Crypto EcoBlog
Ethereum price is gaining traction above the $120 and $125 resistance levels against the US Dollar.ETH price is likely to grind higher towards the $155 and $160 resistance levels.There is a major bearish trend line forming with resistance near $137 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but dips remain well supported near the $122 and $120 levels.Ethereum price is showing positive signs above $135 against the US Dollar. ETH/USD must surpass $137 and $140...
Read More »Stellar Lumen (XLM) Price Facing Key Hurdles Near $0.040 and $0.045
Stellar lumen price recovered above $0.0400, but it failed near $0.0450 against the US Dollar.XLM price is currently declining and it is struggling to stay above the $0.0360 support.There is a key bearish trend line forming with resistance near $0.0400 on the 4-hours chart (data feed via Kraken).The pair is likely to extend its decline as long as it is trading below the $0.0450 pivot.Stellar lumen price is trading in a bearish zone against the US Dollar and bitcoin. XLM price is likely to...
Read More »Ripple Price Analysis: Downtrend Intact Below This Key Resistance
Ripple price is currently struggling to clear the $0.1650 and $0.1700 resistance levels against the US dollar.The price is now trading below $0.1550 and it is likely to extend its decline.There is a key bearish trend line forming with resistance near $0.1600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could only surge higher if there is a clear break above the $0.1600 and $0.1700 levels.Ripple price is trading in a bearish zone below $0.1700 against the US...
Read More »Bitcoin Cash Analysis: Recovery Reaching Crucial Juncture
Bitcoin cash price is currently correcting higher from the $133 yearly low against the US Dollar.The price is up more than 20% and it is now trading above the $200 level.There was a break above a key bearish trend line with resistance near $195 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is now approaching a major resistance area near the $240 and $242 levels.Bitcoin cash price is showing a few positive signs above $200 against the US Dollar. However, BCH/USD...
Read More »EOS Price Analysis: Rallies Remain Capped Near $2.40 and $2.50
EOS price declined heavily and broke the $2.600 and $2.400 support levels against the US Dollar.The price is likely to face a strong selling interest near the $2.300 and $2.400 levels.There is a major contracting triangle forming with resistance near $2.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are many key supports on the downside, starting with $1.800 and $1.650.EOS price is showing a few bearish signs below $2.500 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bears In Control Below $40
Litecoin price extended its decline and broke the $40.00 support area against the US Dollar.LTC price traded to a new 2020 low at $25.02 and it is currently correcting higher.There is a major bearish trend line forming with resistance near $36.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face a strong resistance near the $38.00 and $40.00 levels.Litecoin price is trading in a bearish zone below $40.00 against the US...
Read More »Cardano (ADA) Price Analysis: Recovery Approaching Key Resistance
ADA price is currently recovering from the $0.0184 yearly low against the US Dollar.The price is trading above the $0.0200 and $0.0240 resistance levels.There was a break above a key bearish trend line with resistance near $0.0255 on the 4-hours chart (data feed via Kraken).The price could correct further higher in the short term, but it is likely to face hurdles near $0.0300.Cardano price is currently staging a decent upside correction against the US Dollar and bitcoin. However, ADA price is...
Read More »Bitcoin Price Analysis: BTC Trading Below Crucial Downtrend Resistance
Bitcoin price is currently correcting losses from the $3,860 low against the US Dollar.It is trading in a range above the $4,440 support and below the $5,965 resistance.There is a key bearish trend line forming with resistance near $5,520 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 $5,965 and $6,000.Bitcoin price is showing a few recovery signs above $5,000 against the US Dollar. However, BTC...
Read More »Tron (TRX) Price Analysis: Bears Are Likely To Protect $0.012
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...
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