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Tag Archives: Trading

Bitcoin Price Analysis: BTC Faces Major Hurdle Near $47K

Bitcoin price started a fresh decline from well above $48,000 against the US Dollar. The price is now trading below $47,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $47,000 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 the $45,555 support zone. Bitcoin price is trading below $48,000 against the US Dollar. BTC might...

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.30

ADA price started a fresh decline from the $1.60 resistance against the US Dollar. The price is now trading below $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.312 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.30 support zone. Cardano price is struggling below the $1.32 resistance against the US Dollar, unlike bitcoin. ADA price...

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Ethereum Price Analysis: ETH Resumes Decline Below $3,800

Ethereum price started a fresh decline from the $4,140 resistance against the US Dollar. ETH price is now trading well below $3,850 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $3,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if there is a clear move below $3,650. Ethereum price is struggling below $4,000 against the US Dollar. ETH/USD remains at a risk of a sharp...

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Stellar Lumen (XLM) Price Aims Larger Increase above $0.30

Stellar lumen price is attempting a fresh increase from the $0.2600 zone against the US Dollar. XLM price is now trading above $0.2850 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2650 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2950. Stellar lumen price is trading in a positive zone above $0.2800 against the US Dollar, similar to...

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Ripple Price Analysis: Bulls Could Gain Strength Above $0.865

Ripple price started a recovery wave from the $0.8000 zone against the US dollar. The price is now trading below $0.88 and the 55 simple moving average (4-hours). There is a connecting resistance trend line near $0.8650 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above the $0.8650 resistance. Ripple price is struggling below $0.900 against the US Dollar, like bitcoin. XRP price could...

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EOS Price Analysis: Risk of Sharp Decline Below $3

EOS price started a fresh decline from the $3.50 zone against the US Dollar. The price is now trading below $3.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $3.15 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend losses if there is a proper close below the $3.00 support. EOS price is showing bearish signs below $3.20 against the US Dollar, similar to bitcoin. The...

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Litecoin (LTC) Price Analysis: Bears In Control Below $150

Litecoin price is facing resistance near the $150 zone against the US Dollar. LTC price is now trading below $150 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $156 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $140 support zone. Litecoin price is consolidating above $140 against the US Dollar, similar to bitcoin. LTC price...

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Bitcoin Price Analysis: BTC Resumes Decline Below $50K

Bitcoin price started a fresh decline from well above $51,000 against the US Dollar. The price is now trading below $50,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $50,500 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 the $47,100 support zone. Bitcoin price is trading below $50,000 against the US Dollar. BTC might...

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Ethereum Price Analysis: ETH Testing Crucial Support

Ethereum price started a fresh decline from the $4,150 resistance against the US Dollar. ETH price is now trading just below $4,000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $3,925 on the 4-hours chart (data feed from Coinbase). The pair could start a major decline if there is a clear break below $3,900. Ethereum price is correcting from $4,150 against the US Dollar. ETH/USD remains at a risk of a sharp...

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Stellar Lumen (XLM) Price Could Surge Above $0.30

Stellar lumen price is attempting a fresh increase from the $0.2500 zone against the US Dollar. XLM price is now trading above $0.2800 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.2930 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3000. Stellar lumen price is trading in a positive zone above $0.2800 against the US Dollar, similar to...

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