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Tag Archives: Trading

Tron (TRX) Price Analysis: Back In Downtrend, $0.0150 Holds Key

Tron price is declining and trading below the key $0.0184 support area against the US Dollar.TRX price is under a lot of pressure below the $0.0175 pivot level.There is a key bearish trend line forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The price remains at a risk of more downsides towards the main $0.0150 support area.TRON price started a fresh decline against the US Dollar and bitcoin. TRX price is now trading well below $0.0184 and it could continue...

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Ethereum Price Analysis: ETH Breakdown Looks Real

Ethereum price is trading with a bearish bias below the $180 support against the US Dollar.ETH price is now facing a lot of hurdles on the upside near $180 and $182.There is a major declining channel forming with resistance near $182 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of more losses below the $174 and $170 levels in the near term.Ethereum price is declining below key supports near $180 against the US Dollar. ETH price is likely to struggle near $182 if...

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Stellar Lumen (XLM) Price Trimming Gains, More Downsides Likely

Stellar lumen price failed to settle above the $0.0800 and $0.0820 resistances against the US Dollar.XLM price is currently declining and it is now trading well below the $0.0750 level.There is a major bearish trend line forming with resistance near $0.0730 on the 4-hours chart (data feed via Kraken).The pair remains at a risk of more downsides towards the key $0.0650 support area.Stellar lumen price is currently trimming gains against the US Dollar and bitcoin. XLM price could continue to...

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Ripple Price Analysis: XRP At Risk Of Further Downsides

Ripple price is currently declining and trading well below $0.2700 against the US dollar.The price is likely to continue lower and it may even test the $0.2420 support area.There is a major declining channel forming with resistance near $0.2635 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could only start a decent recovery once it settles above the $0.2760 resistance area.Ripple price is following a downtrend below the $0.2760 support against the US Dollar....

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XRP Market Update: Ripple’s XRP Trend of Minor Losses

Current fundamentals show that the majority of crypto-currencies move widely in a range, extending their lateral trade, without showing any significant gain in the short term.The total market capitalization of cryptocurrency currently stands at about $ 238 billion, while Bitcoin accounts for about 65.8% of the total value and, in terms of market capitalization,  XRP is the third-largest coin and is not excluded from the recent downward trend, the crypto saves price of $ 0.270 per piece,...

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Bitcoin Cash Analysis: BCH Likely To Break Lower Towards $260

Bitcoin cash price is under a lot of pressure as it broke the $288 support against the US Dollar.The price is currently trading near a major support at $269, with a bearish angle.There are two major bearish trend lines forming with resistance near $280 and $290 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair remains at a risk of more losses below the $269 support area.Bitcoin cash price is facing an increase in selling below $280 against the US Dollar. BCH/USD might...

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EOS Price Analysis: Another Decrease To $3.20 Likely

EOS price struggled to surpass the $3.660 and $3.680 resistance levels against the US Dollar.The price is currently declining and it is facing resistance near the $3.500 area.There was a break below a connecting bullish trend line with support near $3.480 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to correct lower below the $3.400 and $3.320 support levels.EOS price is currently correcting gains against the US Dollar, while bitcoin is declining....

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Litecoin (LTC) Price Analysis: Risk of More Losses Below $60

Litecoin price failed to surpass the $65.00 resistance area and declined recently against the US Dollar.LTC price is currently trading well below the $62.50 and $62.00 support levels.There was a break below a major bullish trend line with support near $61.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $58.80 and $57.50 support levels.Litecoin price is facing an increase in selling pressure against the US Dollar and...

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Eterbase Announces Exchange Market Structure Shift to EURBASE

Eterbase — the leading EU-compliant cryptocurrency exchange — recently reported achieving the milestone of over $1 million in trading volume per day after transitioning the base trading pair on its exchange from its native XBASE exchange token to its anti-inflationary stablecoin, EURBASE. The shift has accompanied a 10X increase in trading volume on the exchange over the last 8 weeks. “All current assets of the exchange will be listed under EBASE markets,” detailed the Eterbase Medium blog...

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The Year 2020 Cryptocurrency Outlook: Speculators Rely on Bitcoin ahead of Blockchain

Bitcoin comes first, ahead of blockchain, for speculators who look towards the year 2020 cryptocurrency situation. Its apparent several platforms have received support funds to create enterprise blockchains which mostly have launched out in 2019. However, the interest of speculators for such projects has waned out as they look towards fresh ideas on tokenization and cryptocurrency. This is a result of the shift in focus to the development of native cryptocurrency given rise to advancement in...

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