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Tag Archives: Trading

Solana (SOL) Price Analysis: Rally Seems Far From Over

Solana price started a decent increase above the $23.80 resistance against the US Dollar. The price is now trading above $24 and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $26.20 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $24.00 and $23.80 support levels to start another increase. Solana price is trading in a positive zone above $24 against the US Dollar, similar...

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Bitcoin Price Analysis: BTC Eyes More Gains Above $31K

Bitcoin price is trading in a positive zone from the $29,250 support against the US Dollar. The price is now trading above $29,500 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $30,400 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 $30,400 resistance zone. Bitcoin price is rising from $29,250 against the US Dollar. BTC might eye...

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Cardano (ADA) Price Analysis: Rally Could Resume Above $0.45

ADA price is gaining pace above the $0.4200 zone against the US Dollar. The price is now trading above $0.400 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.4410 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.441 and $0.450 resistance levels. Cardano’s price is rising above $0.400 against the US Dollar, similar to Bitcoin. ADA price could resume its...

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Ethereum Price Analysis: ETH Holds Key Uptrend Support

Ethereum price is moving higher above the $2,000 resistance against the US Dollar. ETH price is now trading above $2,000 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $2,060 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $2,000 support zone. Ethereum price is rising above the $2,000 level against the US Dollar. ETH/USD could rise further if it clears the $2,140...

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Stellar Lumen (XLM) Price Eyes Fresh Increase Above $0.112

Stellar lumen price started a downside correction from the $0.115 zone against the US Dollar. XLM price is now trading above $0.1060 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.1055 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1085 and $0.112 resistance levels. Stellar lumen price is trading above $0.1050 against the US Dollar, similar to...

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Ripple Price Analysis: Dips Likely To Be Supported Above $0.5

Ripple price started a downside correction from the $0.5500 zone against the US dollar. The price is now trading above $0.505 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5090 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.5200 resistance. Ripple price is consolidating near $0.510 against the US Dollar, similar to Bitcoin. XRP price must...

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Bitcoin Cash Analysis: Bulls Aim Higher, $150 Possible Target

Bitcoin cash started a decent increase above the $125 and $130 levels against the US Dollar. The price is now trading above the $130 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $129.20 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $135 and $142 to continue higher in the near term. Bitcoin cash price is climbing above $130 against the US Dollar, similar to Bitcoin....

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EOS Price Analysis: Indicators Suggest Upside Break To $1.3

EOS price started a fresh increase from the $1.12 support against the US Dollar. The price is now trading above $1.15 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.24 and $1.25 resistance levels. EOS price is rising above $1.18 against the US Dollar, similar to Bitcoin. The price could...

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Litecoin (LTC) Price Analysis: Dips Supported Near $90

Litecoin started a steady increase above $90 against the US Dollar. LTC price is now trading above $90 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $91 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $87.20. Litecoin price is correcting gains from $98 against the US Dollar, similar to Bitcoin. LTC price could continue...

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Solana (SOL) Price Analysis: Dips Turn Attractive Near $22

Solana price started a decent increase above the $22 resistance against the US Dollar. The price is now trading above $22 and the 55 simple moving average (4 hours). There was a break above a major contracting with resistance near $21.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $21.80 and $21.50 support levels to start another increase. Solana price is trading above $22 against the US Dollar, similar to Bitcoin. SOL...

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