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Tag Archives: Trading

Cardano (ADA) Price Analysis: Dips Remain Attractive To The Bulls

ADA price is correcting gains from the $0.422 zone against the US Dollar. The price is now trading above $0.395 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $0.395 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it stays above the $0.395 and $0.384 support levels. Cardano price is correcting lower below $0.412 against the US Dollar, similar to bitcoin. ADA price...

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Ethereum Price Analysis: ETH Aims Another Increase To $2K

Ethereum price is moving higher above the $1,650 resistance against the US Dollar. ETH price is now trading above $1,600 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with support near $1,660 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 $1,660 level against the US Dollar. ETH/USD could rise further if it clears the...

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Stellar Lumen (XLM) Price Aims Key Upside Break Above $0.10

Stellar lumen price is facing a major resistance near the $0.095 zone against the US Dollar. XLM price is now trading above $0.090 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0900 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.0935 and $0.095 resistance levels. Stellar lumen price is trading above $0.0900 against the US Dollar, similar to bitcoin. XLM...

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Ripple Price Analysis: Risk of More Losses Below $0.38

Ripple price started a fresh decline from the $0.4050 zone against the US dollar. The price is now trading above $0.3850 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3950 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.4050 resistance zone. Ripple price is struggling below $0.4050 against the US Dollar, similar to bitcoin. XRP price...

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Bitcoin Cash Analysis: Bears Active Below $135

Bitcoin cash price started a fresh decline from the $135 zone 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 bullish trend line forming with support near $128 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 $128 and $125 support levels. Bitcoin cash price is declining from the $135 zone against the US Dollar, unlike...

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EOS Price Analysis: Bulls Could Face Hurdles Near $1.15

EOS price started a fresh increase from the $1.00 support against the US Dollar. The price is now trading above $1.05 and the 55 simple moving average (4-hours). There is a major connecting trend line forming with resistance near $1.15 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 $1.135 and $1.150 resistance levels. EOS price is rising above $1.05 against the US Dollar, similar to bitcoin. The...

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Litecoin (LTC) Price Analysis: Bulls Aim Key Upside Break

Litecoin started a steady increase above $95 against the US Dollar. LTC price is now trading above $95 and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance at $92 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 showing positive signs above $95 against the US Dollar, similar to bitcoin. LTC...

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Tron (TRX) Price Analysis: Bulls Aim $0.072 or Higher

Tron price started a fresh increase above the $0.062 level against the US Dollar. TRX price is now trading above $0.064 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 $0.0675 resistance zone. TRON price started a fresh increase above $0.062 against the US Dollar, similar bitcoin. TRX price could rise further if...

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Bitcoin Price Analysis: BTC At Risk of Another Decline

Bitcoin price started a fresh decline from the $24,200 zone against the US Dollar. The price is now trading below $23,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $22,300 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $22,300 and $22,800 resistance levels. Bitcoin price is declining below $23,000 against the US Dollar. BTC...

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Cardano (ADA) Price Analysis: Bears Active Below $0.38

ADA price is trading in a bearish zone below the $0.40 support zone against the US Dollar. The price is now trading above $0.38 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3750 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.3750 resistance zone. Cardano price is struggling below $0.38 against the US Dollar, similar to bitcoin. ADA price could...

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