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Tag Archives: Trading

Bitcoin Price Analysis: BTC Could Restart Rally Above This Resistance

Bitcoin price is attempting a fresh increase from the $29,800 zone against the US Dollar. The price is now trading above $30,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $30,800 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $31,500 resistance zone. Bitcoin price is rising from $29,800 against the US Dollar. BTC might eye...

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Cardano (ADA) Price Analysis: Is the Recovery Just Getting Started?

ADA price is struggling to climb above the $0.2920 zone against the US Dollar. The price is now trading near $0.288 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.2850 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.292 and $0.302 levels. Cardano price is holding the $0.276 support against the US Dollar, similar to Bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Aims Fresh Run To $2,000

Ethereum price is eyeing an upside break above the $1,900 resistance against the US Dollar. ETH price is now trading below $1,890 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,900 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,825 support zone. Ethereum price is rising above the $1,850 level against the US Dollar. ETH/USD could rise further if it...

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Stellar Lumen (XLM) Price Eyes Another Increase Above $0.10

Stellar lumen price started a downside correction from the $0.1180 zone against the US Dollar. XLM price is now trading below $0.1050 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.100 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.10 and $0.102 resistance levels. Stellar lumen price is trading above $0.095 against the US Dollar, similar to...

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Ripple Price Analysis: XRP Could Struggle Above 0.485

Ripple price started a fresh decline from the $0.4950 zone against the US dollar. The price is now trading below $0.485 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.476 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.485 resistance zone. Ripple price is struggling below $0.485 against the US Dollar, similar to Bitcoin. XRP...

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Bitcoin Cash Analysis: Fresh Rally Possible To $330

Bitcoin cash is eyeing a fresh rally above the $300 resistance against the US Dollar. The price is now trading above the $260 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $289 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $290 and $300 to continue higher in the near term. Bitcoin cash price is consolidating gains above $260 against the US Dollar, unlike...

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EOS Price Analysis: Bulls Protecting Key Support at $0.70

EOS price started a downside correction from the $0.808 resistance against the US Dollar. The price is now trading below $0.74 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.715 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.74 and $0.75 resistance levels. EOS price is declining from $0.808 against the US Dollar, similar...

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Litecoin (LTC) Price Analysis: Uptrend Intact Above $100

Litecoin started a downside correction from the $115 zone against the US Dollar. LTC price is now trading above $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $104.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $105 resistance. Litecoin price is correcting gains from $115 against the US Dollar, similar to Bitcoin. LTC price...

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Tron (TRX) Price Analysis: More Gains Possible Above $0.08

Tron price started a fresh increase above the $0.0725 level against the US Dollar. TRX price is now trading above $0.0750 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0762 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0785 resistance zone. TRON price started a fresh increase above $0.0750 against the US Dollar, outpacing Bitcoin. TRX’s price could...

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Bitcoin Price Analysis: BTC Eyes More Upsides Above $31,250

Bitcoin price is trading below the $31,250 zone against the US Dollar. The price is now trading above $30,500 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $30,300 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 $30,000 against the US Dollar. BTC might correct...

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