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Tag Archives: Trading

Bitcoin Cash Analysis: Decline Could Extend To $110

Bitcoin cash price started a fresh decline from the $142 zone against the US Dollar. The price is now trading below the $135 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $135 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $126 and $122 support levels. Bitcoin cash price is declining from the $142 zone against the US Dollar,...

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EOS Price Analysis: Risk of Downside Break Emerges

EOS price started a downside correction from the $1.135 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $1.062 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $1.02 support zone. EOS price is declining from $1.135 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls In Control Above $92

Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading below $100 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $95 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains above the $100 and $105 resistance levels. Litecoin price is correcting gains from $102 against the US Dollar, similar to bitcoin. LTC price could start...

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Tron (TRX) Price Analysis: Uptrend Intact Above $0.06

Tron price started a fresh increase above the $0.060 level against the US Dollar. TRX price is now trading above $0.062 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0640 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 $0.060 against the US Dollar, similar bitcoin. TRX price could rise further if...

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Bitcoin Price Analysis: BTC Remains Supported For More Upsides

Bitcoin price started a fresh increase from the $22,650 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $23,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,350 support zone. Bitcoin price is rising above $23,000 against the US Dollar. BTC might extend gains...

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Cardano (ADA) Price Analysis: Downside Correction Could Be Limited

ADA price is correcting gains from the $0.415 zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4-hours). There was a break below a key rising channel with support near $0.388 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it stays above the $0.370 and $0.365 support levels. Cardano price is correcting lower below $0.40 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: Dips Remain Attractive Near $1,550

Ethereum price is correcting gains below the $1,650 level against the US Dollar. ETH price is now trading near $1,630 and the 55 simple moving average (4-hours). There is a key contacting triangle forming with support near $1,610 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,600 support zone. Ethereum price is consolidating above the $1,600 level against the US Dollar. ETH/USD could rise further if it clears the...

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Stellar Lumen (XLM) Price Faces Uphill Task Near $0.095

Stellar lumen price started a downside correction from the $0.095 resistance zone against the US Dollar. XLM price is now trading below $0.092 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0930 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.093 and $0.095 resistance levels. Stellar lumen price is trading above $0.0880 against the US Dollar, similar to...

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Ripple Price Analysis: Key Support Intact Near $0.375

Ripple price is facing resistance near the $0.420 level against the US dollar. The price is now trading below $0.410 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could decline further if there is now move above the $0.4120 resistance. Ripple price is correcting lower from $0.4320 against the US Dollar, similar bitcoin. XRP...

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Bitcoin Cash Analysis: Increase To $160 Seems Likely

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 $132 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $145 and $150 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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