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Tag Archives: Trading

XRP Price Analysis: What Could Spark Fresh Rally To $0.60

XRP price started a downside correction below the $0.565 zone against the US dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5440 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.565 resistance. XRP price is consolidating near $0.550 against the US Dollar, like Bitcoin. It must stay above the...

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Bitcoin Cash Analysis: Bulls Struggle To Protect This Key Support

Bitcoin cash price started a downside correction from the $270 zone against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support at $242 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 $270 zone against the US...

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EOS Price Analysis: Rally Could Extend By 20%

EOS price started a fresh increase from the $0.525 support against the US Dollar. The price is now trading above $0.580 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.594 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 $0.6150 and $0.625 resistance levels. EOS price is rising above $0.580 against the US Dollar, like Bitcoin. The price...

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Litecoin (LTC) Price Analysis: Bulls Aim For Rally To $80

Litecoin started a steady increase above $65 against the US Dollar. LTC price is now trading above $66 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $69.75 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $70.80 and $72.00 resistance levels. Litecoin price is showing positive signs above $68 against the US Dollar, similar to Bitcoin. LTC...

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Solana (SOL) Price Analysis: Bulls In Control Above $28.50

Solana price started a steady increase above the $25.00 resistance against the US Dollar. The price is now trading above $28.50 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $30.40 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $32.00 and $32.80 to continue higher in the near term. Solana price is trading in a positive zone above $28.50 against the US Dollar, like...

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Bitcoin Price Analysis: BTC Could Surge Further Toward $40K

Bitcoin price started a strong increase above the $32,500 zone against the US Dollar. The price is now trading above $33,000 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $31,950 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 $30,000 support zone. Bitcoin price is showing positive signs above $33,500 against the US Dollar. BTC might...

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Cardano (ADA) Price Analysis: More Gains Seems Likely Above $0.30

ADA price is showing positive signs above the $0.278 zone against the US Dollar. The price is now trading above $0.280 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.2520 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.290 and $0.300 resistance levels. Cardano price is rising above $0.278 against the US Dollar, like Bitcoin. ADA price...

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Ethereum Price Analysis: ETH Rally Could Extend To $1,920

Ethereum price is moving higher above the $1,750 resistance against the US Dollar. ETH price is now trading above $1,750 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,740 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,740 support zone. Ethereum price is rising above the $1,740 level against the US Dollar. ETH/USD could rise further if it clears the...

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Stellar Lumen (XLM) Price Could Rally Further Toward $0.12

Stellar lumen price is rising toward the $0.1165 resistance zone against the US Dollar. XLM price is now trading above $0.1075 and the 55 simple moving average (4 hours). There is a short-term rising channel forming with support near $0.1100 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1125 and $0.1165 resistance levels. Stellar lumen price is trading above $0.1080 against the US Dollar, like bitcoin. XLM...

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XRP Price Analysis: Bitcoin Could Lead XRP Higher To $0.580

XRP price is gaining pace above the $0.505 support against the US dollar. The price is now trading above $0.512 and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $0.5350 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above $0.500. XRP price is rising above $0.505 against the US Dollar, like Bitcoin. The price must stay above $0.500 to continue...

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