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Tag Archives: Trading

Ripple Price Analysis: More Upsides Possible Above $1.4

Ripple price started a strong increase above the $1.25 resistance against the US dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.245 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise once it clears the $1.365 resistance zone in the near term. Ripple price is gaining pace above the $1.30 support against the...

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Bitcoin Cash Analysis: Bulls Aim Upside Break above $700

Bitcoin cash price started a fresh increase above the $650 resistance against the US Dollar. The price is now trading above the $650 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $660 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $680 and $690 resistance levels. Bitcoin cash price is moving higher above $650 against the US Dollar, similar...

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EOS Price Analysis: Signs of Upside Continuation To $6

EOS price started a fresh increase above the $5.00 resistance zone against the US Dollar. The price is now trading above $5.00 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $5.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it settles above the $5.40 pivot level. EOS price is gaining pace above $5.00 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Aim Test of $200

Litecoin price started a fresh increase above the $175 resistance zone against the US Dollar. LTC price is now trading above $180 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $174 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must stay above the $175 support to continue higher in the near term. Litecoin price is gaining pace above $180 against the US Dollar, similar to...

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Tron (TRX) Price Analysis: Bulls Eye Upside Break above $0.09

Tron price is still struggling to clear the $0.0900 resistance zone against the US Dollar. TRX price is now trading above $0.0850 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher if it clears the $0.0900 and $0.0920 resistance levels. TRON price is slowly moving higher above $0.0850 against the US Dollar, similar to...

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Bitcoin Price Analysis: BTC Struggles Below $48K

Bitcoin price failed to gain pace above the $49,000 resistance against the US Dollar. The price is now trading below $48,000 and the 55 simple moving average (4-hours). There are two bearish trend lines forming with resistance near $48,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $46,500 support level to continue higher in the near term. Bitcoin price is struggling to climb above $48,000 against the US Dollar. BTC...

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Cardano (ADA) Price Analysis: Key Breakout Could Trigger Rally

ADA price started a fresh increase above the $2.50 resistance against the US Dollar. The price is now trading near $2.75 and the 55 simple moving average (4-hours). There is a key bullish flag pattern forming with resistance near $2.85 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase if it clears the $2.90 resistance zone in the near term. Cardano price is showing positive signs above $2.60 against the US Dollar, similar to...

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Ethereum Price Analysis: ETH Holds Key Uptrend Support

Ethereum price is holding gains above the $3,150 support against the US Dollar. ETH price is now trading near $3,200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,150 and $3,140. Ethereum price is showing bearish signs below $3,250 against the US Dollar. ETH/USD must stay above the $3,150 support to...

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Stellar Lumen (XLM) Price Could Struggle To Continue Higher

Stellar lumen price failed to gain strength above $0.3800 against the US Dollar. XLM price is now trading below $0.3500 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.3590 on the 4-hours chart (data feed via Kraken). The pair is likely to continue lower as long as it is below the $0.3700 resistance. Stellar lumen price is slowly moving lower below $0.3500 against the US Dollar, similar to bitcoin. XLM...

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Ripple Price Analysis: Risk of a Larger Decline

Ripple price failed to settle above $1.30 and corrected lower against the US dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1.210 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down as long as it is below $1.200 and $1.205. Ripple price is holding gains above the $1.00 support against the US Dollar, similar...

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