Ripple price is struggling to stay above the $0.70 zone against the US dollar. The price is now trading below $0.75 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.7550 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear move below the $0.7000 support. Ripple price is trading in a bearish zone below $0.8000 against the US Dollar,...
Read More »Bitcoin Cash Analysis: Risk of Break Below $300
Bitcoin cash price started a fresh decline from the $344 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $315 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 $300 support in the near term. Bitcoin cash price is struggling below $310 against the...
Read More »EOS Price Analysis: Bulls Eye Upside Break Above $2.3
EOS price started a fresh increase above the $2.00 zone against the US Dollar. The price is now trading above $2.10 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $2.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could gain bullish momentum if there is a clear move above the $2.30 level. EOS price is showing bullish signs above $2.10 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Faces Major Hurdle Near $115
Litecoin is struggling to clear the $115 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $109 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start another decline if it trades below $109 and $105. Litecoin price is struggling below $115 against the US Dollar, similar to bitcoin. LTC price decline heavily if...
Read More »Tron (TRX) Price Analysis: Bulls Eye Upside Break Above $0.065
Tron price started a decent increase above the $0.0600 level against the US Dollar. TRX price is now trading above $0.0620 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0608 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it clears the $0.0650 resistance zone. TRON price started a fresh increase above $0.0600 against the US Dollar, similar to bitcoin. TRX price...
Read More »Bitcoin Price Analysis: BTC Turns Green Above $42K
Bitcoin price started a fresh increase from the $34,500 support against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $41,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $44,750 and then $45,800 to continue higher in the near term. Bitcoin price climbed higher above the $40,000 resistance against the US...
Read More »Bitcoin Cash Analysis: Risk of Fresh Decline to $260
Bitcoin cash price started a fresh decline from the $345 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $310 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to recover if there is a clear move above the $310 resistance zone in the near term. Bitcoin cash price is struggling below $310...
Read More »EOS Price Analysis: Bearish Below $2, Bears In Control
EOS price started a fresh decline from well above the $2.50 zone against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.12 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if it settles below the $2.00 support zone. EOS price is showing bearish signs below $2.20 against the US Dollar, similar to bitcoin. The...
Read More »Litecoin (LTC) Price Analysis: Risk of Sharp Losses Below $100
Litecoin failed to clear the $120 resistance and started a fresh decline 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 with resistance near $104 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to decline if there is a close below the $100 level. Litecoin price is struggling below $105 against the US Dollar, similar to bitcoin. LTC price...
Read More »Cardano (ADA) Price Analysis: Downtrend Below $1
ADA price declined below $1.00 and $0.92 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.945 on the 4-hours chart (data feed via Bitfinex). The price could extend decline if there is a clear move below the $0.800 support zone. Cardano price is struggling below $1.00 against the US Dollar, unlike bitcoin. ADA price could start a recovery wave if...
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