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Tag Archives: Trading

Bitcoin Cash Analysis: Downside Break Below $100 Seems Real

Bitcoin cash price started a fresh decline from the $105 zone against the US Dollar. The price is now trading below the $102 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $100 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 $95 and $92 support levels. Bitcoin cash price is declining from the $105 zone against the US Dollar, similar...

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EOS Price Analysis: Risk of More Losses Below $0.83

EOS price is still facing selling pressure below the $0.90 support against the US Dollar. The price is now trading below $0.88 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.880 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.88 and $0.900 resistance levels. EOS price is struggling below $0.90 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bears Are Active Near $68

Litecoin started a fresh decline below the $75 zone against the US Dollar. LTC price is now trading below $72 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $68.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $68 and $70 resistance levels in the near term. Litecoin price is struggling below $72 against the US Dollar, similar to bitcoin. LTC price...

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Tron (TRX) Price Analysis: Bears Aim $0.052 or Lower

Tron price started a fresh decline from the $0.0558 level against the US Dollar. TRX price is now trading below $0.0550 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0540 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0533 support zone. TRON price started a fresh decline below the $0.0550 against the US Dollar, similar bitcoin. TRX price could...

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Bitcoin Price Analysis: BTC Could Drop To New 2022 Lows

Bitcoin price started a fresh decline below the $17,000 zone against the US Dollar. The price is now trading below $17,000 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $16,825 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 $17,000 resistance zone. Bitcoin price is struggling below $17,000 against the US Dollar. BTC might...

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Cardano (ADA) Price Analysis: Key Resistance And Downtrend Intact

ADA price is trading in a bearish zone below the $0.30 support zone against the US Dollar. The price is now trading above $0.26 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.285 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.2850 resistance zone. Cardano price is struggling below $0.285 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Could Attempt Fresh Increase Above $1,240

Ethereum price is slowly moving higher above the $1,200 level against the US Dollar. ETH price is now trading above $1,200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,210 on the 4-hours chart (data feed from Coinbase). The pair could start a decent increase if it clears the $1,240 resistance zone. Ethereum price is struggling below $1,240 against the US Dollar. ETH/USD could start another decline if it...

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Stellar Lumen (XLM) Price Struggle Continues, Key Resistance Intact

Stellar lumen price is showing bearish signs below the $0.076 resistance zone against the US Dollar. XLM price is now trading below $0.078 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0780 on the 4-hours chart (data feed via Kraken). The pair could start a major decline if there is a clear move below the $0.0725 support. Stellar lumen price is trading below $0.0760 against the US Dollar, similar to...

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Ripple Price Analysis: Bulls Struggle Below $0.36

Ripple price started a fresh decline below the $0.3900 zone against the US dollar. The price is now trading below $0.3700 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $0.3495 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3600 resistance zone. Ripple price is struggling below $0.370 against the US Dollar, similar to bitcoin. XRP...

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Bitcoin Cash Analysis: Recovery Could Fade Near $102

Bitcoin cash price started a fresh decline from the $112 zone against the US Dollar. The price is now trading below the $105 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $103 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 $98 and $95 support levels. Bitcoin cash price is declining from the $112 zone against the US Dollar, similar...

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