Crypto Market and Bitcoin Could Continue Higher: BCH, EOS, TRX, ADA Analysis

The total crypto market cap started a decent recovery and broke the key $260.0B resistance.
Bitcoin price rallied around 10% and broke the $10,000 and $10,500 resistance levels.
EOS price recovered steadily and even broke the $4.00 resistance area.
BCH price is up more than 5% and it recently cleared the $300 resistance.
Tron (TRX) price gained around 8% and surpassed the $0.0250 resistance level.
Cardano (ADA) price is still struggling below the $0.0600 level.

Bitcoin price jumped more than $1,000 and the crypto market cap is up more than 10%. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB are likely to continue higher.
Bitcoin Cash Price Analysis
After this past week’s significant decline, bitcoin cash price found support near the $270 level against the US Dollar. The BCH/USD pair started a decent upward move and broke the key $290 and $300 resistance levels. It is currently up around 5% and is trading near the $310 level.
If there are more gains, the price may perhaps test the $320 resistance level. On the downside, the $305 and $300 levels are decent supports, below which the price may move back in a bearish zone.
EOS, Tron (TRX) and ADA Price Analysis
EOS price is slowly recovering and it recently broke the $3.900 and $4.000 resistance levels. However, there is a strong resistance forming near the $4.200 level, where the bulls might face a tough challenge in the near term. A successful break above $4.200 could push the price towards the $4.500 level.
Tron price is gaining momentum and it gained around 20% in the past three days. TRX price broke the $0.0240 and $0.0250 resistance levels and it seems like it could continue to rise. The next major hurdle for buyers is near the $0.0265 level.
Cardano price remains in a bearish zone and it recently formed a decent support near the $0.0550 level. However, ADA price is facing a crucial resistance near $0.0600, above which the price could recover higher in the coming sessions. The next main resistance is near the $0.0650 level.

Looking at the total cryptocurrency market cap 4-hours chart, there was a steady rise from the $230.0B support area. The market cap surpassed the key $250.0B and $260.0B resistance levels. Moreover, there was a break above a major bearish trend line with resistance at $260.0B on the same chart. At the moment, the market cap is facing resistance near the $280.0B level and it might correct lower in the near term. However, the broken resistance near $260.0B may perhaps act as a key support zone. Overall, dips remain supported in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins.
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Decentralization Taking Shape On a New Platform For Dapps and Services

Coinspeaker
Decentralization Taking Shape On a New Platform For Dapps and Services
If any technology seeks to be adopted and widely used, it must have firm foundations to stand on. Credits may well be the solid ground the industry’s many participants have been seeking for turning their developments into reality.
Decentralization Taking Shape On a New Platform For Dapps and Services

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin & Crypto Market Near Key Juncture: LTC, BNB, BCH, TRX Analysis

The total crypto market cap declined towards the $235.0B level and recently corrected higher.
Bitcoin price is also correcting higher, but it is facing hurdles near $9,800 and $10,000.
Binance coin (BNB) price recovered more than 10% and broke the $27.00 resistance area.
Litecoin (LTC) price rallied recently above the $80.00 and $85.00 resistance levels.
BCH price is slowly approaching towards the key $300 resistance area.
Tron (TRX) price is up around 10% and it is currently trading above the $0.0220 level.

The crypto market cap and bitcoin (BTC) are currently near an important juncture. Ethereum (ETH), BNB, litecoin, ripple, BCH, TRX, XLM and EOS are showing signs of a short term recovery.
Bitcoin Cash Price Analysis
After a sharp decline below the $300 level, BCH price found support near the $270 level against the US Dollar. The BCH/USD pair started an upside correction and traded above the $280 and $290 levels. It seems like the price is slowly recovering and it could soon test the key $300 resistance level.
If there is an upside break above $300, the price could correct towards the $320 level. If not, the price is likely to decline again below the $290 and $280 level in the near term.
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis
Binance coin (BNB) price found strong support near the $24.00 level and it recently started an upward move. BNB price broke the $25.00 and $26.50 resistance levels. It even broke the $27.00 resistance and it may soon test the $27.50 resistance level.
Litecoin price found support near the $75.00 level after a massive decline. LTC price jumped higher recently and broke the $80.00 resistance level. The price is up more than 12% and it is approaching towards the $92.00 and $95.00 resistance levels, where sellers could emerge.
Tron price tested the $0.0200 support level and recently corrected higher. TRX price is up around 10% and it broke the $0.0215 and $0.0220 resistance levels. The next key resistance on the upside is near the $0.0230 and $0.0232 levels.

