Tron price declined heavily below the $0.0135 and $0.0100 support levels against the US Dollar.TRX price traded as low as $0.0070 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0110 on the 4-hours chart (data feed via Bitfinex).The price is likely to face a strong selling interest near $0.0110 and $0.0120 in the near term.TRON price is trading in a bearish zone below key supports against the US Dollar, similar to bitcoin. TRX price is...
Read More »Ethereum Price Analysis: ETH Remains A Sell Below $150
Ethereum price extended its decline below the $150 and $120 support levels against the US Dollar.ETH price traded as low as $89 and it is currently correcting higher.There is a key declining channel forming with resistance near $125 on the 4-hours chart (data feed from Coinbase).The price could correct higher, but it is likely to face a lot of hurdles near $145 and $150.Ethereum price is back in a strong downtrend below $150 against the US Dollar. ETH/USD remains at a risk of more losses...
Read More »Stellar Lumen (XLM) Price Is Likely To Resume Decline Below $0.035
Stellar lumen price started an upside correction after a massive decline below $0.0400 against the US Dollar.XLM price is currently facing a lot of hurdles near the $0.0400 resistance area.There is a major bearish trend line forming with resistance near $0.0400 on the 4-hours chart (data feed via Kraken).The pair is likely to restart its decline if it fails to stay above the $0.0350 support area.Stellar lumen price is showing a lot of bearish signs against the US Dollar and bitcoin. XLM price...
Read More »Ripple Price Analysis: Bulls Facing Uphill Task Near $0.17
Ripple price is currently correcting higher after a massive decline of 50% against the US dollar.The price is back above the $0.1400 area, but it is facing a lot of hurdles.There is a major bearish trend line forming with resistance near $0.1700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to struggle near the $0.1650 and $0.1700 resistance levels in the near term.Ripple price is slowly recovering from the $0.1100 yearly low against the US Dollar. XRP...
Read More »Bitcoin Cash Analysis: Bears To Take Break After A Massive Decline
Bitcoin cash price is down close to 50% from well above the $250 level against the US Dollar.The price is currently recovering from the $140 and $135 support levels.There is a key bearish trend line forming with resistance near $208 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a decent recovery if it climbs above the $180 resistance area.Bitcoin cash price nosedived below the $200 support area against the US Dollar. BCH/USD even tested the $140...
Read More »EOS Price Analysis: Turned Sell on Rallies Near $3.00 and $3.20
EOS price is facing an increase in selling pressure below $3.000 against the US Dollar.The price is testing the $2.850 support and it could extend its decline.There is a key declining channel forming with resistance near $3.080 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).An upside correction may perhaps face sellers near the $3.000 and $3.200 resistance levels.EOS price is back in a bearish zone below $3.200 against the US Dollar, similar to bitcoin. It seems like the...
Read More »Litecoin (LTC) Price Analysis: Test of Key $40 Is Likely In Near Term
Litecoin price is declining and it recently broke the $52.50 support area against the US Dollar.LTC price is trading near $45.00 and it remains at a risk of more losses.There is a key bearish trend line forming with resistance near $54.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could extend its decline towards the main $40.00 support level in the near term.Litecoin price is trading in a bearish zone below $50.00 against the US Dollar, similar to bitcoin....
Read More »Cardano (ADA) Price Analysis: Upsides To Remain Capped Near $0.045
ADA price extended its decline below the $0.0450 and $0.0420 support levels against the US Dollar.The price traded as low as $0.0391 and it is currently consolidating losses.There is a major bearish trend line forming with resistance near $0.0470 on the 4-hours chart (data feed via Kraken).The price could correct higher in the short term, but it is likely to face sellers near $0.0460.Cardano price is following a downtrend below key supports against the US Dollar and bitcoin. ADA price could...
Read More »Bitcoin Price Analysis: BTC Recovery Could Face Hurdles Near $8,400
Bitcoin price declined heavily and broke the $8,000 support against the US Dollar.The price traded as low as $7,636 and it is currently correcting higher.There are two key bearish trend lines forming with resistance near $8,840 and $9,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a lot of hurdles near $8,400.Bitcoin price is trading in a bearish zone below $8,400 against the US Dollar. BTC is likely to correct...
Read More »Tron (TRX) Price Analysis: Downtrend Intact Below $0.018
Tron price remained in a bearish zone below the $0.0180 pivot level against the US Dollar.TRX price traded as low as $0.0141 and it is currently correcting higher.There is a key bearish trend line forming with resistance near $0.0175 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to struggle near $0.0164 and $0.0175 in the near term.TRON price is trading in a major downtrend against the US Dollar, similar to bitcoin. TRX price is likely to...
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