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Tag Archives: Trading

Cardano (ADA) Price Analysis: Key Resistance Intact Near $0.32

ADA price is signaling a bearish bias below the $0.35 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.314 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to surpass the $0.320 resistance zone. Cardano price is struggling below $0.32 against the US Dollar, similar to bitcoin. ADA price...

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Ethereum Price Analysis: ETH At Risk of Drop Below $1K

Ethereum price is struggling to clear the $1,250 resistance zone against the US Dollar. ETH price is now trading near $1,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,225 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,235 resistance zone. Ethereum price is struggling below $1,250 against the US Dollar. ETH/USD remains at a risk of more losses if...

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Stellar Lumen (XLM) Price At Risk of Downside Break Below $0.082

Stellar lumen price is showing bearish signs below the $0.1000 resistance zone against the US Dollar. XLM price is now trading below $0.0920 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0885 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0860 and $0.0835 support levels. Stellar lumen price is trading below $0.1000 against the US Dollar, similar to...

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Ripple Price Analysis: Bulls Struggle Above $0.40

Ripple price started a fresh decline from the $0.4180 resistance against the US dollar. The price is now trading near $0.3880 and near the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3720 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down towards the $0.332 support if it fails to stay above $0.3720. Ripple price is struggling below $0.400 against the US Dollar,...

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Bitcoin Cash Analysis: Dips Could Be Attractive Near $110

Bitcoin cash gained pace above the $100 and $110 resistance levels against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $110 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $120 and $122 to continue higher in the near term. Bitcoin cash price is climbing above $110 against the US Dollar, similar to bitcoin. BCH/USD...

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EOS Price Analysis: Risk of More Losses Below $0.8

EOS price is still struggling below the $0.95 support against the US Dollar. The price is now trading above $0.90 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.890 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could might attempt to recover towards the $0.95 and $0.98 resistance levels. EOS price is struggling below $0.95 against the US Dollar, similar to bitcoin. The price...

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Litecoin (LTC) Price Analysis: Dips Turn Attractive Above $60

Litecoin started a strong increase above $60 against the US Dollar. LTC price is now trading above $60 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $68 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could correct lower but dips might be limited below the $60 level. Litecoin price is rising steadily above $65 against the US Dollar, similar to bitcoin. LTC price could continue to move...

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Solana (SOL) Price Analysis: Short-term Recovery Possible From $11

Solana price gained bearish momentum below the $20.00 level against the US Dollar. The price is now trading below $20 and the 55 simple moving average (4-hours). There was a break above a short-term bearish trend line with resistance near $12.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $15 resistance. Solana price is trading below $15 against the US Dollar, similar to bitcoin. SOL...

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Bitcoin Price Analysis: BTC Recovery Could Soon Fade

Bitcoin price started a fresh decline below the $18,000 zone against the US Dollar. The price is now trading near $16,450 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $16,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $17,450 resistance zone. Bitcoin price is struggling below $17,000 against the US Dollar. BTC might extend...

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Cardano (ADA) Price Analysis: Risk of More Losses Below $0.3

ADA price gained bearish momentum below the $0.35 support zone against the US Dollar. The price is now trading below $0.350 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.312 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to clear the $0.320 resistance zone. Cardano price is struggling below $0.35 against the US Dollar, similar to bitcoin. ADA price could gain...

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