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Tag Archives: Trading

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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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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Ripple Price Analysis: Risk of Downside Break Below $0.55

Ripple price started a fresh decline from the $0.6500 zone against the US dollar. The price is now trading below $0.6000 and the 55 simple moving average (4-hours). There is a key bearish trend lien forming with resistance near $0.6800 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 move below the $0.5500 support. Ripple price is trading in a bearish zone below $0.6000 against the US Dollar, like...

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Bitcoin Cash Analysis: Chances of Recovery Above $300

Bitcoin cash price started a fresh decline from the $380 resistance against the US Dollar. The price is now trading below the $300 zone and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $270 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 $250 support zone. Bitcoin cash price is showing bearish signs below $300 against the US Dollar,...

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