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....
Read More »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...
Read More »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,...
Read More »EOS Price Analysis: Bears In Control Below $2.5
EOS price started a fresh decline from the $2.85 zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $2.10 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 $2.00 support zone. EOS price is showing bearish signs below $2.20 against the US Dollar, similar to bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Risk of More Downsides Below $100
Litecoin price failed to climb above $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 key rising channel forming with support near $100 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 $120 pivot level. Litecoin price is struggling below $120 against the US Dollar, similar to bitcoin. LTC price could...
Read More »Tron (TRX) Price Analysis: Upsides Could Be Limited Above $0.062
Tron price started a fresh decline from the $0.0720 resistance against the US Dollar. TRX price is now trading below $0.0620 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0572 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down if it stays below the $0.0620 pivot level. TRON price started a fresh decline below $0.0720 against the US Dollar, similar to bitcoin. TRX price...
Read More »Bitcoin Price Analysis: BTC Eyes Recovery Above $38K
Bitcoin price started a fresh decline from the $42,000 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a connecting resistance trend line forming with barrier at $37,800 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 $38,000 resistance. Bitcoin price is trading below $40,000 against the US Dollar. BTC might...
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