Crypto EcoBlog
Ethereum price gained traction above the $210 and $212 levels against the US Dollar.ETH price is still struggling to gain momentum above the $217 and $220 resistance levels.There is a key bullish trend line forming with support near $204 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher above $220 as long as it is above the $204 support.Ethereum price is trading in a positive zone above $200 and $204 against the US Dollar. ETH/USD must surpass the $220...
Read More »Stellar Lumen (XLM) Price Signaling Bullish Continuation To $0.08
Stellar lumen price found support near $0.0600 and started a fresh increase against the US Dollar.XLM price is now trading nicely above the $0.0650 resistance and the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $0.0682 on the 4-hours chart (data feed via Kraken).The pair is likely to continue higher towards the $0.0760 and $0.0800 resistance levels.Stellar lumen price is currently gaining bullish momentum against the US Dollar,...
Read More »Ripple Price Analysis: XRP Could Surge If It Breaks The $0.21 Barrier
Ripple price reversed losses and moved above the $0.1950 pivot zone against the US dollar.The price is now trading in a positive zone above the $0.2000 support level.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either surge above the $0.2100 resistance or decline again towards $0.1880.Ripple price is currently approaching a major hurdle near $0.2100 against the US Dollar. XRP price...
Read More »Bitcoin Cash Analysis: Can Bulls Protect This Crucial Support?
Bitcoin cash price started a fresh decline after it failed near the $280 resistance against the US Dollar.The price declined below the key $250 and $245 support levels.There is a key ascending channel forming with support near $235 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either break the $245 resistance to continue higher or decline further towards $215.Bitcoin cash price is correcting losses from the $217 low against the US Dollar. BCH/USD must stay...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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....
Read More »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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