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Tag Archives: Trading

Litecoin (LTC) Price Analysis: Indicators Signal Key Upside Break

Litecoin is facing a major resistance near the $55.80 zone against the US Dollar. LTC price is now trading above $54 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $54.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a steady upward move if it clears the $55.20 and $55.75 levels. Litecoin price is rising above $54 against the US Dollar, similar to bitcoin. LTC...

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Solana (SOL) Price Analysis: Bullish Break Possible above $35

Solana price started a decent increase from the $31.80 support against the US Dollar. The price is now trading above $33 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $32.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $34.50 and $35 to continue higher in the near term. Solana price is trading above $34 against the US Dollar, similar to bitcoin. SOL could start a...

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Cardano (ADA) Price Analysis: Indicators Suggest Increase To $0.50

ADA price seems to be forming a support base above the $0.415 level against the US Dollar. The price is now trading below $0.45 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.425 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.435 and $0.440 levels. Cardano price is showing positive signs above $0.410 against the US Dollar, similar to bitcoin....

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Ethereum Price Analysis: Bulls Aim Fresh Increase Above $1,400

Ethereum price is showing positive signs above the $1,300 level against the US Dollar. ETH price is now trading above $1,300 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,365 on the 4-hours chart (data feed from Coinbase). The pair could rally further if it clears the $1,365 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it clears the...

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Stellar Lumen (XLM) Price Remains In Uptrend Above $0.114

Stellar lumen price started a fresh increase above the $0.1100 resistance zone against the US Dollar. XLM price is now trading above $0.1140 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1080 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1160 and $0.1140 support levels. Stellar lumen price is trading above $0.1140 against the US Dollar, similar...

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Ripple Price Analysis: Bulls Aim Fresh Increase To $0.55

Ripple price started a downside correction below $0.50 against the US dollar. The price is now trading below $0.4800 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.4640 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise again if it stays above the $0.4200 and $0.4000 support levels. Ripple price is correcting gains from $0.520 against the US Dollar, unlike bitcoin. XRP...

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Bitcoin Cash Analysis: Bulls Aim Upside Break above $120

Bitcoin cash is attempting a fresh increase from the $110 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 bearish trend line forming with resistance near $118 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $118 and $120 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to bitcoin....

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EOS Price Analysis: More Gains Seem Likely Above $1.25

EOS price started a fresh decline from the $1.40 resistance against the US Dollar. The price is now trading below $1.25 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.170 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $1.140 and $1.1020 support levels. EOS price is struggling below $1.40 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Face Hurdles Near $55

Litecoin is facing a major resistance near the $55 zone against the US Dollar. LTC price is now trading near $53.50 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $54.25 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent upward move if it clears the $54.25 and $55 levels. Litecoin price is struggling below $55 against the US Dollar, similar to bitcoin. LTC price...

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Cardano (ADA) Price Analysis: Bulls Aim Upside Break To $0.5

ADA price seems to be forming a support base above the $0.435 level against the US Dollar. The price is now trading above $0.45 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.468 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.468 and $0.480 levels. Cardano price is showing positive signs above $0.450 against the US Dollar, similar to bitcoin. ADA...

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