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Tag Archives: Trading

XRP Price Analysis: XRP Could Dive Below This Support

XRP price started a fresh decline from the $0.644 resistance against the US dollar. The price is now trading below $0.620 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6125 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.584 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...

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Bitcoin Cash Analysis: Bulls Aim Fresh Rally To $255

Bitcoin cash is eyeing a fresh increase above the $242 resistance against the US Dollar. The price is now trading below the $245 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $238 and $242 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $230 against the US Dollar,...

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EOS Price Analysis: Key Uptrend Support Intact At $0.72

EOS price is eyeing a fresh increase from the $0.720 support against the US Dollar. The price is now trading near $0.780 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.790 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.790 and $0.800 resistance levels. EOS price is recovering above $0.720 against the US Dollar, like Bitcoin. The...

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Litecoin (LTC) Price Analysis: Can Bulls Push Price Above This Resistance?

Litecoin is holding the key support at $70.00 against the US Dollar. LTC price is now trading below $75.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $74.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $74.50 and $75.00 resistance levels. Litecoin price is recovering from the $70.00 zone against the US Dollar, like Bitcoin....

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Solana (SOL) Price Analysis: Bulls Protecting Key Uptrend Support

Solana price started a downside correction from the $77.50 zone against the US Dollar. The price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $66.25 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $66.00 and $62.00 support levels to start another increase. Solana price is trading above $62 against the US Dollar, like Bitcoin. SOL...

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Bitcoin Price Analysis: BTC Takes Hit To Trim Gains, $40K Is The Key

Bitcoin price started a downside correction from the $45,000 zone against the US Dollar. The price is now trading below $43,000 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $43,500 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $40,450 support zone. Bitcoin price is correcting lower below $43,000 against the US Dollar....

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Cardano (ADA) Price Analysis: Dips Turn Attractive Near $0.50

ADA price started a downside correction from the $0.650 zone against the US Dollar. The price is now trading above $0.50 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.540 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.584 and $0.600 resistance levels. Cardano’s price is consolidating above $0.500 against the US Dollar, like Bitcoin. ADA...

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Ethereum Price Analysis: ETH Holds Key Uptrend Support

Ethereum price started a downside correction from the $2,400 resistance against the US Dollar. ETH price is now trading below $2,300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $2,195 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $2,100 support zone. Ethereum price is declining below $2,300 against the US Dollar. ETH/USD remains at a risk of more...

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Stellar Lumen (XLM) Price At Risk Below This Key Support, Bears Are Back?

Stellar lumen price is gaining pace below the $0.132 support zone against the US Dollar. XLM price is now trading just above $0.125 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1245 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1245 support zone in the near term. Stellar lumen price is trading below $0.1350 against the US Dollar, like Bitcoin. XLM price could...

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XRP Price Analysis: XRP Drops Again, Can This Support Hold?

XRP price started a fresh decline below the $0.650 zone against the US dollar. The price is now trading below $0.640 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.660 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.612 support zone. XRP price is struggling below $0.640 against the US Dollar, unlike Bitcoin. The price could decline...

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