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Tag Archives: Trading

Bitcoin Price Analysis: BTC Drops Sharply, Key Support Nearby

Bitcoin price started a fresh decline below the $22,000 zone against the US Dollar. The price is now trading below $21,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $20,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $20,000 level in the near term. Bitcoin price is struggling below $21,000 against the US Dollar. BTC might extend...

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Cardano (ADA) Price Analysis: More Upsides Likely Above $0.52

ADA price started a fresh increase above the $0.48 resistance against the US Dollar. The price is now trading above $0.48 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.484 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.482 support zone. Cardano price is showing positive signs above $0.482 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: Rally Could Gather Pace Above $1,800

Ethereum price started a major increase above the $1,700 level against the US Dollar. ETH price is now trading above $1,640 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,650 on the 4-hours chart (data feed from Coinbase). The pair could rally further if it clears the $1,800 resistance zone. Ethereum price is rising above the $1,640 level against the US Dollar. ETH/USD could rise further if it clears...

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Stellar Lumen (XLM) Price Could Rally Past $0.12

Stellar lumen price started a fresh increase above the $0.1140 resistance zone against the US Dollar. XLM price is now trading above $0.1135 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1050 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1110 and $0.1080 support levels. Stellar lumen price is trading above $0.1350 against the US Dollar, similar...

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Ripple Price Analysis: Bulls Eye Upside Break Above $0.4

Ripple price gained pace and cleared the $0.3500 resistance against the US dollar. The price is now trading above $0.3500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3600 and $0.3650 support levels. Ripple price is recovering above $0.3500 against the US Dollar, similar to...

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Bitcoin Cash Analysis: Bulls Aim Higher Above $135

Bitcoin cash price started a fresh increase from the $110 zone against the US Dollar. The price is now trading above the $120 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $125 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $135 and $135 to continue higher in the near term. Bitcoin cash price is climbing above $130 against the US Dollar, similar to bitcoin....

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Solana (SOL) Price Analysis: Risk of a Major Breakdown

Solana price started a fresh decline from the $34.50 resistance zone against the US Dollar. The price is now trading below $32 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $33.30 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 $30.00 support zone. Solana price is trading below $33 against the US Dollar, similar to bitcoin....

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Bitcoin Price Analysis: BTC Takes A Major Hit

Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading below $20,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $19,550 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $18,500 level in the near term. Bitcoin price is struggling below $20,000 against the US Dollar. BTC might extend...

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Cardano (ADA) Price Analysis: Bulls Aim Fresh Surge To $0.60

ADA price started a fresh increase above the $0.45 resistance against the US Dollar. The price is now trading above $0.47 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.480 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.480 support zone. Cardano price is showing positive signs above $0.480 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Bulls Aim $1,800 or Higher

Ethereum price started a major increase above the $1,600 level against the US Dollar. ETH price is now trading above $1,600 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,570 on the 4-hours chart (data feed from Coinbase). The pair could gain bullish momentum if it clears the $1,700 resistance zone. Ethereum price is rising above the $1,600 level against the US Dollar. ETH/USD could rise further if it...

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