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Tag Archives: Trading

Tron (TRX) Price Analysis: Bears In Control Below $0.013

Tron price topped near the $0.0140 level and declined sharply towards $0.0120 against the US Dollar.TRX price is currently correcting higher from $0.0120, but it is facing many hurdles.There is a key bearish trend line forming with resistance near $0.0130 on the 4-hours chart (data feed via Bitfinex).The price could either surge above the $0.0130 resistance or it might continue below $0.0120.TRON price is showing a few bearish signs below the $0.0130 resistance against the US Dollar, similar...

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Ethereum Price Analysis: ETH Recovery Could Fade Soon

Ethereum price is currently recovering from the $150 support area against the US Dollar.ETH price is likely to fail near the $160 and $164 resistance levels in the near term.There is a crucial contracting triangle forming with resistance near $165 on the 4-hours chart (data feed from Coinbase).The price could correct a few points, but it is likely to struggle near the $164-$165 resistance area.Ethereum price is showing a few bearish signs below the $165 pivot level against the US Dollar....

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Stellar Lumen (XLM) Price Trading Near Make-or-Break Levels

Stellar lumen price is currently correcting lower from the $0.0520 resistance area against the US Dollar.XLM price is now trading near a crucial support area at $0.0460 and $0.0450.There is a major bullish trend line forming with support near $0.0460 on the 4-hours chart (data feed via Kraken).The pair could either start a fresh increase or it might dive further below $0.0450.Stellar lumen price is approaching a significant breakdown zone against the US Dollar and bitcoin. XLM price could...

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Ripple Price Analysis: Risk of Fresh Bearish Trend Below $0.18

Ripple price is currently declining and trading below the $0.1900 support area against the US dollar.The price is currently testing the key $0.1805 and $0.1800 support levels.There is a major declining channel forming with resistance near $0.1930 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could accelerate its decline if there is a clear break below the $0.1800 support.Ripple price is slowly gaining bearish momentum below $0.1900 against the US Dollar. XRP...

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Bitcoin Cash Analysis: Bears Aiming Retest of The Key $225 Support

Bitcoin cash price started a fresh decline after it topped near the $280 level against the US Dollar.The price is down more than 5% and it broke the key $250 support area.There was a break below a connecting bullish trend line with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to continue lower and it could even retest the $225 support area.Bitcoin cash price is showing a few bearish signs below $250 against the US Dollar. BCH/USD...

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EOS Price Analysis: Break Above $3.00 Is Looming

EOS price is trading in a bullish zone above the $2.650 support against the US Dollar.The bulls are facing a couple of key hurdles near the $2.800 and $3.000 levels.There is a major contracting triangle forming with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break above $2.750 and $2.800 is likely to pump the price above the $3.000 barrier.EOS price is following a nice uptrend above the $2.500 pivot area against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Could Pump Price Above $50

Litecoin price is trading in a bullish zone above the $45.00 level against the US Dollar.LTC price is likely to accelerate further higher if it clears the $46.40 and $48.00 resistance levels.There is a short term bearish trend line forming with resistance near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could even surpass the $50.00 level as long as it is above the $44.00 support.Litecoin price is trading in a strong bullish trend against the US Dollar,...

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Cardano (ADA) Price Analysis: Next Bullish Target Could Be $0.04

ADA price is currently gaining momentum and it is trading above the $0.0350 resistance against the US Dollar.A clear break above the $0.0370 resistance is needed for more gains.There is a key bullish trend line forming with support near $0.0340 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards the $0.0400 resistance as long as it is above $0.0320.Cardano price is trading in a solid uptrend above $0.0320 against the US Dollar, similar to bitcoin. ADA...

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Bitcoin Price Analysis: BTC Surging and Primed To Test $8K

Bitcoin price is gaining momentum above the $6,800 and $7,000 resistance levels against the US Dollar.A high was formed near $7,471 and it seems like the bulls are eyeing more gains towards $8,000.There is a major bullish trend line forming with support near $7,090 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains in a strong uptrend and dips remain supported near $7,090 and $6,800.Bitcoin price is trading in a bullish zone above $7,000 against the US Dollar....

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Tron (TRX) Price Analysis: Bulls Are Comfortable Above $0.012

Tron price is up more than 8% and it broke the $0.0120 and $0.0132 resistance levels against the US Dollar.TRX price traded to a new monthly high at $0.0140 and it is currently correcting gains.There is a major bullish trend line forming with support near $0.0128 on the 4-hours chart (data feed via Bitfinex).The price could correct in the short term, but it is likely to find support near the $0.0125 area.TRON price is back in a positive zone above $0.0120 against the US Dollar, similar to...

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