Crypto EcoBlog
EOS price started a major downside correction from the $3.121 high against the US Dollar.The price traded below the $3.000 and $2.800 support levels.There was a break below a major bullish trend line with support near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is currently holding a crucial support at $2.600, which holds the key in the near term.EOS price is consolidating above a few important supports against the US Dollar, while bitcoin is rising. The...
Read More »Litecoin (LTC) Price Analysis: Downside Thrust Before Fresh Increase?
Litecoin price started a downside correction from the $50.00 resistance against the US Dollar.LTC price declined below the $48.00 support and it is currently consolidating near $45.00.There was a break below a major bullish trend line with support near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could spike towards the $4.50 support area before it might start a fresh increase.Litecoin price is slowly moving lower towards key supports against the US...
Read More »Cardano (ADA) Price Analysis: Bulls Eyeing Upside Break Above $0.05
ADA price is trading nicely in a bullish zone above the $0.0450 pivot level against the US Dollar.It is now approaching a major resistance zone near the $0.0495 and $0.0500 levels.There is a major contracting triangle forming with resistance near $0.0495 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.0500 resistance or correct towards the $0.0400 support.Cardano price is currently consolidating below key resistances against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Primed To Rally Past $9,200
Bitcoin price is currently consolidating gains above the $8,520 pivot level against the US Dollar.It is currently facing a major resistance near the $9,100 and $9,200 levels.There is a major contracting triangle forming with resistance near $9,110 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could start a strong rally if there is a clear break above $9,100 and $9,200.Bitcoin price is showing bullish signs above $8,800 and $8,520 against the US Dollar. BTC is...
Read More »Tron (TRX) Price Analysis: Bulls Eyeing Test of The Key $0.02 Resistance
Tron price is trading in a bullish zone above the $0.0150 support against the US Dollar.TRX price is currently facing a strong resistance near the $0.0165 and $0.0166 resistance levels.There is a major bullish trend line forming with support near $0.0156 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to remain well bid above $0.0155.TRON price is trading in an uptrend above $0.0150 against the US Dollar, similar to bitcoin. TRX price could...
Read More »Ethereum Price Analysis: ETH Poised To Resume Its Uptrend Above $215
Ethereum price is trading nicely above the $198 and $200 support levels against the US Dollar.ETH price is likely to break the $214-$215 resistance region for a fresh rally.There is a major bullish trend line forming with support near $201 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to remain well bid above the $200-$201 zone.Ethereum price is trading in an uptrend above the $200 support against the US Dollar. ETH/USD is likely to break...
Read More »Stellar Lumen (XLM) Price Correcting Gains, But Uptrend Is Intact
Stellar lumen price climbed towards the $0.0765 level before correcting lower against the US Dollar.XLM price is now trading below the $0.0700 level, but downsides are likely to be limited.There was a break below a major bullish trend line with support at $0.0720 on the 4-hours chart (data feed via Kraken).The pair could correct further lower towards the $0.0625 support, where the bulls might take a stand.Stellar lumen price is currently correcting lower against the US Dollar, similar to...
Read More »Ripple Price Analysis: Key Uptrend Support Nearby at $0.20
Ripple price is currently correcting lower from the $0.2358 swing high against the US dollar.The price is likely to find a strong support on the downside near $0.2000.There is a major bullish trend line forming with support near $0.2085 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a fresh upward move if it clears the $0.2155 resistance area.Ripple price is currently correcting from the last week high against the US Dollar. XRP price must stay above...
Read More »Bitcoin Cash Analysis: Fresh Rally Above $260 Very Likely
Bitcoin cash price rallied to a new monthly high at $276 before correcting lower against the US Dollar.The price found support near $250 and it is currently preparing for a fresh increase.There is crucial bullish trend line forming with support near $250 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh rally once it clears the $260 resistance area.Bitcoin cash price is trading in a nice uptrend above the $250 level against the US Dollar....
Read More »EOS Price Analysis: Rallies 10%, Bulls Eye $3.5 or Higher
EOS price is up more than 10% and it broke the $3.000 resistance area against the US Dollar.It traded to a new monthly high at $3.123 and it is currently consolidating gains.There is a key bullish trend line forming with support near $2.880 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are high chances of more upsides above the $3.200 and $3.300 levels in the near term.EOS price is gaining bullish momentum and it up significantly against the US Dollar, similar to...
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