Cardano Price Technical Analysis ADA USD

Cardano Price Technical Analysis – ADA/USD Accelerates Decline

Key Highlights ADA price failed to correct higher and it declined below the $0.3500 support level against the US Dollar (tethered). There is a key bearish trend line forming with resistance at $0.3650 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently trading below the $0.3500 level and […]

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Ripple Price Technical Analysis XRP USD

Ripple Price Technical Analysis – XRP/USD Declines Below $1.00

Key Highlights Ripple price struggled to gain momentum above $1.15 and declined sharply against the US dollar. There is a crucial bearish trend line forming with current resistance at $1.02 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently trading well below the $1.00 support and it remains […]

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Bitcoin Price Technical Analysis for 02/21/2018 – Waiting for More Buyers

Bitcoin Price Technical Analysis for 02/21/2018 – Waiting for More Buyers

Bitcoin Price Key Highlights Bitcoin price sold off from its rising wedge support previously highlighted, signaling that a downtrend may be in order. However, price is still testing support at the rising trend line connecting the lows since the start of the month. Technical indicators are also suggesting that bullish momentum could return. Bitcoin price […]

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Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Down

Key Points Bitcoin cash price declined sharply and broke a major support area near $1,450 against the US Dollar. There was a break below two bullish trend lines at $1,505 and $1,450 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair traded as low as $1,312 and it is currently correcting higher. […]

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FxPro Forex Analysis: GBPJPY and EURJPY Analysis – February 20, 2018

FxPro Forex Analysis: GBPJPY and EURJPY Analysis – February 20, 2018

Bank of Japan Governor Kuroda was reappointed to a rare second term last week, with the implication that the Japanese Yen cannot rely on any interest-rate hikes. Kuroda is expected to continue with monetary accommodation, negative base rates and direct management of the bank’s own government bond yield curve. Despite all this, the Japanese Yen […]

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Ripple Price Technical Analysis XRP USD

Ripple Price Technical Analysis – Can XRP/USD Break 100 SMA?

Key Highlights Ripple price is struggling to move higher and is currently trading below $1.0850 against the US dollar. There is a major contracting triangle pattern forming with resistance at $1.0700 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair has to move above $1.0700 and the 100 hourly simple […]

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Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD To Make Next Move

Key Points Bitcoin cash price is trading above the $1,500 support and is preparing for the next move against the US Dollar. There is a short-term contracting triangle forming with resistance at $1,540 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair is likely to break the triangle resistance at $1,540 and […]

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Cardano Price Technical Analysis ADA USD

Cardano Price Technical Analysis – ADA/USD to Decline Further

Key Highlights ADA price declined recently after forming a high near the $0.4185 level against the US Dollar (tethered). There was a break below a major bullish trend line with support at $0.3850 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently holding the $0.3600 support, but it […]

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Ripple Price Technical Analysis XRP USD

Ripple Price Technical Analysis – Can XRP/USD Hold $1.00?

Key Highlights Ripple price after an upside move faced a strong resistance at $1.1500 against the US dollar. There was a break below a connecting bullish trend line with support at $1.0800 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently holding the $1.00 support, but it is […]

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Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – Can ETH/USD Hold This?

Key Highlights ETH price is correcting lower, but it is holding the $900 support area against the US Dollar. There is a short-term bearish trend line forming with resistance at $920 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now below the 100 hourly simple moving average and $950, which […]

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Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Eyeing Further Gains

Key Points Bitcoin price made a nice upside move and traded above $9,000 and $10,000 against the US Dollar. There is a major ascending channel forming with current support at $10,150 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair may continue to rise and the next major resistances are […]

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