Stellar lumen price started a fresh increase above the $0.20 zone against the US Dollar. XLM price is now trading above $0.2200 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2065 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if there is a clear break above $0.2300. Stellar lumen price is trading in a positive zone above $0.2000 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Gain Strength Above $0.65
Ripple price started a fresh increase above the $0.60 zone against the US dollar. The price is now trading above $0.7000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.6680 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if it clears the $0.7250 resistance level. Ripple price is trading in a bullish zone above $0.6000 against the US Dollar, like...
Read More »Bitcoin Cash Analysis: Risk of More Losses Below $250
Bitcoin cash price started a fresh decline below the $320 support against the US Dollar. The price is now trading below the $285 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance 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 no upside break above $300. Bitcoin cash price is showing bearish signs below $290 against the US Dollar,...
Read More »EOS Price Analysis: Downtrend Could Resume Below $2.2
EOS price is struggling to clear the $2.45 resistance zone against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if there is a clear break below the $2.20 support zone. EOS price is showing bearish signs below $2.40 against the US Dollar, similar to bitcoin. The...
Read More »Litecoin (LTC) Price Analysis: Risk of More Losses Below $100
Litecoin price again failed to clear $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $106 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $115 resistance zone. Litecoin price is struggling below $1115 against the US Dollar, similar to bitcoin. LTC price...
Read More »Tron (TRX) Price Analysis: Bulls Aim Larger Increase
Tron price started a decent recovery wave above the $0.0580 level against the US Dollar. TRX price is now trading above $0.0580 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0585 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if there is a clear break above the $0.0620 resistance. TRON price started a fresh increase above $0.0580 against the US Dollar, similar to bitcoin. TRX...
Read More »Bitcoin Price Analysis: BTC Eyes Upside Break above $40K
Bitcoin price started a fresh increase from the $33,000 zone against the US Dollar. The price is now trading above $36,000 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $37,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong upward move if there was a break above the $40,000 resistance. Bitcoin price is still trading below $40,000 against the US Dollar. BTC might start...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Upside Break Above $1.08
ADA price started a consolidation phase above $1.00 against the US Dollar. The price is now trading near $1.05 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $1.055 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.00 zone. Cardano price is gaining pace above $1.02 against the US Dollar, similar to bitcoin. ADA price could start another...
Read More »Ethereum Price Analysis: ETH Could Gain Pace Above $2.8K
Ethereum price started a fresh increase from the $2,150 zone against the US Dollar. ETH price is now trading above $2,500 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $2,555 on the 4-hours chart (data feed from Coinbase). The pair could continue to move rise if there is a clear move above the $2,800 resistance. Ethereum price is showing positive signs above $2,500 against the US Dollar. ETH/USD might rally if there...
Read More »Stellar Lumen (XLM) Price Could Recover If It Clears $0.2200
Stellar lumen price declined below the $0.2000 support 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 $0.2040 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2120. Stellar lumen price is trading in a bearish zone below $0.2100 against the US Dollar, similar to bitcoin....
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