Looking at the total cryptocurrency market cap 4-hours chart, there was a downside extension below the $250.0B support area. The market cap moved towards the $235.0B level and formed a swing low at $234.9B. It recently corrected higher and broke the $245.0B and $250.0B resistance levels. However, there is a strong resistance formed near the $260.0B level and a bearish trend line, which is currently acting as a barrier. If there is an upside break above the trend line, there could be a decent comeback n bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins in the near term.
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Crypto Market And Bitcoin Facing Many Hurdles: BCH, BNB, EOS, TRX Analysis

The total crypto market cap recovered after it dived towards the $250.0B support area.
Bitcoin price also corrected higher above the $10,500 and $10,800 resistance levels.
EOS price is currently consolidating above the $4.100 support area.
Binance Coin (BNB) settled below the $30.00 level and it is currently trading near $28.00.
BCH price is up more than 10% and it broke the $280 and $300 resistance levels.
Tron (TRX) price is slowly recovering and it recently broke the $0.0250 resistance area.

Bitcoin and the crypto market cap started a decent upside correction, but facing many hurdles. Ethereum (ETH), binance coin (BNB), BCH, ripple, tron (TRX), litecoin and EOS could resume their decline.
Bitcoin Cash Price Analysis
After a significant decline, BCH price found support near the $260 level against the US Dollar. The BCH/USD pair started a decent upward move and broke the $275 and $280 resistance levels. The price is up more than 10% and it recently broke the $300 resistance level.
The next resistance on the upside is near the $320 level. If the price fails to continue higher, it could decline once again towards the $280 support level in the near term.
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price spiked towards the $4.000 support area during the recent slide. Recently, the price started an upside correction and moved above $4.100. The price is currently consolidating near $4.200, with a strong resistance near the $4.400 and $4.450 levels. On the downside, the $4.100 and $4.000 levels are important supports for the current wave.
Tron price declined heavily and even broke the $0.0240 support area. TRX price tested the $0.0230 level and it recently corrected higher. The price is now trading above the $0.0250 level, but it might struggle to move above the $0.0265 and $0.0272 resistance levels in the near term.
Binance coin (BNB) settled below the key $30.00 support area. BNB price is now consolidating near the $28.00 level and it could struggle to climb above the $28.50 and $29.20 resistance levels. The main resistances are near the $30.00 and $30.20 levels.

Looking at the total cryptocurrency market cap 4-hours chart, there was a sharp decline below the $300.0B support area. The market cap even broke the $280.0B support and moved close to the $250.0B support area. A swing low was formed near $254.0B and the market cap recently recovered higher. It broke the $260.0B and $270.0B levels, but the previous support near the $280.0B and $285.0B levels acted as a strong hurdle. The current technical structure suggests that there could be more declines in the market cap. Therefore, bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX are likely to struggle to continue higher.
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Crypto Market and Bitcoin Signaling More Downsides: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is down more than $50.0B and it recently tested the $255.0B support.
Bitcoin price is down more than 10% and even spiked below the $10,000 support level.
EOS price broke the $4.50 support level and traded towards the $4.20 support zone.
BCH price is down around 20% and it even traded below the $300 support level.
Tron (TRX) price jumped around 10% and is currently trading above $0.0350.
Cardano (ADA) price broke the key $0.0700 and $0.0600 support levels.

