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Tag Archives: Trading

Solana (SOL) Price Analysis: Bears In Control Below $20

Solana price started a fresh decline from the $28.00 resistance zone 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 $14.50 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 $20 resistance. Solana price is trading below $20 against the US Dollar, similar to...

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Bitcoin Price Analysis: BTC Recovery Could Face Hurdles

Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading below $18,000 and the 55 simple moving average (4-hours). There was a break above a short-term bearish trend line with resistance near $16,920 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 $17,500 resistance zone. Bitcoin price is struggling below $18,000 against the US Dollar....

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Cardano (ADA) Price Analysis: Bears In Control Below $0.35

ADA price failed to surpass the $0.400 resistance and declined against the US Dollar. The price is now trading below $0.400 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.320 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.315 support zone. Cardano price is struggling below $0.40 against the US Dollar, similar to bitcoin. ADA price...

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Ethereum Price Analysis: ETH Eyes Recovery Above $1,300

Ethereum price started a fresh decline from the $1,650 zone against the US Dollar. ETH price is now trading below $1,400 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,280 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,300 resistance zone. Ethereum price is struggling below $1,400 against the US Dollar. ETH/USD remains at a risk of more losses if there...

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EOS Price Analysis: Downtrend Intact Below $0.9

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....

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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...

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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...

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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...

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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....

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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,...

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