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Tag Archives: Trading

Bitcoin Price Analysis: BTC Rally Could Extend Toward $48K

Bitcoin price started a strong increase above the $44,000 zone against the US Dollar. The price is now trading above $44,000 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $42,650 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $44,350 support zone. Bitcoin price is showing positive signs above $44,000 against the US Dollar....

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Cardano (ADA) Price Analysis: Can It Rally Above This Hurdle?

ADA price is attempting a fresh increase above the $0.605 zone against the US Dollar. The price is now trading above $0.612 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5950 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.640 and $0.6550 levels. Cardano price is holding the $0.600 support against the US Dollar, like Bitcoin. ADA price could gain...

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Ethereum Price Analysis: ETH Eyes Fresh Surge to $2,550

Ethereum price is eyeing an upside break above the $2,400 resistance against the US Dollar. ETH price is now trading above $2,300 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $2,280 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,340 support zone. Ethereum price is consolidating above the $2,350 level against the US Dollar. ETH/USD could rise...

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Stellar Lumen (XLM) Price Could Restarts Increase If It Stays above $0.125

Stellar lumen price started a downside correction from the $0.1380 zone against the US Dollar. XLM price is now trading near $0.1300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1280 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1315 and $0.1355 resistance levels. Stellar lumen price is trading above $0.125 against the US Dollar, like bitcoin....

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XRP Price Analysis: XRP Struggles Below This Key Hurdle

XRP price started a fresh decline from the $0.658 resistance against the US dollar. The price is now trading below $0.625 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.619 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.584 support zone. XRP price is struggling below $0.650 against the US Dollar, unlike Bitcoin. The price could...

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Bitcoin Cash Analysis: Dips Could Be Limited Below $235

Bitcoin cash price started a downside correction from the $278 zone against the US Dollar. The price is now trading above the $242 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $236 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $242 and $240 support levels. Bitcoin cash price is declining from the $278 zone against the...

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EOS Price Analysis: Rally Extends, Bulls Aim For $1

EOS price started a fresh increase above the $0.78 resistance against the US Dollar. The price is now trading above $0.80 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.855 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.920 and $0.950 resistance levels. EOS price is rising above $0.800 against the US Dollar, like Bitcoin. The...

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Litecoin (LTC) Price Analysis: Bulls Could Gain Strength Above This Hurdle

Litecoin is gaining pace above the $73.50 resistance against the US Dollar. LTC price is now trading above $74.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $72.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $76.80 and $78.00 resistance levels. Litecoin price is recovering from the $72.00 zone against the US Dollar,...

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Solana (SOL) Price Analysis: Rally Could Extend To $140

Solana price started a strong increase above the $88.00 resistance against the US Dollar. The price is now trading above $100 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $100 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $115 and $120 to continue higher in the near term. Solana price is trading in a positive zone above $100 against the US Dollar, like...

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Bitcoin Price Analysis: BTC At Risk of Extended Downside Correction

Bitcoin price started a downside correction from the $44,400 zone against the US Dollar. The price is now trading below $43,200 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $43,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $40,500 support zone. Bitcoin price is correcting lower below $43,200 against the US Dollar. BTC...

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