Bitcoin price declined heavily below $10,500 and the crypto market cap is down around $50.0B. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB declined between 10%-25%.
Bitcoin Cash Price Analysis
After this past week’s downside break, bitcoin cash price started a major decline below the $360 support against the US Dollar. The BCH/USD pair even broke the $320 and $300 support levels to enter a major downtrend. The price is down around 20% and it is currently trading near the $280 level.
If the price continues to move down, it could trade towards the next major support near the $250 level. On the upside, the previous supports near $300 and $320 are likely to act as hurdles in the near term.
EOS, Tron (TRX) and ADA Price Analysis
EOS price was down more than $2.00 in the past few days. The price even broke the $5.000 and $4.500 support levels. It traded towards the $4.200 support level and it is currently correcting higher. On the upside, there is a strong resistance forming near the $4.500 and $4.600 levels.
Tron price is down around 15% and it recently broke the key $0.0320 and $0.0300 support levels TRX price even traded below the $0.0260 support and tested the $0.0240 level. It seems like the price may extend losses towards the $0.0225 support area.
Cardano price is under a lot of pressure and it recently broke the $0.0700 and $0.0600 support levels. ADA price is down 13% and is trading near the $0.0580 level. The next key support is near the $0.0560 level.

Looking at the total cryptocurrency market cap 4-hours chart, there was a significant downside break below the $315.0B and $300.0B support levels. The market cap declined more than $50.0B recently and moved towards the $255.0B and $250.0B support levels. A swing low was formed near $254.0B and the market cap is currently correcting higher. However, there are many important resistances on the upside near the $275.0B and $280.0B levels. Therefore, an upside recovery in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins is likely to remain capped in the near term.
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Tron beats ETH and EOS in the DApp game, surpassing the two in weekly trading volume

Tron network primarily focuses on creating entertainment-based decentralized applications and has seen a howling success in the same.Tron recently surpassed the 500 DApps mark and reported 513 DApps on the network, along with an increase in transaction volume and smart contracts. According to the latest DApp Review report, Tron recorded a seven-day volume of USD 77,187,891.96, […]
The post Tron beats ETH and EOS in the DApp game, surpassing the two in weekly trading volume appeared first on AMBCrypto.
Source: AMB Crypto

Binance Coin Flips EOS After Coin Burn as Bitcoin Continues to Consolidate

Altcoins are still getting beat up as we enter the weekend. Bitcoin has remained range bound with little movement over the past 24 hours but there has been some position jockeying in the market capitalization charts this morning.
Bitcoin Consolidating Following Trump Tweet
BTC has spent most of the past day or so trading sideways. An intraday high of $11,900 was touched last night but there was no break above $12k and Bitcoin retreated again. Bitcoin is still falling and currently back at short term support just above $11,500. Daily volume is also tailing off and is now back to $20 billion.
BTC price 24 hours. Coinmarketcap.com
The crypto community is still twittering away about Trump’s Bitcoin comments a couple of days ago. Most are of the opinion that is was bullish for the scene as crypto has now become truly mainstream with even the POTUS taking a stance on it.
Naturally governments and banks are going to want to keep things the way they are and a new decentralized digital form of peer-to-peer finance totally undermines their tight grip of control over their populations.
CNBC even hosted a pro-crypto Squawk Box yesterday with achor ‘Joe Squawk’ stating that Trump’s comments were unsurprising since he also seeks to devalue the dollar.
Altcoins In Pain
Elsewhere in crypto land the tide of red is washing across the altcoin markets once again. Ethereum has retreated a couple of percent back to $270 and it remains bearish for the time being. XRP has been dumped and now has half the market capitalization of ETH which was once below it. The Ripple token has shed another 3 percent today falling to $0.335.
Litecoin halving fomo appears to have totally fizzled out as LTC falls back towards $100, dangerously close to double digits once again. There are now only 22 days to go and the likelihood of Litecoin returning to a new high for the year above $150 is looking slim.
Bitcoin Cash is also weak, falling another 4 percent back below $350. Today’s big move has been Binance Coin which is the only altcoin in the green in the top ten. BNB has only made 1.5 percent but it has been enough to flip EOS which has dumped 2 percent falling to $4.72. The difference in market cap is only $150k but Binance Coin is now the sixth largest crypto asset on the planet. The eighth quarterly coin burn dropping the supply has driven today’s momentum.

