Tag Archives: Trading

Bitcoin cash price started a fresh decline from the $385 resistance against the US Dollar. The price is now trading below the $350 zone and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $370 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $325 support zone in the near term. Bitcoin cash price is struggling below $350 against the US...

EOS price started a major decline from the $3.00 resistance zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.60 resistance zone. EOS price is showing bearish signs below $2.60 against the US Dollar, similar to...

Litecoin started a major decline from the $130 resistance against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $124 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could extend losses if there is a move below the $110 level. Litecoin price is gaining bearish pace below $120 against the US Dollar, similar to bitcoin. LTC price...

Solana price started a fresh increase above the $110.00 level against the US Dollar. The price is now trading above $110.00 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $123 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $132 to continue higher in the near term. Solano price is losing pace above $120 against the US Dollar, similar to bitcoin. SOL could extend decline...

Bitcoin price started a downside correction from the $48,000 zone against the US Dollar. The price is now trading below $46,000 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with support near $45,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below $45,000 and $44,000. Bitcoin price is struggling below the $47,000 resistance against the US Dollar. BTC...

An NBC News poll suggests that one in every five Americans has delved in bitcoin or other forms of crypto, either through trading, investing, or related activities. This is a sign that the crypto world is becoming mainstream and legitimate faster than anyone could have anticipated. Bitcoin Is More Popular Than Ever In many ways, the arena surrounding blockchain and digital assets is an expanding universe that is still very much in a developmental phase. Bitcoin, for...

ADA price started a strong increase above the $1.1 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.180 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $1.158. Cardano price is climbing above $1.15 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...

Ethereum price started a fresh increase from the $3,200 support zone against the US Dollar. ETH price is now trading above $3,400 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,420 on the 4-hours chart (data feed from Coinbase). The pair could continue to move up if it clears the $3,550 resistance zone. Ethereum price is gaining pace above $3,400 against the US Dollar. ETH/USD eyes more upsides if there is no...

Stellar lumen price started a fresh increase from the $0.2000 support zone against the US Dollar. XLM price is now trading above $0.2200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2300 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if there is a clear move above the $0.2400 resistance. Stellar lumen price is trading in a bullish zone above $0.2250 against the US Dollar, similar...

Ripple price started a fresh increase from the $0.7800 zone against the US dollar. The price is now trading below $0.85 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.8450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase if it manages to clear the $0.8500 resistance zone. Ripple price is struggling to surpass $0.8500 against the US Dollar, similar to...