Author: Aayush Jindal

Ethereum Price Signals Bearish Moves, Test of $1,100 Seems Possible

Aayush Jindal

Ethereum is still showing bearish signs below the $1,200 zone against the US Dollar. ETH could continue to move down below the $1,180 support zone. Ethereum is attempting a minor upside correction towards the $1,200 barrier. The price is now trading below $1,200 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $1,195 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of a larger decline towards the $1,100 level or even…

Why SOL Could Dive Another 50%

Aayush Jindal

Solana is accelerating lower below $12 and $10 levels against the US Dollar. SOL price remains at a risk of a move towards the $7.50 and $7.00 levels. Sol price is struggling and trading well below the $12 level against the US Dollar. The price is now trading below $10 and the 100 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $10.55 on the 4-hours chart of the SOL/USD pair (data source from Kraken). The pair could face a strong selling interest near…

Ethereum Price Downtrend Intact for this Reason, Market Muted

Aayush Jindal

Ethereum is still consolidating below the $1,230 resistance against the US Dollar. ETH could react to the downside if it stays below $1,230 for a long time. Ethereum is attempting an upside break above the $1,230 resistance zone. The price is now trading above $1,200 and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $1,218 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above $1,230 and…

Bearish Continuation Below $0.33 Seems Likely

Aayush Jindal

Ripple is consolidating below the $0.35 resistance zone against the US Dollar. XRP price could extend its decline if there is no recovery wave above the $0.35 barrier. Ripple is currently consolidating below the $0.35 and $0.365 levels against the US dollar. The price is now trading below $0.365 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3480 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could start a decent recovery if it clears…

Downtrend Far From Over, $0.22 Still In Play

Aayush Jindal

Cardano’s price started a fresh decline after it failed to surpass $0.32. ADA remains at a risk of more losses below $0.25 and $0.245 in the near term. ADA price is gaining bearish momentum below the $0.280 support against the US dollar. The price is trading below $0.280 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.2560 on the 4-hours chart of the ADA/USD pair (data source from Kraken). The pair could continue to move down below the $0.245 support…

Ethereum Price Suffers Setback, This Triangle Could Start Another Decline

Aayush Jindal

Ethereum started a fresh decline from the $1,320 resistance against the US Dollar. ETH is struggling and remains at a risk of a move below $1,150. Ethereum started another decline and traded below the $1,200 support. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $1,190 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down unless the price climbs above the $1,220 resistance. Ethereum Price Turns Red…

Why TRX Could Outperform BTC and ETH

Aayush Jindal

Tron price is up over 5% and showing positive signs above $0.055 against the US Dollar. TRX could outperform bitcoin and rise further towards $0.060. Tron price is trading in a positive zone well above the $0.0520 pivot level against the US dollar. The price is showing positive signs above $0.055 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0530 on the 4-hours chart of the TRX/USD pair (data source from Kraken). The pair is likely to start a fresh…

Ethereum Price Key Indicators Suggest Strengthening Case For Upside Break

Aayush Jindal

Ethereum remained supported above the $1,240 level against the US Dollar. ETH is rising and might soon attempt an upside break above the $1,300 barrier. Ethereum remained well bid above the $1,240 and $1,220 levels. The price is now trading above $1,260 and the 100 hourly simple moving average. There is a major contracting triangle forming with resistance near $1,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase if there is a clear move above the $1,300 barrier. Ethereum Price Eyes…

Dogecoin Price Plunges 10%, Time To Buy DOGE on Dips?

Aayush Jindal

Dogecoin reacted to the downside from the $0.1120 resistance against the US Dollar. DOGE must stay above the $0.080 support to start a fresh increase. DOGE started a fresh decline from the $0.1120 resistance against the US dollar. The price is trading below the $0.0950 zone and the 100 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.102 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair must stay above the $0.0800 support zone to start…

Ethereum Price Bulls Hold Strong, Indicators Suggest Fresh Rally To $1,400

Aayush Jindal

Ethereum bulls defended the $1,220 support zone against the US Dollar. ETH is rising and might aim a strong bullish wave above the $1,300 resistance zone. Ethereum remained well bid and strong above the $1,220 zone. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,245 on the hourly chart of ETH/USD (data feed via Kraken). The pair is showing positive signs and might eye an upside break above the $1,300 resistance.…