#Binance completed the eight quarterly “burn” of Binance coin (#WeissRating: C+), destroying $26 million worth of tokens. Kudos to Binance – give credit where credit is due. We wish it didn’t raise token value by resorting to such cheap tactics.#crypto #cryptocurrency #BNB
— Weiss Ratings (@WeissRatings) July 12, 2019

There are only a handful of altcoins in the green at the time of writing and they include Cardano and Monero adding a couple of percent. Chainlink, which has been this year’s fomo favorite, has pumped 11 percent today to reach $3.18. LINK is one of the day’s top performers along with Ravencoin which has made over 20 percent.
Image from Shutterstock
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Crypto Market Cap & Bitcoin Down 10%: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap failed to continue above $350.0B and declined sharply.
Bitcoin price failed to accelerate above $13,000 and declined nearly 10%.
Litecoin (LTC) price is down more than 11% and it broke the $110 support area.
BCH price declined heavily and broke the $400 and $390 support levels.
Tron (TRX) price broke the $0.0320 support and traded close to the $0.0315 support.
Cardano (ADA) price is down around 8% and it could soon test $0.0700.

The crypto market cap is down more than $30.0B, with strong bearish moves in bitcoin (BTC) and Ethereum (ETH). LTC, BCH, EOS, cardano, ripple, TRX, XLM and BNB are currently under pressure.
Bitcoin Cash Price Analysis
Bitcoin cash price failed to settle above the $420 resistance level against the US Dollar. BCH/USD started a major decline and broke a few important supports such as $405, $400, $395 and $390. The price even tested the $380 level and it remains at a risk of more losses.
If the price breaks the $375 support, it could continue to decline towards the $360 support. On the upside, an initial resistance is near the $390 level, followed by the $400 barrier.
Cardano (ADA), Litecoin (LTC) and Tron (TRX) Price Analysis
Litecoin price was under a lot of pressure and it recently broke the $112 and $110 support levels. LTC price is down more than 11% and it even tested the $105 support. The main support is near the $100 level, below which the price may turn super bearish.
Tron price is declined below the $0.0330 and $0.0325 support levels. TRX price even broke $0.0320 and recently tested the $0.0315 support. The next important support is near $0.0310, followed by $0.0308. On the upside, the must break the $0.0325 and $0.0330 levels to move back in a positive zone.
Cardano price broke a couple of important supports near the $0.0780 and $0.0760 levels. ADA price even broke the $0.0725 level and traded close to the $0.0700 level. If there are more losses, the next stop for ADA could be near the $0.0650 level.

Looking at the total cryptocurrency market cap 4-hours chart, it seems like there was a major rejection near the $346.0B zone. The market cap started a major decline below $330.0B and broke a contracting triangle on the same chart. The market cap declined more than $30.0B and tested the $305.0B level. The next key support on the downside is near the $300.0B and $298.0B levels, where the bulls may take a stand. Still, there could be more losses in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, TRX, ICX, XLM and other altcoins in the near term.
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Crypto Capitulation: An Altcoin Obituary, Or the Biggest Buy Signal Ever?

Since the start of April 2019 when Bitcoin rallied over $1,000 in a matter of a few minutes, the first ever crypto asset has taken the market by storm, capturing the attention of all crypto traders, investors, and analysts – but at the expense of the altcoin market.
While hope for an “alt season” has lingered throughout much of 2019, that hope finally turned into panic, as altcoins – the asset class designed in the vein of Bitcoin – have started to capitulate. But even though most of the crypto community is extremely bearish on the category of coins, typically when there’s “blood in the streets” it’s among the most lucrative buy signals.
Bitcoin Continues to Bleed Out Altcoins, When Does the Crypto Carnage End?
Upon reading any internet forum on cryptocurrency or scrolling down a crypto Twitter feed, you’ll be hard pressed to not find anger and despair towards altcoins everywhere you look.
Following a parabolic advance by Bitcoin, the first ever crypto asset has literally sucked all the value out of the altcoin market, and as BTC pushes higher, trading pairs against Bitcoin have crashed ever further in their ratio.

