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Tag Archives: Trading

Bitcoin Cash Analysis: $400 Presents Key Resistance

Bitcoin cash price started a fresh increase from the $280 support against the US Dollar. The price is now trading above the $350 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $360 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $330 support zone. Bitcoin cash price is showing positive signs above $350 against the US...

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Cardano (ADA) Price Analysis: Bulls Gain Strength above $1

ADA price started a strong increase above the $0.90 resistance against the US Dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.9900 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $0.9800. Cardano price is surging above $1.00 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...

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Ethereum Price Analysis: ETH Eyes More Gains Above $3K

Ethereum price started a fresh increase from the $2,500 support zone against the US Dollar. ETH price is now trading above $2,800 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2,900 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,900 support. Ethereum price is consolidating below $3,000 against the US Dollar. ETH/USD eyes more upsides if there is...

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Ripple Price Analysis: Dips Remain Supported Near $0.8

Ripple price started a fresh increase above the $0.80 resistance zone against the US dollar. The price is now trading above $0.80 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.8050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase unless there is a clear move below the $0.8000 support zone. Ripple price is trading in a bullish zone above $0.8000 against...

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Bitcoin Cash Analysis: Chances of Fresh Increase above $300

Bitcoin cash price started a fresh decline from the $320 resistance against the US Dollar. The price is now trading near the $300 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $290 support in the near term. Bitcoin cash price is struggling below $320 against the US...

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Solana (SOL) Price Analysis: Bulls Face Uphill Task

Solana price started a fresh decline from the $90.00 zone against the US Dollar. The price is now trading below $85.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $83.85 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $84.00 and then $85.00 to start a fresh increase in the near term. Solano price is struggling to settle above the $85.00 resistance against the US...

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Bitcoin Price Analysis: BTC Struggles Below $41K

Bitcoin price started a fresh decline from the $42,600 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $40,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $40,000 and then $40,800 to start a fresh increase in the near term. Bitcoin price is struggling to settle above the $40,000 resistance against the...

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Cardano (ADA) Price Analysis: Key Breakout With Hurdle Near $0.82

ADA price declined below $0.85 and $0.82 against the US Dollar. The price is now trading below $0.82 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.800 on the 4-hours chart (data feed via Bitfinex). The price could start a recovery wave if there is a move above $0.820 and $0.833. Cardano price is struggling below $0.85 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if there...

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Ethereum Price Analysis: ETH Reaches Crucial Juncture

Ethereum price started a fresh decline from well above $2,700 against the US Dollar. ETH price is now trading below $2,600 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,565 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to clear the $2,600 resistance zone. Ethereum price is struggling below $2,600 against the US Dollar. ETH/USD remains at a risk of more...

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Stellar Lumen (XLM) Price Near Make-or-Break Levels

Stellar lumen price started a fresh decline from well above the $0.1900 zone against the US Dollar. XLM price is now trading near $0.1800 and the 55 simple moving average (4-hours). There is a crucial contracting triangle forming with resistance near $0.1850 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1750. Stellar lumen price is trading in a bearish zone below $0.1900 against the US Dollar, similar to...

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