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Tag Archives: Trading

EOS Price Analysis: Risk of More Losses Below $0.95 Escalates

EOS price started a fresh decline after it failed to clear $1.1350 against the US Dollar. The price is now trading below $1.050 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $1.10 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 $1.00 and $1.020 resistance levels. EOS price is struggling below $1.020 against the US Dollar,...

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Litecoin (LTC) Price Analysis: Bulls In Control Above $90

Litecoin is gaining pace above the $90.00 resistance against the US Dollar. LTC price is now trading above $95.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $97.40 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $103.20 and $105.00 resistance levels. Litecoin price is holding gains above $90 against the US Dollar, like Bitcoin. LTC...

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Solana (SOL) Price Analysis: Dips Attractive Near $170

Solana price started a downside correction from the $205 zone against the US Dollar. The price is now trading below $190 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $190 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $172 and $162 support levels to start another increase. Solana price is correcting gains from $205 against the US Dollar, like Bitcoin....

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Bitcoin Price Analysis: BTC Could Soon Retest $60.5K, Here’s Why

Bitcoin price started a downside correction from the $71,500 zone against the US Dollar. The price is now trading below $68,000 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $68,200 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $63,350 support zone. Bitcoin price is correcting lower below $68,000 against the US Dollar. BTC...

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Cardano (ADA) Price Analysis: Risk of Downside Break Below $0.58

ADA price started a downside correction from the $0.6840 zone against the US Dollar. The price is now trading below $0.650 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.6480 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.6260 and $0.650 resistance levels. Cardano’s price is struggling below $0.650 against the US Dollar, like Bitcoin. ADA...

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Ethereum Price Analysis: ETH Dips Again As Bears Aim $3,200

Ethereum price started a downside correction from the $3,680 resistance against the US Dollar. ETH price is now trading below $3,550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,535 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,550 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...

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Stellar Lumen (XLM) Price Turns Green And Could Rally To $0.165

Stellar lumen price is attempting a fresh increase above the $0.1320 zone against the US Dollar. XLM price is now trading above $0.1400 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.1390 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.1450 resistance zone. Stellar lumen price is trading above $0.1400 against the US Dollar, like Bitcoin. XLM...

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XRP Price Analysis: Fresh Rally If Bulls Clear This Resistance

XRP price is attempting a fresh increase above the $0.60 support against the US dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.6240 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 $0.6565 resistance. XRP price is consolidating above $0.60 against the US Dollar, like Bitcoin. It must stay...

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Bitcoin Cash Analysis: Bulls Aim For $600 or Higher

Bitcoin cash started a strong increase above the $500 and $520 levels against the US Dollar. The price is now trading above the $540 zone and the 55 simple moving average (4 hours). There is also a key bullish trend line forming with support at $525 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $585 and $600 to continue higher in the near term. Bitcoin cash price is climbing above $550 against the US Dollar, like Bitcoin....

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EOS Price Analysis: More Gains Likely Above $1.105

EOS price started a downside correction from the $1.1060 zone against the US Dollar. The price is now trading above $1.050 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1.050 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 $1.1060 and $1.150 resistance levels. EOS price is declining below $1.1050 against the US Dollar, like...

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