According to CoinMarketCap data, the entire top ten cryptocurrencies by market cap have dropped between 5% and 11% across the board. Lower down the market cap rankings 24-hour losses reach as high as 69% in some “shitcoins.”

New record on alt/btc bleed. pic.twitter.com/et8ENps8IR
— Krokz (@krokotar) July 10, 2019

The bleeding has even reached a new record, according to one crypto analyst.
This capitulation event has caused many to turn full-blown BTC maximalist, including Youtube influencer Ian Balina.

You either die as a BTC maxi or live long enough to see Balina capitulating with altcoins. pic.twitter.com/KFpE78LfFT
— The Crypto Monk (@thecryptomonk) July 10, 2019

Others have reacted with much more anger than tact, however, those that are responding to this with a clear head may want to consider buying here or slightly lower – as capitulation often is the final ending point before a major rebound. Take Bitcoin’s rise to $13,800 from $3,200 as a prime example of this.
Related Reading | Crypto Analyst: Bitcoin (BTC) Dominance May Reach 80%, Altcoins Expected to Bleed 
When altcoins do eventually bounce, they’ll bounce extremely hard and the alt season that everyone has been waiting for will happen faster than anyone could predict. As for when, or if that even occurs remains a mystery, but it could present the biggest financial opportunity for those that take the risk.

So much hate for alts on CT rn. Most of them will probably 10x in a matter of weeks.
— Crypto₿ull (@CryptoBull) July 10, 2019

Past bear and bull cycles have taught us that each cycle drastically changes the ranking of coins, with many never again reaching their previous highs, while others go on to set new highs and could potentially outperform Bitcoin by a wide margin.
But picking the winners isn’t easy, and choosing the wrong coin could result in complete loss. What will you do here? Buy or sell?

Prayers for Altcoins pic.twitter.com/18xr8RZkOk
— ฿ (@BitBitCrypto) July 10, 2019

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Bitcoin, Crypto Market Climbing Higher: BCH, BNB, LTC, TRX Analysis

The total crypto market cap followed a bullish path and settled above the $330.0B resistance.
Bitcoin price remained in an uptrend and it recently broke the key $13,000 resistance area.
Binance coin (BNB) price struggled to stay above $33.00 and recently declined to $32.00.
Litecoin (LTC) price is still trading below the key $122 and $124 resistance levels.
BCH price failed to gain strength above $425 and recently corrected towards $415.
Tron (TRX) price is moving higher once again and it could revisit $0.0350.

The crypto market cap and bitcoin (BTC) are climbing higher steadily. Whereas, Ethereum (ETH), BNB, litecoin, ripple, BCH, TRX, XLM and EOS are struggling to gain bullish momentum.
Bitcoin Cash Price Analysis
There was a slow and steady rise in BCH price above the $420 level against the US Dollar. The BCH/USD pair tested the $425 resistance level, but it struggled to continue higher. Recently, it corrected lower below $420 and revisited the $115 support area.
If there are more losses, the price may perhaps revisit the $405 and $400 support levels. On the upside, a convincing break above the $425 resistance is needed for more gains.
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis
Binance coin (BNB) price attempted a bullish break above the $33.50 resistance level, but it failed. BNB price started a downside correction and traded below the $33.00 and $32.50 support levels. It is now trading near the $32.00 level, below which it could even test the $31.20 support area.
Litecoin price traded above the $120 level recently, but it faced a strong resistance near the $124 and $125 levels. LTC price trimmed gains and it is currently trading below the $120 level. If there are more losses, the price may perhaps revisit the $115 support area in the near term.
Tron price started a sharp downside correction after it rallied towards the $0.0360 level. TRX price found support near the $0.0330 level and it is currently moving higher. It seems like the price may soon break $0.0340 and it could even revisit the $0.0350 resistance.

