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Tag Archives: Trading

Bitcoin Cash Analysis: Risk of Drop To $300

Bitcoin cash price started a fresh decline from the $400 resistance against the US Dollar. The price is now trading below the $380 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $365 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 $332 support zone. Bitcoin cash price is showing bearish signs below $380 against the US...

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EOS Price Analysis: Break Above $3 Is The Key

EOS price started a fresh decline from the $3.00 zone against the US Dollar. The price is now trading below $2.80 and the 55 simple moving average (4-hours). There is a key bearish trend lien forming with resistance near $2.82 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 $2.70 support zone. EOS price is showing bearish signs below $2.80 against the US Dollar, similar to bitcoin. The...

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Litecoin (LTC) Price Analysis: Risk of More Downsides Below $130

Litecoin price failed to climb above $150 and corrected lower against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $150 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 $142 pivot level. Litecoin price is struggling below $142 against the US Dollar, similar to bitcoin. LTC price...

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Tron (TRX) Price Analysis: Bears In Action Below $0.07

Tron price started a fresh decline from the $0.0725 resistance against the US Dollar. TRX price is now trading below $0.0700 and near the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0700 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down if it stays below the $0.0700 pivot level. TRON price started a fresh decline below $0.0725 against the US Dollar, similar to bitcoin. TRX...

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Cardano (ADA) Price Analysis: Uptrend Intact Above $1.40

ADA price started a fresh increase from the $1.08 zone against the US Dollar. The price is now trading above $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.44 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.40 zone. Cardano price is gaining pace above $1.40 against the US Dollar, unlike bitcoin. ADA price could start another...

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Ethereum Price Analysis: ETH Could Slide Below $3K

Ethereum price started a fresh decline from the $3,400 resistance against the US Dollar. ETH price is now trading below $3,300 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $3,300 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $3,200 support zone. Ethereum price is struggling below $3,300 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...

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Stellar Lumen (XLM) Price Remains at Risk of More Downsides

Stellar lumen price declined below the $0.2750 support zone against the US Dollar. XLM price is now trading below $0.2650 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2620 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2650. Stellar lumen price is trading in a bearish zone below $0.2800 against the US Dollar, similar to bitcoin....

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Ripple Price Analysis: Bears In Control Below $0.80

Ripple price started a fresh decline from the $0.8000 zone against the US dollar. The price is now trading below $0.7800 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.7600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it stays below the $0.8000 resistance. Ripple price is trading in a bearish zone below $0.8000 against the US Dollar, like...

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Bitcoin Cash Analysis: Bulls Aim Break above $400

Bitcoin cash price started a fresh decline from the $450 resistance against the US Dollar. The price is now trading below the $400 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $380 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $400 for more gains in the near term. Bitcoin cash price is showing positive signs above $380 against the US Dollar,...

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EOS Price Analysis: Bulls Aim Larger Recovery

EOS price started a fresh decline from the $3.20 zone against the US Dollar. The price is now trading below $3.00 and the 55 simple moving average (4-hours). There was a break above a key declining channel with resistance near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend recovery if there is a clear move above the $3.00 resistance. EOS price is showing bullish signs above $2.80 against the US Dollar, similar to bitcoin....

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