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Tag Archives: Trading

Tron (TRX) Price Analysis: Decline Could Extend To $0.055

Tron price started a fresh downside correction from the $0.064 zone against the US Dollar. TRX price is now trading below $0.0620 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0620 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0585 support zone. TRON price started a downside correction below the $0.0620 against the US Dollar, similar bitcoin. TRX...

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Bitcoin Price Analysis: BTC Aims More Gains above $23K

Bitcoin price started a fresh increase from the $20,400 zone against the US Dollar. The price is now trading above $22,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $22,450 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 $21,500 resistance zone. Bitcoin price is rising above $22,000 against the US Dollar. BTC might extend gains if...

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Cardano (ADA) Price Analysis: Rally Could Accelerate Above $0.38

ADA price seems to be forming a support base above the $0.35 level against the US Dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.348 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.380 and $0.388 levels. Cardano price is showing positive signs above $0.350 against the US Dollar, similar to...

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Ethereum Price Analysis: Bulls Aim $1,800 or Higher

Ethereum price is gaining pace above the $1,550 level against the US Dollar. ETH price is now trading above $1,500 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $1,610 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,680 resistance zone. Ethereum price is rising above the $1,550 level against the US Dollar. ETH/USD could rise further if it clears the $1,680...

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Stellar Lumen (XLM) Price Eyes Bullish Break Above $0.10

Stellar lumen price started a fresh increase above the $0.085 resistance zone against the US Dollar. XLM price is now trading above $0.085 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0875 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.0870 and $0.0850 support levels. Stellar lumen price is trading above $0.0880 against the US Dollar, similar to...

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Ripple Price Analysis: Bulls In Control Above $0.38

Ripple price is moving higher above the $0.385 level against the US dollar. The price is now trading above $0.385 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3910 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.4160 resistance zone in the near term. Ripple price is rising steadily above $0.390 against the US Dollar, unlike...

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Bitcoin Cash Analysis: Dips Remain Attractive Near $115

Bitcoin cash started a decent increase above the $108 and $112 resistance levels against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $118 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $125 and $130 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to...

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EOS Price Analysis: Risk of More Losses Below $0.95

EOS price started a fresh decline from the $1.08 resistance zone against the US Dollar. The price is now trading below $1.0 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.04 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.98 and $1.00 resistance levels. EOS price is struggling below $1.00 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Could Be Active Near $80

Litecoin started a strong increase above $80 against the US Dollar. LTC price is now trading below $80 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $86.50 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 $80. Litecoin price is correcting gains from $92 against the US Dollar, similar to bitcoin. LTC price could...

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Tron (TRX) Price Analysis: Bulls In Control Above $0.06

Tron price started a fresh increase above the $0.055 level against the US Dollar. TRX price is now trading above $0.058 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0608 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0650 resistance zone. TRON price started a fresh increase above $0.058 against the US Dollar, similar bitcoin. TRX price could rise further if...

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