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Tag Archives: Trading

Litecoin (LTC) Price Analysis: Bulls Face Uphill Task

Litecoin started a fresh decline from the $115 zone against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $102 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $102 and $105 in the near term. Litecoin price is struggling below $105 against the US Dollar, similar to bitcoin. LTC price could...

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Solana (SOL) Price Analysis: Risk of Break Below $95

Solana price extended decline below the $100 support against the US Dollar. The price is now trading below $100 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $98.20 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $100 and $102 to start a fresh increase in the near term. Solano price is struggling below $100 against the US Dollar, similar to bitcoin. SOL could decline...

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Bitcoin Price Analysis: BTC Struggle Continues Below $40K

Bitcoin price extended decline below the $38,000 zone against the US Dollar. The price is now trading below $39,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $39,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $39,400 level. Bitcoin price is struggling below $40,000 against the US Dollar. BTC might extend losses if...

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Cardano (ADA) Price Analysis: Breakout Zone Near $0.90

ADA price started a steady decline from the $1.00 resistance against the US Dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.900 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to recover above the $0.900 resistance zone. Cardano price is declining below $0.90 against the US Dollar, similar to bitcoin. ADA price...

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Ethereum Price Analysis: ETH Aims Fresh Surge Above $3,050

Ethereum price started a fresh decline from the $3,180 zone against the US Dollar. ETH price is now trading near $3,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,050 on the 4-hours chart (data feed from Coinbase). The pair must clear $3,050 to start a fresh increase in the near term. Ethereum price is struggling below $3,050 against the US Dollar. ETH/USD remains at a risk of more downsides if it stays...

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Stellar Lumen (XLM) Price Dives, Bears Aim $0.16

Stellar lumen price started a fresh decline from the $0.2100 resistance zone against the US Dollar. XLM price is now trading below $0.1850 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.1900 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1750 support. Stellar lumen price is trading in a bearish zone below $0.1900 against the US Dollar, similar...

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Ripple Price Analysis: Sharp Losses Below $0.70

Ripple price started a fresh decline from the $0.7800 zone against the US dollar. The price is now trading below $0.70 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.7400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend decline if there is a move below the $0.6800 support zone. Ripple price is struggling below $0.7000 against the US Dollar, similar to bitcoin. XRP...

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Bitcoin Cash Analysis: Bears Aim Larger Decline Below $315

Bitcoin cash price started a fresh decline from the $354 resistance against the US Dollar. The price is now trading below the $340 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $338 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 $315 support zone in the near term. Bitcoin cash price is struggling below $330 against the US Dollar,...

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EOS Price Analysis: Key Hurdle Nearby At $3

EOS price started a recovery wave above the $2.50 resistance zone against the US Dollar. The price is now trading above $2.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $2.68 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $2.89 resistance zone in the near term. EOS price is showing bullish signs above $2.75 against the US Dollar,...

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Litecoin (LTC) Price Analysis: Bulls Target Bullish Move Above $120

Litecoin started a recovery wave above the $105 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $112 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $115 and $118 in the near term. Litecoin price is showing positive signs above $100 against the US Dollar, similar to...

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