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Tag Archives: Trading

Litecoin (LTC) Price Analysis: Larger Rally To $100 Seems Possible

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...

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Cardano (ADA) Price Analysis: Bulls Aiming $0.08 or Higher

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...

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Bitcoin Price Analysis: BTC Bulls Remain In Driver’s Seat

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...

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Tron (TRX) Price Analysis: Bulls Eyeing Next Bullish Break

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...

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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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