Solana price started a downside correction from the $210 zone against the US Dollar. The price is now trading below $180 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $170 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $170 and $160 support levels to start another increase. Solana price is correcting gains below $180 against the US Dollar, like Bitcoin. SOL is...
Read More »Bitcoin Price Analysis: BTC Dips But Reaches Key Support
Bitcoin price started a downside correction from the new all-time high at $73,835 against the US Dollar. The price is now trading below $65,000 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $71,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $60,000 support zone. Bitcoin price is correcting lower below $65,000 against...
Read More »Cardano (ADA) Price Analysis: Risk of Downside Break Below $0.635
ADA price started a downside correction from the $0.810 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.7020 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.680 and $0.700 resistance levels. Cardano’s price is struggling below $0.700 against the US Dollar, like Bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Retreats Lower Below $3,500
Ethereum price started a downside correction from the $4,100 resistance against the US Dollar. ETH price is now trading below $3,750 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,640 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,650 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...
Read More »Stellar Lumen (XLM) Price Eyes Fresh Surge To $0.165
Stellar lumen price is attempting a fresh increase from the $0.1240 zone against the US Dollar. XLM price is now trading below $0.140 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1325 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.1325 resistance zone. Stellar lumen price is trading in a positive zone above $0.1240 against the US...
Read More »Ripple Price Analysis: Bulls Struggle To Start Fresh Surge
Ripple price started a downside correction from the $0.740 zone against the US dollar. The price is now trading below $0.660 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.620 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.580. Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP price...
Read More »Bitcoin Cash Analysis: Bulls Protect Key Uptrend Support
Bitcoin cash is eyeing a fresh increase above the $450 resistance against the US Dollar. The price is now trading near the $420 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $417 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $440 and $450 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $410 against the US Dollar, like...
Read More »EOS Price Analysis: Rally Takes A Short Break
EOS price started a downside correction from the $1.36 zone against the US Dollar. The price is now trading above $1.100 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $1.160 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $1.20 and $1.250 resistance levels. EOS price is declining below $1.200 against the US Dollar, like Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bulls Aim For Larger Increase
Litecoin started a downside correction from the $105 zone against the US Dollar. LTC price is now trading above $85 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $94.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $90 support. Litecoin price is correcting gains from $105.00 against the US Dollar, like Bitcoin. LTC price could...
Read More »Solana (SOL) Price Analysis: Rally Could Extend To $170
Solana price started a strong increase above the $130 resistance against the US Dollar. The price is now trading above $140 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $145 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $155 and $162 to continue higher in the near term. Solana price is trading in a positive zone above $140 against the US Dollar, like Bitcoin....
Read More »