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Tag Archives: Trading

Litecoin (LTC) Price Analysis: Just broke $50 and Bulls Are Not Done Yet

Litecoin price is up close to 10% and it broke the $45.50 resistance area against the US Dollar.LTC price traded as high as $50.95 and it is currently consolidating gains.There is a key bullish trend line forming with support near $46.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported on the downside for more upsides above $50.00 and $52.00.Litecoin price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin....

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Cardano (ADA) Price Analysis: Crucial Hurdle Ahead at $0.05

ADA price is gaining bullish momentum and it broke the $0.0435 resistance against the US Dollar.It is now approaching a major resistance zone near the $0.0500 level.There is a key bullish trend line forming with support near $0.0470 on the 4-hours chart (data feed via Kraken).The price could continue to rise if it clears the $0.0490 and $0.0500 resistance levels.Cardano price is currently trading in a nice uptrend against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0500...

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Bitcoin Price Analysis: BTC Could Rally Significantly Above $8K

Bitcoin price started a fresh increase and traded above the $7,655 resistance against the US Dollar.It is currently preparing for a sharp rally above the $8,000 resistance area.There was a break above a key ascending channel with resistance near $7,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct in the short term, but it is likely to find support near $7,655.Bitcoin price is gaining bullish momentum above $7,655 and $7,700 against the US Dollar....

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Tron (TRX) Price Analysis: Rally Isn’t Over Yet, $0.016 Next?

Tron price is trading in a strong uptrend above the $0.0135 support against the US Dollar.TRX price is likely to continue higher above the $0.0145 and $0.0150 resistance levels.There is a major bullish trend line forming with support near $0.0140 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to break the $0.0150 resistance level.TRON price is gaining bullish momentum above key levels against the US Dollar, similar to bitcoin. TRX price is...

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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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