• Bitcoin cash started a decent increase above the $120 and $122 levels against the US Dollar.
• The price is now trading below the $130 zone and the 55 simple moving average (4-hours).
• There is a key declining channel forming with resistance near $129 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).
• The pair must clear $129 and $130 to continue higher in the near term.

Bitcoin cash price is consolidating above $120 against the US Dollar, similar to bitcoin. BCH/USD could start a fresh surge if it clears the $130 level.

Bitcoin Cash Price Analysis

Bitcoin cash price formed a decent support base above the $122 level. BCH started a decent increase and was able to clear the $125 resistance zone.

The price climbed above the $132 and $125 resistance levels. A high was formed near $139.80. Recently, there was a downside correction below $130. The price declined even declined below the $125 level. A low is formed near $123.42 and the price is now rising.

There was a move above the 23.6% Fib retracement level of the downward move from the $139.80 swing high to $123.43 low. It is now trading below the $130 zone and the 55 simple moving average (4-hours).

On the upside, the price is facing resistance near the $129 level. The next major resistance is near the $130 level. There is also a key declining channel forming with resistance near $129 on the 4-hours chart of the BCH/USD pair, above which the price may perhaps rise towards the $135 level.

Any more gains above $135 could set the pace for a move towards the $142 level. An immediate support on the downside is near the $125 level.

The first major support sits near the $122 level. The next major support is near $115, below which the bears might aim $108. The next target for them may perhaps be near the $102 level.

Bitcoin Cash Price

Looking at the chart, bitcoin cash price is now trading below the $130 zone and the 55 simple moving average (4-hours). Overall, the price must clear $129 and $130 to continue higher in the near term.

Technical indicators

4 hours MACD – The MACD for BCH/USD is losing pace in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI for BCH/USD is near the 50 level.

Key Support Levels – $125 and $122.

Key Resistance Levels – $130 and $135.

Tags: BCH, Bitcoin Cash

• EOS price started a downside correction from the $1.200 resistance against the US Dollar.
• The price is now trading below $1.15 and the 55 simple moving average (4-hours).
• There was a break below a key bullish trend line with support near $1.150 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).
• The pair could continue to move down if it stays below the $1.150 and $1.20 resistance levels.

EOS price is declining from $1.200 against the US Dollar, similar to bitcoin. The price could accelerate lower if there is a clear move below the $1.065 support.

EOS Price Analysis

This past week, EOS price climbed further higher above the $1.15 resistance zone against the US Dollar. The price surpassed the $1.18 level and settled above the 55 simple moving average (4-hours).

A high was formed near $1.2349 before the price started a downside correction. The price declined below the $1.22 support to move into a short-term bearish zone. Besides, there was a break below a key bullish trend line with support near $1.150 on the 4-hours chart of the EOS/USD pair.

The pair even traded below the 50% Fib retracement level of the upward move from the $0.9627 swing low to $1.2349 high. It is now trading below $1.15 and the 55 simple moving average (4-hours).

On the downside, an immediate support is near the $1.08. The next key support is near the $1.065. It is near the 61.8% Fib retracement level of the upward move from the $0.9627 swing low to $1.2349 high. If there is a downside break below the $1.065 support, the price could revisit the $1.000 support.

On the upside, an immediate resistance is near the $1.150 level. The first major resistance is near the $1.20 level, above which the price could rise steadily.

The main resistance is still near $1.230. A clear move above the $1.230 level might call for more upsides. In the stated case, it could rise towards the $1.28 level. Any more gains might send the price towards the $1.300 level.

EOS Price

Looking at the chart, EOS price is now trading below the $1.15 level and the 55 simple moving average (4-hours). Overall, the price could continue to move down if it stays below the $1.150 and $1.20 resistance levels.

Technical indicators

4-hours MACD – The MACD for EOS/USD is losing pace in the bearish zone.

4-hours RSI (Relative Strength Index) – The RSI is now below the 50 level.

Major Support Levels – $1.08 and $1.065.

Major Resistance Levels – $1.15 and $1.20.

