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Tag Archives: Trading

Tron (TRX) Price Analysis: Bulls Protecting Support, Fresh Increase Likely

Tron price is trading above the $0.0130 and $0.0132 support levels against the US Dollar.TRX price is facing a major hurdle near the $0.01388 resistance level.There is a connecting bullish trend line forming with support near $0.0132 on the 4-hours chart (data feed via Bitfinex).The bulls seem to be aiming an upside break above the $0.01388 and $0.0140 resistance levels.TRON price is consolidating above key supports against the US Dollar, similar to bitcoin. TRX price must settle above...

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Ethereum Price Analysis: ETH Primed For Another Rally

Ethereum price is trading above the $128 and $130 support levels against the US Dollar.ETH price is likely to start another rally above the $135 resistance area.There was a break above a major bearish trend line with resistance near $129 on the 4-hours chart (data feed from Coinbase).The price remains well supported on the downside near the $128 area.Ethereum price is trading above key supports against the US Dollar. ETH/USD is likely to start a new upward move above the $135 and $140...

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Stellar Lumen (XLM) Price Shows Signs of Important Reversal

Stellar lumen price is currently consolidating above the $0.0450 support area against the US Dollar.XLM price might start a decent increase if it clears the $0.0480 and $0.0500 resistance levels.There is a key bearish trend line forming with resistance near $0.0465 on the 4-hours chart (data feed via Kraken).The pair seems to be forming a strong support base near $0.0450 and $0.0435.Stellar lumen price is sowing positive signs against the US Dollar, while bitcoin is climbing higher. XLM is...

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Ripple Price Analysis: XRP Setting Stage For Strong Rally

Ripple price is showing positive signs above the $0.1900 level against the US dollar.The price must gain momentum above $0.2000 to start a strong rally.There was a break above a key bearish trend line with resistance near $0.1945 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well bid near $0.1910 and it seems to be setting up for a large rally.Ripple price is trading within a broad range below $0.2000 against the US Dollar. XRP price is likely to surge...

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Bitcoin Cash Analysis: BCH Setting Stage For Fresh Increase

Bitcoin cash price is trading nicely above the $182 support area against the US Dollar.The price is facing a couple of important hurdles near the $198 and $204 levels.There is a declining channel or a bullish flag forming with resistance near $192 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could decline a few points before a fresh increase above the $198 resistance area.Bitcoin cash price is trading in a positive zone above $182 and $180 against the US Dollar....

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Uncertain Optimism about the Anticipated Ethereum Hard Fork

In general, the crypto sphere was not encouraging for most of this week, as Bitcoin merged in the low range of $7000, but Ethereum continues to weaken.After the particularly harsh end of 2019, it may seem that shortly the fate of Ethereum financial speculators will not change. The second-largest crypto asset in the world will have a bearish end in 2019. The price of Ethereum continues to crumble and now the network is getting progressively exasperated due to planning the next network...

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Binance.US Beta Service Now Available for Android Users as Well

Just in time, before the new year has started, Binance said that its crypto exchange for United States-based users, Binance.US, is now available for beta testing on Android devices.In a tweet published on Christmas, the U.S. subsidiary encouraged its users to engage in the beta test of the crypto trading application on Android devices. Through this test phase, users will be able to ease some issues for Binance.US.For example, users will be able to help in identifying eventual bugs and...

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Litecoin (LTC) Price Analysis: Risk of Additional Losses Below $40

Litecoin price is struggling to stay above the $40.00 support area against the US Dollar.LTC price is likely to accelerate its decline if its breaks the $39.00 support area.There is a key bearish trend line forming with resistance near $41.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair might recover once it climbs above $41.50 and $42.00 in the near term.Litecoin price is showing a few bearish signs against the US Dollar, similar to bitcoin. LTC price remains...

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Ethereum Dips under $130.00 while the Market Is Anticipating Another Hard Fork

Ethereum (ETH), the second-biggest crypto with a present market estimation of $14 billion, has altered its recent end of the weekly earnings, exchanging at $125.53 at the hour of composing. ETH/USD has lost over 6% over the most recent 24 hours and has stayed unaltered since the start of the day.Ethereum has not been fit as a fiddle as of late. After the breakdown of the notable high in mid-2018, when the price of ETH came to $1,300, and as of late, it became clear that Ethereum expects to...

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Bitcoin Price Analysis: BTC Primed For Fresh Increase Above $7,400

Bitcoin price failed to test the $8,000 resistance and declined below $7,500 against the US Dollar.The price is now trading above the key $7,060 and $7,000 support levels.There is a key bullish trend line forming with support near $7,160 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is above the $7,000 support area.Bitcoin price is approaching a couple of important uptrend supports against the US Dollar. BTC remains well...

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