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Tag Archives: Trading

Bitcoin Cash Analysis: Indicators Suggest Fresh Increase To $250

Bitcoin cash is eyeing a fresh increase above the $235 resistance against the US Dollar. The price is now trading above the $220 zone and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $222 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $235 and $242 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $220 against the US Dollar,...

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EOS Price Analysis: Risk of Downside Thrust Toward $0.50 Still Exist

EOS price remained in a bearish zone and declined below the $0.550 zone against the US Dollar. The price is now trading below $0.545 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5475 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.525 and $0.520 resistance levels. EOS price is struggling below $0.540 against the US...

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Litecoin (LTC) Price Analysis: Bulls Lose Control As Bears Aim For $50

Litecoin started a fresh decline from the $66.50 resistance zone against the US Dollar. LTC price is now trading below $62.50 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $62.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless there is a recovery wave above $62.00. Litecoin price is struggling below $62.50 against the US Dollar, like Bitcoin....

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Solana (SOL) Price Analysis: More Gains Possible Above $25

Solana price started a decent increase above the $22.40 resistance against the US Dollar. The price is now trading above $23.50 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $23.20 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $24.40 and $25.00 to continue higher in the near term. Solana price is trading in a positive zone above $23.50 against the US...

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Bitcoin Price Analysis: BTC Rally Could Resume Above $28,800

Bitcoin price started a downside correction from the $30,000 zone against the US Dollar. The price is now trading above $28,000 and the 55 simple moving average (4 hours). There is a short-term contracting triangle with support near $28,250 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 $27,750 support zone. Bitcoin price is correcting lower below $28,750 against the US Dollar. BTC...

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Cardano (ADA) Price Analysis: This Support Might Trigger Bullish Wave

ADA price is attempting a fresh increase above the $0.250 zone against the US Dollar. The price is now trading above $0.250 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.2485 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.2550 and $0.2580 levels. Cardano price is holding the $0.250 support against the US Dollar, like Bitcoin. ADA price could gain...

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Ethereum Price Analysis: ETH Eyes Fresh Increase To $1,750

Ethereum price is eyeing an upside break above the $1,640 resistance against the US Dollar. ETH price is now trading above $1,575 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $1,560 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,560 support zone. Ethereum price is consolidating above the $1,560 level against the US Dollar. ETH/USD could rise...

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Stellar Lumen (XLM) Price Aims Fresh Rally If It Clears This Hurdle

Stellar lumen price is attempting a fresh increase from the $0.1020 zone against the US Dollar. XLM price is now trading above $0.1050 and the 55 simple moving average (4 hours). There was a break above a connecting bearish trend line with resistance near $0.1048 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1106 resistance zone. Stellar lumen price is trading above $0.1050 against the US...

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XRP Price Analysis: XRP Turns At Risk Below $0.50

XRP price started a fresh decline below the $0.520 zone against the US dollar. The price is now trading below $0.50 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.492 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.472 support zone. XRP price is struggling below $0.50 against the US Dollar, like Bitcoin. The price could decline...

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Bitcoin Cash Analysis: Bulls Protect Key Support But Upsides Limited

Bitcoin cash price started a fresh decline below the $230 zone against the US Dollar. The price is now trading below the $225 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $214 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a fresh decline if it stays below the $225 resistance zone. Bitcoin cash price is struggling below the $230 zone against the US Dollar,...

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