistance levels.There was a break above a crucial bearish trend line with resistance near $234 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could correct a few points, but dips remain well supported near $232 and $230.Bitcoin cash price is trading in a nice uptrend above $230 against the US Dollar....

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EOS Price Analysis: Bulls Eyeing Larger Bullish Breakout

EOS price is trading nicely above the $2.365 and $2.330 support levels against the US Dollar.The bulls are likely to gain strength if there is a clear break above $2.800.There is a crucial bullish trend line forming with support near $2.480 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).Dips remain well supported on the downside as long as the price is above $2.280.EOS price is showing a few positive signs against the US Dollar, similar to bitcoin. However, the bulls need...

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Litecoin (LTC) Price Analysis: Can Bulls Overcome This Hurdle?

Litecoin price is trading higher after it formed a support base near $40.0 against the US Dollar.LTC price is now facing a couple of key hurdles near the $42.50 and $42.60 levels.There is a key bearish trend line forming with resistance near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must surpass the $43.00 and $44.50 resistance levels to start a strong uptrend.Litecoin price is facing a couple of key hurdles against the US Dollar, similar to bitcoin....

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Cardano (ADA) Price Analysis: Bulls Facing An Uphill Task Near $0.036

ADA price followed a bullish path above $0.0320, but it faced hurdles near $0.0370 against the US Dollar.It is currently correcting lower and trading below the $0.0350 level.There is a key contracting triangle forming with resistance near $0.0355 on the 4-hours chart (data feed via Kraken).The price could continue to move down if it breaks the $0.0340 support area.Cardano price is currently showing signs of weakness against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0360...

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Bitcoin Price Analysis: BTC Could Dive To $6,600 Before Fresh Increase

Bitcoin price started a fresh decline and traded below the $7,000 support against the US Dollar.It is currently showing a few bearish signs below $6,965 and $7,000.There is a key contracting triangle forming with resistance near $7,220 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could decline further towards the key $6,600 support before it might start a fresh increase.Bitcoin price is struggling to remain in a positive zone above $6,800 against the US Dollar....

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Tron (TRX) Price Analysis: Bulls Protecting Crucial Support at $0.012

Tron price is facing an increase in selling below the $0.0135 resistance against the US Dollar.TRX price is likely to find a strong buying interest near the $0.0120 zone.There is a key bullish trend line forming with support near $0.0122 on the 4-hours chart (data feed via Bitfinex).The price could start a fresh increase to $0.0135 or dive towards the next support at $0.0105.TRON price is slowly showing a few bearish signs against the US Dollar, similar to bitcoin. TRX price must stay above...

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Ethereum Price Analysis: ETH Likely To Start Fresh Increase

Ethereum price is currently correcting lower from the $191 swing high against the US Dollar.ETH price is trading below the $175 support, but it is likely to find bids near $163 and $160.There is a major bullish trend line forming with support near $160 on the 4-hours chart (data feed from Coinbase).The price could climb back above $175 as long as it is above the $160 support area.Ethereum price is correcting gains after a strong rally to $190 against the US Dollar. ETH/USD is now approaching...

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