Tag Archives: Trading

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...