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...
Read More »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...
Read More »Ethereum Price Analysis: Recovery Could Gather Pace Above $1,400
Ethereum price started a decent increase 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 was a break above a major bearish trend line with resistance near $1,310 on the 4-hours chart (data feed from Coinbase). The pair could rally further if it clears the $1,400 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it...
Read More »Stellar Lumen (XLM) Price Could Start Fresh Rally To $0.132
Stellar lumen price started a fresh decline from the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.1160 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support at $0.1182 on the 4-hours chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1200 resistance zone. Stellar lumen price is trading below $0.1200 against the US Dollar, similar...
Read More »Ripple Price Analysis: Rally Takes Breather, Key Support Nearby
Ripple price started a strong increase above $0.450 resistance against the US dollar. The price is now trading above $0.4500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.4710 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise again if it stays above the $0.4700 and $0.4500 support levels. Ripple price is correcting gains from $0.5580 against the US Dollar, unlike...
Read More »Bitcoin Cash Analysis: Bears Active Below $125
Bitcoin cash price started a fresh decline from the $125 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 $120 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a recovery wave if there is a clear move above the $120 and $125 levels. Bitcoin cash price is recovering from the $105 zone against the US...
Read More »EOS Price Analysis: Bears Active Below $1.3
EOS price started a fresh decline from the $1.50 resistance against the US Dollar. The price is now trading below $1.40 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.255 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 $1.155 and $1.150 support levels. EOS price is declining below $1.30 against the US Dollar, similar to bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bulls Struggle To Protect $50
Litecoin started a fresh decline from well above the $58 zone against the US Dollar. LTC price is now trading below $55 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $53.20 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 and $55 levels. Litecoin price is struggling below $55 against the US Dollar, similar to bitcoin. LTC price...
Read More »Solana (SOL) Price Analysis: Bulls Struggle To Clear This Key Hurdle
Solana price started a fresh decline from the $35.00 resistance zone against the US Dollar. The price is now trading below $33 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $32.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $30.50 support zone. Solana price is trading below $35 against the US Dollar, similar to bitcoin. SOL...
Read More »Cardano (ADA) Price Analysis: Bears Active Below $0.50
ADA price failed to surpass the $0.500 resistance and declined against the US Dollar. The price is now trading below $0.480 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.462 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.432 support zone. Cardano price is struggling below $0.48 against the US Dollar, similar to bitcoin. ADA price could...
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