Tags: EOS

• Litecoin started a steady increase above $78 against the US Dollar.
• LTC price is now trading above $85 and the 55 simple moving average (4-hours).
• There was a break above a major bearish trend line with resistance at $85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).
• The pair could gain bullish momentum if it clears the $88 and $90 resistance levels.

Litecoin price is showing positive signs above $85 against the US Dollar, similar to bitcoin. LTC price could climb further if there is a clear move above $90.

Litecoin Price Analysis

In the past few sessions, there were mostly positive moves in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC formed a base above the $75 level and started a fresh increase.

There was a clear move above the $78 and $80 resistance levels. During the increase, there was a break above a major bearish trend line with resistance at $85 on the 4-hours chart of the LTC/USD pair. The price even climbed above the $86 level and the 55 simple moving average (4-hours).

There was a clear move above the 76.4% Fib retracement level of the downward move from the $88.06 swing high to $76.96 low. It is now trading above $86 and the 55 simple moving average (4-hours).

On the upside, the price is facing resistance near the $88 level. A clear move above the $88 level could push the price towards the $95 level. It is near the 1.618 Fib extension level of the downward move from the $88.06 swing high to $76.96 low.

The next major resistance sits near the $95 level. Any more gains might send the price towards the $100 level. On the downside, an initial support is near the $85 level.

The next major support is near the $82 level. If there is a downside break below the $82 support, the price could accelerate lower towards the $75 level in the near term.

Litecoin (LTC) Price

Looking at the chart, litecoin price is clearly trading above $85 and the 55 simple moving average (4-hours). Overall, the price could gain bullish momentum if it clears the $88 and $90 resistance levels.

Technical indicators

4 hours MACD – The MACD for LTC/USD is now gaining pace in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI for LTC/USD is now above the 50 level.

Key Support Levels – $85 and $82

Key Resistance Levels – $88 and $90.

Tags: litecoin, LTC

• Solana price started a decent increase above the $21.50 resistance against the US Dollar.
• The price is now trading above $22 and the 55 simple moving average (4-hours).
• There is a major bullish trend line forming with support near $22.30 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase).
• The pair must clear $24.00 and $25.00 to continue higher in the near term.

Solana price is trading above $22 against the US Dollar, similar to bitcoin. SOL could start a strong increase if it clears the $24 resistance.

Solana (SOL) Price Analysis

SOL price remained in a bullish zone above the $19.20 and $20 support levels. The bulls were active near the $19.20 zone. A base was formed and the price started a decent increase above the $21.20 level.

There was a steady increase above the $22.00 level and the 55 simple moving average (4-hours). The pair even climbed above the $23.50 level. A high was formed near $23.99 before there was a downside correction. The price declined below the $23 support zone.

There was a move below the 23.6% Fib retracement level of the upward move from the $18.76 swing low to $23.99 high.  It is now trading above $22 and the 55 simple moving average (4-hours).

On the upside, an immediate resistance is near the $23.20 level. The next major resistance is near the $24.00 zone. Any more gains might send sol price towards the $25.50 resistance zone, above which the price could accelerate higher. The next major resistance sits near the $26.80 level.

On the downside, an initial support is near the $22.30 level. There is also a major bullish trend line forming with support near $22.30 on the 4-hours chart of the SOL/USD pair.

A downside break below the $22.30 support level push the price towards 50% Fib retracement level of the upward move from the $18.76 swing low to $23.99 high. Any more losses might call for a test of $20.00.

Solana (SOL) Price

Looking at the chart, solana price is clearly trading above $22 and the 55 simple moving average (4-hours). Overall, the price must clear $24.00 and $25.00 to continue higher in the near term.

Technical Indicators

4 hours MACD – The MACD is now losing momentum in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI is now above the 50 level.

Key Support Levels – $22.30 and $21.40.

Key Resistance Levels – $24.00, $25.00 and $26.80.

Tags: SOL, Solana

• Bitcoin price started a fresh increase above the $25,000 zone against the US Dollar.
• The price is now trading above $27,000 and the 55 simple moving average (4-hours).
• There is a key bullish trend line forming with support near $28,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
• The pair could continue to rise if there is a clear move above $28,500 level.

