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Tag Archives: Trading

Bitcoin Cash Analysis: Risk of Downside Thrust Below $230

Bitcoin cash price started a fresh decline below the $255 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $248 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $254 resistance zone. Bitcoin cash price is declining below the $250 zone against the US...

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EOS Price Analysis: Risk of More Losses Below $0.73

EOS price started a fresh decline from the $0.80 zone against the US Dollar. The price is now trading below $0.765 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.767 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 $0.760 and $0.780 resistance levels. EOS price is struggling below $0.760 against the US Dollar, like Bitcoin....

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Litecoin (LTC) Price Analysis: Fresh Increase Possible Above This Resistance

Litecoin is slowly moving higher from the $88 support against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $92.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $92 and $95 resistance levels. Litecoin price is recovering from the $88 zone against the US Dollar, similar to Bitcoin....

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Solana (SOL) Price Analysis: Key Support Nearby At $22.75

Solana price gained bearish momentum below the $28.00 level against the US Dollar. The price is now trading below $25 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $25.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $25 resistance. Solana price is trading in a bearish zone below $25 against the US Dollar, similar to...

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Bitcoin Price Analysis: BTC Turns Red Below $30K

Bitcoin price started a fresh decline below the $30,000 pivot level against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $29,600 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $28,500 and $28,000 levels. Bitcoin price is declining below $29,500 against the US Dollar. BTC might...

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $0.30

ADA price is gaining bearish momentum below the $0.325 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.3110 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.325 resistance zone. Cardano price is struggling below $0.320 against the US Dollar, similar to Bitcoin. ADA...

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Ethereum Price Analysis: ETH Shows Bearish Signs Below $1,900

Ethereum price is struggling below the $1,900 resistance against the US Dollar. ETH price is now trading below $1,880 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,880 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,880 and $1,900. Ethereum price is declining below $1,900 against the US Dollar. ETH/USD remains at a risk of more downsides below...

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Stellar Lumen (XLM) Price Remains Supported For Fresh Rally Above $0.18

Stellar lumen price started a downside correction from the $0.180 zone against the US Dollar. XLM price is now trading above $0.1450 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.160 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.160 and $0.1675 resistance levels. Stellar lumen price is trading above $0.150 against the US Dollar, similar to...

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Ripple Price Analysis: Bulls Protect Uptrend Support, Aims Fresh Rally

Ripple price started a downside correction below the $0.820 zone against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.738 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.750 resistance. Ripple price is consolidating near $0.720 against the US Dollar, similar to Bitcoin. XRP price...

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Bitcoin Cash Analysis: Bears In Action Below $250

Bitcoin cash price started a fresh decline below the $265 zone against the US Dollar. The price is now trading below the $255 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $265 resistance zone. Bitcoin cash price is declining below the $255 zone against the US Dollar,...

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