Tag Archives: Trading

Bitcoin price corrected lower and tested the $9,500 support area against the US Dollar.The price is back in a positive zone and it recently rallied above the $10,000 resistance.There was a break above a major bearish trend line with resistance near $10,040 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards $10,500 and $11,000 in the near term.Bitcoin price is back in a positive zone above $10,000 against the US Dollar. BTC is...

Tron price traded to a new 2020 high at $0.0268 before correcting gains against the US Dollar.TRX price declined below the $0.0235 support and recently tested $0.0200.There was a break below a key bullish trend line with support near $0.0225 on the 4-hours chart (data feed via Bitfinex).The price is currently rising, but it is likely to face a strong resistance near $0.0235.TRON price is likely to resume its upward move against the US Dollar, similar to bitcoin. However, TRX price must clear...

Ethereum price corrected lower below $260 and $250 against the US Dollar.ETH price found support near the $236 level and it recently bounced back above $265.There is a major bullish trend line forming with support near $248 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher if it clears the $274 resistance area.Ethereum price is showing many bullish signs above $250 against the US Dollar. ETH/USD might aim a key upside break above the $300 resistance in the...

Stellar lumen price topped near the $0.0888 area and declined heavily against the US Dollar.XLM price broke a few key supports near $0.0800 to enter a bearish zone.There was a break below a major bullish trend line with support near $0.0752 on the 4-hours chart (data feed via Kraken).The pair even broke the $0.0700 support area and it is currently consolidating losses.Stellar lumen price is trading in a bearish zone against the US Dollar and bitcoin. XLM could continue to move down if it...

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...