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Tag Archives: Trading

Bitcoin Cash Analysis: Bears Gain Strength Below $550

Bitcoin cash price started a fresh decline from the $570 zone against the US Dollar. The price is now trading below the $550 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $505 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 $525 resistance zone. Bitcoin cash price is struggling below the $550 zone against the US Dollar,...

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EOS Price Analysis: Uptrend At Risk Below $0.85

EOS price started a fresh decline after it failed to clear $1.150 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a declining channel forming with resistance at $0.770 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 $0.775 and $0.80 resistance levels. EOS price is struggling below $1.00 against the US Dollar, unlike Bitcoin....

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Litecoin (LTC) Price Analysis: Bears Take Control Below $90

Litecoin started a fresh decline from the $105 resistance zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $87.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $70.00 support zone. Litecoin price is struggling below $90.00 against the US Dollar, like...

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Solana (SOL) Price Analysis: Price Dips 50%, Can It Recover?

Solana price gained bearish momentum below the $150 level against the US Dollar. The price is now trading below $150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $155 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $150 resistance. Solana price is trading in a bearish zone below $160 against the US Dollar, like...

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Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold?

Bitcoin price started a fresh decline below the $65,000 level against the US Dollar. The price is now trading below $65,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $64,550 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could face heavy resistance near the $64,500 zone in the near term. Bitcoin price is declining below $66,000 against the US Dollar. BTC might extend...

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Cardano (ADA) Price Analysis: Bears In Action Below $0.52

ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4940 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.520 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...

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Ethereum Price Analysis: ETH Revisits Support As Bears Take Control

Ethereum price is struggling below the $3,400 resistance against the US Dollar. ETH price is now trading below $3,320 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $3,200 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $3,200 and $3,320. Ethereum price is declining below $3,400 against the US Dollar. ETH/USD remains at a risk of more downsides if it...

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Stellar Lumen (XLM) Price Recovery Faces Many Hurdles At $0.1150

Stellar lumen price is attempting a recovery wave from the $0.0920 zone against the US Dollar. XLM price is now trading below $0.1200 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.1195 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1200 resistance zone. Stellar lumen price is consolidating above $0.1020 against the US Dollar, like...

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XRP Price Analysis: Bulls Aim Recovery To $0.58

XRP price is attempting a recovery wave from the $0.3850 zone against the US dollar. The price is now trading below $0.550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.5150 resistance. XRP price is consolidating near $0.500 against the US Dollar, like Bitcoin. It must...

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Bitcoin Cash Analysis: Bulls Continue To Protect Key Support

Bitcoin cash is eyeing a fresh increase above the $650 resistance against the US Dollar. The price is now trading below the $640 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance at $655 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $650 and $655 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $600 against the US Dollar,...

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