Bitcoin price is showing positive signs above $27,000 against the US Dollar. BTC might gain bullish momentum if there is a clear move above the $28,500 zone.

Bitcoin Price Analysis

Bitcoin price started a steady increase from the $24,000 support zone. The price gained and cleared many hurdles near the $25,500 and $26,200 levels.

There was a clear move above the $27,000 level and the 55 simple moving average (4-hours). The bulls gained pace for a move above the $28,000 zone. The price even spiked above the $28,500 resistance zone and formed a high near $28,578.

Recently, there was a downside correction below the $28,000 level. The price declined below the 23.6% Fib retracement level of the upward move from the $24,443 swing low to $28,578 high.

The price is now trading above $27,000 and the 55 simple moving average (4-hours). An immediate resistance on the upside is near the $28,350 level.

The first major resistance is near the $28,500 level. The next major resistance on the upside is near the $29,500 level, above which the price could rise towards the $30,000 zone.

Any more gains might send the price towards the $32,000 zone. If there is no upside break, the price might start a downside correction below $28,000. There is also a key bullish trend line forming with support near $28,100 on the 4-hours chart of the BTC/USD pair.

The next key support is near the $26,500 level. It is close to the 50% Fib retracement level of the upward move from the $24,443 swing low to $28,578 high. Any more losses might call for a move towards the $24,000 support zone.

Bitcoin Price

Looking at the chart, bitcoin price is clearly trading above $26,500 and the 55 simple moving average (4-hours). Overall, the price could continue to rise if there is a clear move above $28,500 level in the near term.

Technical Indicators

4 hours MACD – The MACD is now losing momentum in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI is now above the 50 level.

Key Support Levels – $28,000 and $26,500.

Key Resistance Levels – $28,350, $28,500 and $30,000.

Tags: bitcoin, BTC

• ADA price seems to be forming a support base above the $0.30 level against the US Dollar.
• The price is now trading above $0.320 and the 55 simple moving average (4-hours).
• There is a key contracting triangle forming with resistance near $0.350 on the 4-hours chart (data feed via Coinbase).
• The price could gain bullish momentum if it clears the $0.350 and $0.368 levels.

Cardano price is showing positive signs above $0.320 against the US Dollar, similar to bitcoin. ADA price could gain bullish momentum if it clears the $0.350 resistance.

Cardano Price Analysis

This past week, cardano price started a steady increase from the $0.3200 zone against the US Dollar. The ADA/USD pair gained pace for a move above the $0.335 and $0.340 levels.

It even broke the $0.350 level and settled above the 55 simple moving average (4-hours). A high was formed near $0.3579 before there was a downside correction. The price traded as low as $0.3317 and is currently showing positive signs.

ADA price is now trading above $0.320 and the 55 simple moving average (4-hours). On the upside, an immediate resistance is near the $0.344 zone. It is near the 50% Fib retracement level of the downward move from the $0.3579 swing high to $0.33171 low.

The next major resistance is near the $0.350 level. There is also a key contracting triangle forming with resistance near $0.350 on the 4-hours chart. The triangle is close to the 61.8% Fib retracement level of the downward move from the $0.3579 swing high to $0.33171 low.

A clear move above the $0.350 resistance might start a strong increase. In the stated case, the price may perhaps rise towards the $0.368 resistance.

On the downside, an immediate support is near the $0.332 level. The next major support is near the $0.320 level. A clear move below the $0.320 level might send the price towards the $0.300 level. Any more losses might send the price towards the $0.280 support.

Cardano (ADA) Price

The chart indicates that ADA price is now trading above $0.320 and the 55 simple moving average (4-hours). Overall, the price could gain bullish momentum if it clears the $0.350 and $0.368 levels.

Technical Indicators

4 hours MACD – The MACD for ADA/USD is now gaining pace in the bullish zone.

4 hours RSI – The RSI for ADA/USD is now above the 50 level.

Key Support Levels – $0.320 and $0.300.

Key Resistance Levels – $0.350 and $0.368.

Tags: ADA, Cardano