Tag Archives: Trading

Ripple price topped near the $0.3480 area and started a strong decline against the US dollar.The price is down more than 15% and broke the $0.3000 support area.There was a break below a key bullish trend line with support near $0.2885 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair tested the $0.2680 support area and it is now showing a few bearish signs.Ripple price started a strong bearish wave from well above $0.3400 against the US Dollar. XRP price is now...

Die letzten Wochen ging es bergauf für den BTC-Kurs. Zuletzt wurde der Preis sogar wieder 5-stellig und der BTC erreichte 10.300 US-Dollar. Doch heute drückte der Widerstand den Preis wieder in die 4-Stelligkeit – Analysten gehen davon aus, dass es sogar noch weiter runtergehen wird.Bitcoin News: Bitcoin Widerstand drückt Kurs wieder unter 10.000 US-DollarEine Kurskorrektur ist gerade im Gange, die den BTC-Kurs sogar wieder unter 9.000 US-Dollar treiben könnte. Auch Ethereum könnte es hart...

Cryptocurrencies have one characteristic feature or a flaw, whatever you choose to call it, and that’s its volatility. The price of bitcoin and a lot of other altcoins have seen a lot of ups and downs since their inception and continues to do even today.The increased volatility of crypto assets is one of the reasons for lagging adoption rate among businesses and individuals looking for alternative payment modes. However, the same has played an important role in creating a strong, ever-growing...

Automation is one of the buzzwords that has been around for some time, and for a good reason. The rising technological prowess has enabled the creation of software, as well as hardware that can eliminate the need for manual human interference for greater efficiency, reduced margin of error and lower costs. Similar principles hold good for crypto trading as well, and there are a number of platforms and software services that allow for automation of various aspects of trading activity.When it...

Bitcoin cash price rallied above the $440 and $450 resistance levels against the US Dollar.The price traded as high as $487 and it is currently consolidating gains.There is a key rising channel forming with support near $460 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise above $485 and $490 in the coming sessions.Bitcoin cash price is trading in a strong uptrend above the $450 level against the US Dollar. BCH/USD must stay above $450 to...

EOS price is surging higher and it broke the $5.000 resistance level against the US Dollar.The price traded to a new 2020 high at $5.517 and it is currently consolidating gains.There is a major bullish trend line forming with support near $5.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $6.000 and $6.500 resistance levels.EOS price is gaining bullish momentum above the $5.000 resistance against the US Dollar, similar...

Litecoin price is climbing higher and it recently climbed above the $80.00 resistance against the US Dollar.LTC price traded to a new 2020 high at $84.51 and it currently consolidating gains.There was a break above a major ascending channel with resistance near $80.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $85.00 and $88.00 resistance levels in the near term.Litecoin price is gaining momentum above $80.00 against the...

ADA price is gaining pace above the $0.0620 resistance area against the US Dollar.The price recently broke the $0.0650 level and it could continue to rise in the near term.There is a major bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The price is likely to surpass the $0.0700 resistance and continue higher in the near term.Cardano price is trading in a strong uptrend above $0.0600 against the US Dollar, similar to bitcoin. ADA price could...

Bitcoin price climbed higher again after a short term correction to $9,700 against the US Dollar.The price revered losses and climbed to a new yearly high at $10,400.There is a key bullish trend line forming with support near $9,870 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to extend its rise above the $10,420 and $10,500 levels in the near term.Bitcoin price is trading in a strong uptrend above $10,000 against the US Dollar. BTC is likely to extend...

Tron price jumped above $0.0200 and traded to a new 2020 high at $0.0237 against the US Dollar.TRX price is currently correcting lower and trading nicely above the $0.0205 support area.There is a major contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to aim a fresh upside break above the $0.0220 and $0.0230 resistance levels.TRON price is trading in a strong uptrend against the US Dollar, similar to bitcoin. TRX price...