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Tag Archives: Trading

Stellar Lumen (XLM) Price Could Extend Losses Below $0.18

Stellar lumen price started a fresh decline from the $0.2120 resistance zone against the US Dollar. XLM price is now trading below $0.2000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.2000 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1850 support. Stellar lumen price is trading in a bearish zone below $0.2000 against the US Dollar, similar...

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Ripple Price Analysis: Bears In Control Below $0.80

Ripple price started a fresh decline from the $0.8000 zone against the US dollar. The price is now trading below $0.76 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.7700 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 $0.7200 support zone. Ripple price is struggling below $0.7800 against the US Dollar, similar to bitcoin. XRP...

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Solana (SOL) Price Analysis: Bulls Struggle Near $100

Solana price started a fresh decline from the $120 resistance against the US Dollar. The price is now trading below $110.00 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle forming with support near $124 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $108 to start a decent recovery wave in the near term. Solano price is struggling to stay above $100 against the US Dollar, similar to...

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Bitcoin Price Analysis: BTC Consolidates Losses Above $40k

Bitcoin price started a major decline from the $45,000 zone against the US Dollar. The price is now trading below $42,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $40,800 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 $40,000 and $39,500. Bitcoin price is struggling below the $41,000 resistance against the US Dollar. BTC...

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Cardano (ADA) Price Analysis: Bears Aim More Downsides

ADA price started a strong decline from the $1.24 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.00 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if there is a break below the $0.920 support. Cardano price is declining below $1.00 against the US Dollar, similar to bitcoin. ADA price could accelerate...

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Ethereum Price Analysis: ETH Could Drop To $2.8K

Ethereum price started a fresh decline from the $3,300 zone against the US Dollar. ETH price is now trading below $3,200 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down towards the $2,820 support zone in the near term. Ethereum price is gaining pace below $3,000 against the US Dollar. ETH/USD remains at a risk of...

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Stellar Lumen (XLM) Price Turns Red Below $0.2, Bears In Control

Stellar lumen price started a fresh decline from the $0.2400 resistance zone against the US Dollar. XLM price is now trading below $0.2120 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.2300 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1950 support. Stellar lumen price is trading in a bearish zone below $0.2120 against the US Dollar,...

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Ripple Price Analysis: Risk of More Losses Below $0.7

Ripple price started a fresh decline from well above $0.8500 against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.7920 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 $0.7320 support zone. Ripple price is struggling below $0.8000 against the US Dollar, similar to bitcoin. XRP...

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Bitcoin Cash Analysis: Bulls Looks Risky Below $350

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...

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EOS Price Analysis: Bears In Control Below $2.60

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...

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