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Tag Archives: Trading

Bitcoin Price Analysis: BTC Rally Loses Steam Above $30K

Bitcoin price started a fresh increase above the $28,000 zone against the US Dollar. The price is now trading above $28,000 and the 55 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $28,400 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 $29,000 support zone. Bitcoin price is showing positive signs above $28,000 against the US Dollar. BTC...

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Cardano (ADA) Price Analysis: Rally Could Gain Pace Above $0.42

ADA price is showing positive signs above the $0.3800 zone against the US Dollar. The price is now trading above $0.380 and the 55 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $0.3910 on the 4-hours chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.410 and $0.420 resistance levels. Cardano price is rising above $0.3850 against the US Dollar, similar to Bitcoin. ADA price...

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Ethereum Price Analysis: ETH Rally Could Extend Above $2,000

Ethereum price is moving higher above the $1,850 resistance against the US Dollar. ETH price is now trading above $1,850 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,860 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,850 support zone. Ethereum price is rising above the $1,850 level against the US Dollar. ETH/USD could rise further if it clears the $1,940...

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Stellar Lumen (XLM) Price Turns Green above $0.10, Dips Supported

Stellar lumen price started a downside correction from the $0.115 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 $0.1040 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1050 and $0.115 resistance levels. Stellar lumen price is trading above $0.1000 against the US Dollar, similar to Bitcoin....

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Ripple Price Analysis: Fresh Rally Possible Above $0.52

Ripple price started a downside correction from the $0.5850 zone against the US dollar. The price is now trading below $0.512 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5080 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start a major increase above the $0.5120 resistance. Ripple price is consolidating near $0.500 against the US Dollar, similar to Bitcoin. XRP price...

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Bitcoin Cash Analysis: Key Breakout Resistance Sits At $130

Bitcoin cash started a decent increase above the $122 and $124 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $124.50 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $128.20 and $130 to continue higher in the near term. Bitcoin cash price is consolidating above $124 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Continue to Struggle Near $100

Litecoin started a steady increase above $88 against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $90.45 on the 4-hours 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 showing positive signs above $88 against the US Dollar, similar to Bitcoin. LTC price...

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Cardano (ADA) Price Analysis: Key Breakout Looms At $0.40

ADA price is showing positive signs above the $0.3500 zone against the US Dollar. The price is now trading above $0.350 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.3980 on the 4-hours chart (data feed via Coinbase). The price could resume its increase if it stays above the $0.380 and $0.3720 support levels. Cardano price is rising above $0.3800 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Bulls Still Aim $2,000 or Higher

Ethereum price is moving higher above the $1,800 resistance against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,830 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,800 support zone. Ethereum price is consolidating above the $1,830 level against the US Dollar. ETH/USD could rise further if it clears the...

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Tron (TRX) Price Analysis: Bulls Aim Important Bullish Break

Tron price started a fresh increase from the $0.058 level against the US Dollar. TRX price is now trading above $0.0632 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0665 resistance zone. TRON price started a fresh increase above $0.0632 against the US Dollar, similar to Bitcoin. TRX’s price could rise...

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