Friday , April 26 2024
Home / Tag Archives: Trading (page 2)

Tag Archives: Trading

Solana (SOL) Price Analysis: Price Dips 50%, Can It Recover?

Solana price gained bearish momentum below the $150 level against the US Dollar. The price is now trading below $150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $155 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $150 resistance. Solana price is trading in a bearish zone below $160 against the US Dollar, like...

Read More »

Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold?

Bitcoin price started a fresh decline below the $65,000 level against the US Dollar. The price is now trading below $65,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $64,550 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could face heavy resistance near the $64,500 zone in the near term. Bitcoin price is declining below $66,000 against the US Dollar. BTC might extend...

Read More »

Cardano (ADA) Price Analysis: Bears In Action Below $0.52

ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4940 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.520 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...

Read More »

Ethereum Price Analysis: ETH Revisits Support As Bears Take Control

Ethereum price is struggling below the $3,400 resistance against the US Dollar. ETH price is now trading below $3,320 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $3,200 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $3,200 and $3,320. Ethereum price is declining below $3,400 against the US Dollar. ETH/USD remains at a risk of more downsides if it...

Read More »

Stellar Lumen (XLM) Price Recovery Faces Many Hurdles At $0.1150

Stellar lumen price is attempting a recovery wave from the $0.0920 zone against the US Dollar. XLM price is now trading below $0.1200 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.1195 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1200 resistance zone. Stellar lumen price is consolidating above $0.1020 against the US Dollar, like...

Read More »

XRP Price Analysis: Bulls Aim Recovery To $0.58

XRP price is attempting a recovery wave from the $0.3850 zone against the US dollar. The price is now trading below $0.550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.5150 resistance. XRP price is consolidating near $0.500 against the US Dollar, like Bitcoin. It must...

Read More »

Bitcoin Cash Analysis: Bulls Continue To Protect Key Support

Bitcoin cash is eyeing a fresh increase above the $650 resistance against the US Dollar. The price is now trading below the $640 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance at $655 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $650 and $655 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $600 against the US Dollar,...

Read More »

EOS Price Analysis: Bulls Aim For Move Above $1.15

EOS price started a downside correction from the $1.1420 zone against the US Dollar. The price is now trading above $1.050 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1.0350 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.035 and $1.00 support levels. EOS price is rising above $1.050 against the US Dollar, like Bitcoin. The...

Read More »

Litecoin (LTC) Price Analysis: This Support Holds The Key To Fresh Increase

Litecoin is holding gains above the $92.00 support against the US Dollar. LTC price is now trading below $100.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $101.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $100.00 and $101.50 resistance levels. Litecoin price is holding gains above $92 against the US Dollar, like Bitcoin....

Read More »

Solana (SOL) Price Analysis: Bears Take Control Below $180

Solana price gained bearish momentum below the $185 level against the US Dollar. The price is now trading below $180 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $176.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $180 resistance. Solana price is trading in a short-term bearish zone below $180 against the US...

Read More »