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Tag Archives: Trading

Ethereum Price Analysis: ETH Correcting Lower, But Uptrend Intact

Ethereum price traded to a new 2020 high at $231 and recently corrected lower against the US Dollar.ETH price is currently trading below the $225 and $224 support levels.There is a key bullish trend line forming with support near $206 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after it completes the current correction near $213 or $206.Ethereum price is trading nicely in an uptrend above $200 against the US Dollar. ETH/USD is currently correcting lower,...

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Stellar Lumen (XLM) Price Eyeing Surge To $0.08 and $0.09

Stellar lumen price is trading nicely in an uptrend above $0.0700 against the US Dollar.XLM price traded as high as $0.0738 and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0704 on the 4-hours chart (data feed via Kraken).The pair remains in an uptrend and it could continue to rise above the $0.0750 level.Stellar lumen price is showing positive signs above $0.0700 against the US Dollar, similar to bitcoin. XLM is likely to surpass $0.0750 for...

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Ripple Price Analysis: XRP Remains In Strong Uptrend Above $0.27

Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...

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Bitcoin Cash Analysis: Next Wave Towards $500 Is Incoming

Bitcoin cash price rallied more than 10% and it broke the key $400 barrier against the US Dollar.The price traded as high as $459 and it is currently consolidating gains.There is a short term ascending channel forming with support near $435 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains well bid above the $435 and $420 levels in the near term.Bitcoin cash price is showing a lot of positive signs above $420 against the US Dollar. BCH/USD seems to be aiming...

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Litecoin (LTC) Price Analysis: Bulls Aiming $80 or Higher

Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...

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Cardano (ADA) Price Analysis: Rally Could Gather Momentum Above $0.060

ADA price is trading in a positive zone above the $0.0550 resistance area against the US Dollar.The price is likely to surpass the $0.0600 resistance area in the near term.There are two key bullish trend lines forming with support near $0.0550 and $0.0535 on the 4-hours chart (data feed via Kraken).The price remains well supported on dips towards $0.0520 if it corrects lower in the near term.Cardano price is showing a lot of positive signs above $0.0550 against the US Dollar, similar to...

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Bitcoin Price Analysis: BTC Trading Near Key Inflection Support Zone

Bitcoin price traded to a new 2020 high at $9,620 before it started correcting lower against the US Dollar.The price traded below the $9,500 level and even spiked below the $9,210 support area.There is a major bullish trend line forming with support near $9,105 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally again above $9,300 or it might dip towards the $8,840 support area.Bitcoin price rallied towards the $9,650 level before correcting lower...

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Tron (TRX) Price Analysis: Bulls In Control Above $0.0180

Tron price followed a decent bullish path and climbed above the $0.0180 resistance against the US Dollar.TRX price tested the $0.0200 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0189 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to remain in action as long as the price is above the $0.0180 support.TRON price is following a strong uptrend against the US Dollar, similar to bitcoin. TRX price remains...

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Ethereum Price Analysis: ETH Approaching Key Uptrend Support

Ethereum price climbed higher nicely and traded to a new 2020 high at $195 against the US Dollar.ETH price is currently correcting lower and it broke the $190 support level.There is a major bullish trend line forming with support near $185 on the 4-hours chart (data feed from Coinbase).The price is likely to bounce back after testing the $185 support area and the trend line.Ethereum price is trading in a nice uptrend above $185 and $178 against the US Dollar. ETH/USD is likely to resume its...

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Stellar Lumen (XLM) Price Rally Could Gain Momentum Above $0.066

Stellar lumen price is rising steadily and it is trading nicely above $0.0620 against the US Dollar.XLM price is currently facing a short term resistance near $0.0660.There is a major ascending channel forming with support near $0.0625 on the 4-hours chart (data feed via Kraken).The pair could rally significantly once there is a clear break above the $0.0660 resistance area.Stellar lumen price is trading in an uptrend against the US Dollar, similar to bitcoin. XLM is likely to continue higher...

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