Crypto EcoBlog
Bitcoin price is currently struggling to clear the $6,500 and $6,600 resistance levels against the US Dollar.There are a few key supports forming, starting with $6,120 and $6,080.There is a key contracting triangle forming with resistance near $6,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but it is likely to bounce back from $6,120 or $6,000.Bitcoin price is trading in a broad range above $6,000 against the US Dollar. BTC could...
Read More »Tron (TRX) Price Analysis: High Chances of Bullish Break above $0.012
Tron price is currently facing a strong resistance near the $0.0118 and $0.0120 levels against the US Dollar.TRX price is likely to remain well bid above the $0.0110 support area.There is a key contracting triangle with resistance near $0.0118 on the 4-hours chart (data feed via Bitfinex).The price could dip a few points, but it is likely to find support near the $0.0110 area.TRON price is trading in a crucial range with positive signs against the US Dollar, similar to bitcoin. TRX price...
Read More »Ethereum Price Analysis: ETH Preparing For Next Significant Break
Ethereum price is currently holding the key $124 support area against the US Dollar.ETH price seems to be struggling to clear the $134 and $135 resistance levels.There is a major contracting triangle forming with resistance near $134 on the 4-hours chart (data feed from Coinbase).The price could either rally above $135 or it might dive back towards the $110 support area.Ethereum price is trading in a range and preparing for the next move against the US Dollar. ETH/USD must gain traction above...
Read More »Stellar Lumen (XLM) Price Approaching Make-or-Break Levels
Stellar lumen price is currently recovering higher from the $0.0375 area against the US Dollar.XLM price is likely to face a strong resistance near the $0.0405 and $0.0410 levels.Earlier, there was a break below a major bullish trend line with support near $0.0400 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0440 if it clears the main $0.0410 resistance area.Stellar lumen price is recovering towards major hurdles against the US Dollar and bitcoin. XLM price...
Read More »Ripple Price Analysis: Bulls Protecting Key Support Near $0.16
Ripple price declined recently from the $0.1880 resistance area against the US dollar.The price is now trading below $0.1700, but it is holding the key $0.1600 support.There is a key bullish trend line forming with support near $0.1605 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could only resume its upward move as long as it is above the $0.1600 support area.Ripple price is holding a key uptrend support near $0.1600 against the US Dollar. XRP price is likely...
Read More »Bitcoin Cash Analysis: Bulls Facing Strong Breakout Resistance
Bitcoin cash price is currently recovering above the $200 resistance zone against the US Dollar.The price is showing positive signs above the $210 and $215 levels.There is a key bullish trend line forming with support near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge higher if it clears the $240 and $244 resistance levels.Bitcoin cash price is trading in a positive zone above $200 against the US Dollar. BCH/USD is likely setting up for a...
Read More »EOS Price Analysis: Bulls In Control For More Gains Above $2.5
EOS price is trading in a positive zone above the $2.150 support against the US Dollar.The price is likely to start a strong increase if it breaks $2.400 and $2.500.There is a key contracting triangle forming with resistance near $2.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The current price action is positive and suggesting more gains above $2.400 and $2.500.EOS price is slowly gaining bullish momentum above $2.200 against the US Dollar, similar to bitcoin. A...
Read More »Litecoin (LTC) Price Analysis: Approaching Next Crucial Break
Litecoin price is slowly recovering and trading above the $36.50 support against the US Dollar.LTC price is facing a strong resistance near the $41.00 area.There is a major contracting triangle forming with resistance near $40.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong rally above $41.00 or it might dive towards $32.50.Litecoin price is likely preparing for the next major move against the US Dollar, similar to bitcoin. LTC price...
Read More »Cardano (ADA) Price Analysis: Approaching Next Key Break To $0.04?
ADA price is currently consolidating in a tight range below the $0.0320 resistance against the US Dollar.The price is holding the key $0.0280 support level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0284 on the 4-hours chart (data feed via Kraken).The price could start a strong rise above the $0.0320 and $0.0340 resistance levels in the near term.Cardano price is making an attempt to rise above key hurdles against the US Dollar...
Read More »Bitcoin Price Analysis: BTC Aiming A Crucial Break above $7K
Bitcoin price is trading nicely above the $6,400 and $6,220 support levels against the US Dollar.It is facing a major hurdle on the upside near the $6,840 and $7,000 levels.There is a major contracting triangle forming with resistance near $6,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but it is likely to remain well supported near $6,400 and $6,300.Bitcoin price is trading in a positive zone above the $6,400 level against the US...
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