Tag Archives: Analysis

Crypto Market Could Rally Further: EOS, Bitcoin Cash, TRX, ADA Price Analysis

Tron Price Analysis: TRX Underperforming 24 Hours After NiTron

The total crypto market cap is preparing for more gains above the $132.5B resistance level. EOS price gained more than 7% recently and broke the $3.80 and $3.85 resistances. Bitcoin cash price is consolidating below the key $150 resistance level. Tron (TRX) price moved back above the $0.0250 resistance, but there was no follow through. Cardano (ADA) price is grinding higher and it could soon test the key $0.0500 resistance area. The crypto market is primed for more gains, with bullish moves in bitcoin (BTC) and Ethereum […]

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Crypto Market Eyes Additional Gains: BNB, EOS, Bitcoin Cash, Tron (TRX) Analysis

Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis

The total crypto market cap traded towards the $132.5B level and later corrected lower. EOS price traded above the $3.50 resistance and it is currently consolidating gains. Binance Coin (BNB) rallied more than 10% and broke the $10.00 resistance area. Bitcoin cash price is placed nicely above the $140 support, with a bullish bias. Tron (TRX) price failed to stay above the $0.0250 support and later declined. The crypto market started a downside correction, but it remains supported. Dips in bitcoin (BTC), Ethereum (ETH), Binance coin (BNB), […]

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Ripple Price Analysis: XRP Rally Unwinds But Not Likely Over

Ripple Price Analysis: XRP Poised To Break $0.3000 Support

Ripple price gained traction and broke the $0.3400 resistance area before sellers appeared against the US dollar. The price topped near the $0.3460 level and later started a sharp downside correction. Yesterday’s highlighted major bullish trend line is intact with support near $0.3190 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely preparing for a fresh upward move as long as it is above the $0.3100 support area. Ripple price rallied sharply before trimming most of its gains against the […]

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Ethereum Price Analysis: ETH Remains Buy On Dips, 100 SMA Holds Key

Ethereum Price Analysis: ETH Bullish In Short Term Above $106

ETH price started a downside correction after testing the $149-150 resistance area against the US Dollar. There was a break below a key bullish trend line with support at $146 on the hourly chart of ETH/USD (data feed via Kraken). There was an increase in selling pressure and the price tested the $139-140 support area. A few important supports are in place near the $141, $140 and $136 levels. Ethereum price started a short term correction against the US Dollar and bitcoin. ETH/USD must stay above $136 […]

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Crypto Market Could Extend Gains: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis

Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis

The total crypto market cap gained momentum and broke the $118.0B resistance level. EOS price broke the $2.85 resistance and it is currently approaching the $3.00 resistance. Bitcoin cash price is up more than 5% and it could soon test the $130 level. Tron (TRX) price is facing a strong resistance near the $0.0250 and $0.0255 levels. Cardano (ADA) price rallied and broke the $0.0400 and $0.0420 resistance levels. The crypto market gained bullish momentum, with gains in bitcoin (BTC) and Ethereum (ETH). EOS, BCH, ripple, tron, […]

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Ripple Price Analysis: XRP Likely To Gain Bullish Momentum Above $0.3100

XRP Benefiting From SWIFT--Corda Trial

Ripple price formed a solid support near the $0.2940 and traded higher against the US dollar. There was a break above two key bearish trend lines with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The price tested the $0.3040 and $0.3050 resistance levels, where sellers emerged. In the short term, there could be a minor downside correction before the price spikes above $0.3050 and $0.3080. Ripple price is holding a few important supports against the US Dollar and Bitcoin. […]

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Ethereum Price Analysis: ETH Rallies Above Key Resistance, Next Target $145

Ethereum Price Analysis: ETH Staging Decent Comeback, Could Test $125

ETH price gained strength above the $125 and $130 resistance levels against the US Dollar. There was a proper close above the $130 resistance level and the 100 hourly simple moving average. There is a key bullish trend line in place with support at $128 on the hourly chart of ETH/USD (data feed via Kraken). The price is likely to continue higher and the next targets for buyers could be $140 and $145. Ethereum price is gaining strength above key levels against the US Dollar and bitcoin. […]

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Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming?

Bitcoin Price Weekly Analysis: BTC Could Accelerate Gains Above $3,850

Bitcoin price started a downside correction after a sharp move towards $3,750 against the US Dollar. The price corrected lower and tested the $3,540-3,530 support area, where buyers emerged. Later, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is placed nicely in a positive zone and it could continue to move higher towards $3,650 and $3,800. Bitcoin price is slowly gaining bullish momentum against the US Dollar. BTC/USD […]

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Ripple Price Weekly Analysis: XRP At Risk of Sharp Bearish Reaction

Ripple Price Analysis: XRP Remains Sell On Rallies Towards $0.30

Ripple price is struggling to clear the $0.3000 and $0.3100 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3000 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair must gain momentum above $0.3000 and the 100 simple moving average (4-hours) for more gains. On the downside, a break below the $0.2940 support could trigger bearish moves in the near term. Ripple price corrected lower after a decent upward move against the US Dollar […]

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Ethereum Price Weekly Analysis: ETH Primed To Rise Further Above $125

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $114

ETH price started a major consolidation after a nasty upward move above $120 against the US Dollar. There is a contracting triangle in place with resistance at $124 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher once it breaks the $124 and $125 resistance levels in the near term. On the other hand, a break below $119 might call for more declines towards the $114 or $110 level. Ethereum price is placed nicely in a positive zone versus […]

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