Bitcoin price started a recovery wave above the $16,500 support against the US Dollar. The price is now trading above $16,600 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $16,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover further if it clears the $17,420 resistance zone. Bitcoin price is recovering above $16,600 against the US Dollar. BTC might extend its recovery if it stays above the...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Fresh Increase Above $0.335
ADA price seems to be forming a support base above the $0.30 level against the US Dollar. The price is now trading above $0.312 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.314 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.330 and $0.335 levels. Cardano price is showing positive signs above $0.300 against the US Dollar, similar to bitcoin. ADA price could gain bullish...
Read More »Ethereum Price Analysis: Rally Possible Above This Hurdle
Ethereum price is gaining pace above the $1,200 level against the US Dollar. ETH price is now trading above $1,220 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,240 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,300 resistance zone. Ethereum price is rising above the $1,200 level against the US Dollar. ETH/USD could rise further if it clears the $1,300 resistance zone. Ethereum...
Read More »Stellar Lumen (XLM) Price Stuck In Range, Can Bulls Clear This Hurdle?
Stellar lumen price is showing bearish signs below the $0.090 resistance zone against the US Dollar. XLM price is now trading below $0.0900 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.090 and $0.092 resistance levels. Stellar lumen price is trading below $0.0920 against the US Dollar, similar to bitcoin. XLM price...
Read More »Ripple Price Analysis: Bears Active Near $0.40
Ripple price started a fresh decline from the $0.4100 resistance against the US dollar. The price is now trading near $0.3940 and near the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a fresh increase if it clears the $0.400 and $0.410 resistance levels. Ripple price is struggling below $0.410 against the US Dollar, similar to bitcoin. XRP...
Read More »Bitcoin Cash Analysis: Risk of Fresh Decline Below $105
Bitcoin cash price started a fresh decline from the $120 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $111 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 $107 and $105 support levels. Bitcoin cash price is declining from the $120 zone against the US Dollar, unlike bitcoin. BCH/USD...
Read More »EOS Price Analysis: Recovery Possible If It Clears This Resistance
EOS price is facing resistance near the $1.0 zone against the US Dollar. The price is now trading above $0.92 and the 55 simple moving average (4-hours). There was a break above a connecting bearish trend line with resistance near $0.930 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could rise further if it clears the $0.99 and $1.00 resistance levels. EOS price is struggling below $1.00 against the US Dollar, similar to bitcoin. The price might attempt to rise...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Rally Above $85
Litecoin started a strong increase above $65 against the US Dollar. LTC price is now trading above $65 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $68.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains above the $85 resistance zone. Litecoin price is rising steadily above $70 against the US Dollar, similar to bitcoin. LTC price could continue to move up if it remains...
Read More »Tron (TRX) Price Analysis: More Gains If It Clears $0.055
Tron price started a downside correction from the $0.0650 level against the US Dollar. TRX price is now trading above $0.0500 and near the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0535 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.055 resistance zone. TRON price started a fresh increase above $0.050 against the US Dollar, similar bitcoin. TRX price could rise further if it clears...
Read More »Bitcoin Price Analysis: BTC Aims Fresh Increase To $18.5K
Bitcoin price started a recovery wave from the $15,500 support against the US Dollar. The price is now trading above $16,500 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $16,480 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover further, but upsides might be limited above the $18,500 resistance zone. Bitcoin price is recovering above $16,500 against the US Dollar. BTC might...
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