EOS price started a fresh decline below the $1.00 support against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There was a break below a key bullish trend lien with support at $1.15 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.90 and $0.92 resistance levels. EOS price is struggling below $1.00 against the US Dollar, similar to bitcoin....
Read More »Litecoin (LTC) Price Analysis: Main Support Nearby At $48
Litecoin started a major decline from the $75 resistance zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support at $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a recovery wave if it stays above the $48 support zone. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC price...
Read More »Cardano (ADA) Price Analysis: Key Downside Break Below $0.40
ADA price failed to surpass the $0.440 resistance and declined against the US Dollar. The price is now trading below $0.420 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.402 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.380 support zone. Cardano price is struggling below $0.42 against the US Dollar, similar to bitcoin. ADA price...
Read More »Ethereum Price Analysis: ETH At Risk of Fresh Decline
Ethereum price started a fresh decline from the $1,680 zone against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $1,530 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $1,500 support zone. Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more...
Read More »Stellar Lumen (XLM) Price Struggle Continues, Can It Hold This Support?
Stellar lumen price started a fresh decline from the $0.1165 resistance zone against the US Dollar. XLM price is now trading below $0.1110 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with support near $0.1095 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.1095 and $0.1080 support levels. Stellar lumen price is trading below $0.1120 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Key Support Intact Near $0.45
Ripple price started a fresh decline from the $0.5100 resistance against the US dollar. The price is now trading above $0.4670 and near the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4610 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if it stays above the $0.4600 and $0.4500 support levels. Ripple price is struggling below $0.500 against the US Dollar,...
Read More »Bitcoin Cash Analysis: Bulls Aim Upside Break To $150
Bitcoin cash is attempting a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $115 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 $115 against the US Dollar, similar to bitcoin. BCH/USD...
Read More »EOS Price Analysis: More Gains Likely Above $1.20
EOS price rallied and was able to clear the $1.12 resistance against the US Dollar. The price is now trading above $1.12 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.122 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 $1.18 and $1.20 resistance levels. EOS price is rising above $1.12 against the US Dollar, similar to bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control Above $60
Litecoin started a strong increase above $55 against the US Dollar. LTC price is now trading above $55 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance at $56.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $65 resistance zone. Litecoin price is rising steadily above $60 against the US Dollar, similar to bitcoin. LTC price could...
Read More »Solana (SOL) Price Analysis: Renewed Buying Interest Above $30
Solana price started a decent increase above the $28 resistance against the US Dollar. The price is now trading above $30.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $31.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $33.00 and $33.80 to continue higher in the near term. Solana price is trading above $31 against the US Dollar, similar to bitcoin. SOL could start a...
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