Tag Archives: Trading

ADA price declined sharply after it failed to surpass the $0.0375 resistance against the US Dollar.It traded as low as $0.0319 and it is currently correcting higher.There is a major bearish trend line with resistance near $0.0342 on the 4-hours chart (data feed via Kraken).The price is likely to restart its downtrend if there is no break above $0.0350.Cardano price is showing a few recovery signs against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0350 resistance to start...

Bitcoin price declined and tested the $6,550-$6,600 support area against the US Dollar.It is currently correcting higher and trading above the $6,800 level.There is a major bearish trend line forming with resistance near $7,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must surpass $7,050 and $7,200 to start a strong upward move in the near term.Bitcoin price is struggling to recover above $7,000 and $7,200 against the US Dollar. BTC could resume its decline...

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...

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....

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...

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...

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...

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...

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,...

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...