Ripple price is facing resistance near the $0.535 level against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.540 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.540 and $0.564. Ripple price is struggling below $0.540 against the US Dollar, like Bitcoin. XRP price must...
Read More »Bitcoin Cash Analysis: Recovery Could Be Capped Near $210
Bitcoin cash price started a fresh decline below the $200 zone against the US Dollar. The price is now trading near the $192 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $210 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 $210 resistance zone. Bitcoin cash price is struggling below the $210 zone against the US Dollar,...
Read More »EOS Price Analysis: Upsides Could Be Capped Near $0.625
EOS price started a fresh decline below the $0.625 zone against the US Dollar. The price is now trading below $0.610 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6145 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 $0.615 and $0.625 resistance levels. EOS price is struggling below $0.615 against the US Dollar, unlike Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bears In Control Below $72
Litecoin is showing bearish signs and trading below $75 against the US Dollar. LTC price is now trading below $72 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $72 resistance zone. Litecoin price is struggling below $75 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Tron (TRX) Price Analysis: Bulls Aim Fresh Increase To $0.080
Tron price started a fresh increase from the $0.0715 level against the US Dollar. TRX price is now trading above $0.0750 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0758 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0760 resistance zone. TRON price started a fresh increase above $0.0735 against the US Dollar, similar to Bitcoin. TRX’s...
Read More »Bitcoin Price Analysis: BTC Could Extend Losses Below $25K
Bitcoin price started a fresh decline below the $28,500 level against the US Dollar. The price is now trading below $28,000 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $26,050 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $24,500 and $24,000 levels. Bitcoin price is declining below $28,000 against the US Dollar. BTC might extend losses...
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $0.25
ADA price is gaining bearish momentum below the $0.280 support zone against the US Dollar. The price is now trading below $0.275 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.2750 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.275 resistance zone. Cardano price is struggling below $0.280 against the US Dollar, similar to Bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Signals Downtrend Below $1,700
Ethereum price is struggling below the $1,800 resistance against the US Dollar. ETH price is now trading below $1,780 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $1,690 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,690 and $1,700. Ethereum price is declining below $1,700 against the US Dollar. ETH/USD remains at a risk of more downsides below...
Read More »Stellar Lumen (XLM) Price Could Fail To Recover Above $0.135
Stellar lumen price is struggling below the $0.135 resistance zone against the US Dollar. XLM price is now trading below $0.130 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.131 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.135 resistance. Stellar lumen price is trading below $0.135 against the US Dollar, similar to Bitcoin. XLM price could...
Read More »Ripple Price Analysis: Upsides Could Be Limited Above $0.58
Ripple price is facing resistance near the $0.580 level against the US dollar. The price is now trading below $0.565 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.580 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.565 and $0.580. Ripple price is struggling below $0.580 against the US Dollar, unlike Bitcoin. XRP price must...
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