Ethereum price started a fresh decline from well above $3,000 against the US Dollar. ETH price is now trading below $3,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,480 support zone. Ethereum price is gaining bearish momentum below $3,000 against the US Dollar. ETH/USD remains...
Read More »Stellar Lumen (XLM) Price Remains At Risk Below $0.20
Stellar lumen price started a fresh decline from well above the $0.232 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 $0.2050 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1920. Stellar lumen price is trading in a bearish zone below $0.2000 against the US Dollar, similar to...
Read More »Bitcoin Cash Analysis: Risk of Downside Break Below $300
Bitcoin cash price started a fresh decline from the $360 resistance against the US Dollar. The price is now trading below the $330 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $328 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 clear move below $300 in the near term. Bitcoin cash price is struggling below $330 against the US...
Read More »EOS Price Analysis: Key Hurdle Near $2.6
EOS price started a fresh increase above the $2.40 resistance zone against the US Dollar. The price is now trading near $2.50 and the 55 simple moving average (4-hours). There is a short-term rising channel forming with support near $2.48 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend increase if it clears the $2.60 resistance zone. EOS price is showing bullish signs above $2.45 against the US Dollar, similar to bitcoin. The...
Read More »Litecoin (LTC) Price Analysis: Key Breakout Zone At $132
Litecoin failed to clear the $145 resistance and corrected lower against the US Dollar. LTC price is now trading below $132 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $125 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $125 and $120 support levels. Litecoin price is struggling below $132 against the US Dollar, similar to bitcoin. LTC...
Read More »Tron (TRX) Price Analysis: Bulls Aim More Upsides
Tron price started a decent increase above the $0.0620 level against the US Dollar. TRX price is now trading below $0.0680 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it stays above the $0.0622 support zone. TRON price started a fresh increase above $0.0650 against the US Dollar, similar to bitcoin. TRX price could rally...
Read More »Bitcoin Price Analysis: BTC Struggles Below $45K
Bitcoin price started a fresh increase above the $42,000 zone against the US Dollar. The price is now trading above $42,000 and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $42,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is now facing a major resistance near $45,000 and might correct lower. Bitcoin price gained pace above $42,000 against the US Dollar. BTC even spiked...
Read More »Cardano (ADA) Price Analysis: Key Hurdle Near $1.10
ADA price declined below $1.12 and $1.10 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 $1.095 on the 4-hours chart (data feed via Bitfinex). The price could start a steady upward move if there is a clear break above the $1.10 resistance. Cardano price is struggling below $1.20 against the US Dollar, unlike bitcoin. ADA price could start another...
Read More »Ethereum Price Analysis: ETH Eyes Fresh Increase Above $3,100
Ethereum price started a fresh increase from the $2,850 zone against the US Dollar. ETH price is now trading near $3,050 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2,910 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise if there is a clear move above the $3,100 resistance. Ethereum price is showing positive signs above $2,900 against the US Dollar. ETH/USD might rally further if...
Read More »Stellar Lumen (XLM) Price Turns Bearish Below $0.2200
Stellar lumen price started a fresh decline from well above the $0.25 zone against the US Dollar. XLM price is now trading below $0.2200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.2200 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.2050. Stellar lumen price is trading in a bearish zone below $0.2200 against the US Dollar, similar to...
Read More »