Looking at the total cryptocurrency market cap hourly chart, there was a strong upward move above the $325.0B and $330.0B resistance levels. The market cap even broke the $340.0B level and it recently climbed towards $348.0B. It seems like the market cap is following a nice bullish path and it may perhaps climb above the $350.0B resistance area. On the downside, there are many supports near the $335.0B and $332.0B levels. Only a close below the $330.0B level might push bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins lower in the near term.
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Bitcoin [BTC] Breaks $13,000 Again with Altcoins ETH, XRP, BCH, LTC Losing Dominance Vastly

Bitcoin’s bullish momentum has driven it past $13000 again after a 30% pullback. Hence, the buying pressure in Bitcoin still seems consistent. As some of the critical indicators are still lagging, apparently, the limited supply with global economic unrest is enough to motivate the traders at the moment.
The price of Bitcoin [BTC] 3: 00 hours UTC on 10th July 2019 is $13020. It is trading 2.9% higher on a daily scale.
BTC/USD 4-hour Chart on Bitstamp (TradingView)
Bitcoin’s dominance of the cryptocurrency markets breached another percent as it reached close to 65%. Moreover, while in terms of USD, the altcoins are trying to hold above support, most altcoins are testing ultimate support levels with respect to altcoins.
XRP/BTC Weekly Chart on Bittrex (TradingView)
While this upsets the traders trying to accumulate Bitcoins, however, many experts suggest – it will also provide for authentic and sustainable growth of the market from now.
Ethereum [ETH], Bitcoin Cash [BCH] and Litecoin [LTC]
While Litecoin [LTC] is looking to establish support near $120, Bitcoin Cash [BCH] is also trading above $400. These two are ideal alternative cryptocurrencies for payments due to the low transaction cost. However, the utility of cryptocurrencies in payments is still limited due to regulatory concerns and competition from banks.
ETH/USD 4-Hour Chart on Bitstamp (TradingView)
Ethereum [ETH] has also maintained support above $300. However, the last time Bitcoin broke above $13000; ETH, ETH was trading above $350. The price of Ether [ETH] at 3: 00 hours UTC on 10th July 2019 is $312. It is trading 1.13% lower on a daily scale.
The situation is the same with EOS and Tron [TRX] as well; EOS is forming support around $5.8, with TRX at 0.033. Moreover, it is imperative that the altcoins hold above these levels for the next support is near yearly lows.
XRP, Stellar and Monero
The XRP community was one of the most active and successful cryptocurrencies within the cryptocurrency space. This accentuated the price of XRP greatly during the 2017 bubble. Currently, the ‘hodlers’ have seen any considerable gain on it, as it continues to trade below $0.4.
XRP/USD 4-Hour Chart on Bitstamp (TradingView)
Moreover, last time Bitcoin broke above $13000, XRP was traded above $0.45. Stellar [XLM] has also been testing support above $0.1.
The popular Exchange backed tokens Binance Coin and LEO traded above $32 and $1.5 respectively.
The rise is in Bitcoin above $13,000 has turned many analysts bullish. Moreover, while the market sentiments are different than last time. The scope of growth for altcoins is still the same. Therefore, the developers and teams will be working hard towards increasing adoption and viability of their cryptocurrencies.
Which cryptocurrencies do you think will be more successful? Please share your views with us. 
The post Bitcoin [BTC] Breaks $13,000 Again with Altcoins ETH, XRP, BCH, LTC Losing Dominance Vastly appeared first on Coingape.
Source: CoinGape

Crypto Market And Bitcoin Starts Fresh Rally: BCH, BNB, EOS, TRX Analysis

The total crypto market cap jumped sharply and broke the key $325.0B resistance area.
Bitcoin price is up more than 10% and it recently broke the $12,500 resistance level.
EOS price is showing positive signs and it recently broke the $6.00 resistance area.
Binance Coin (BNB) broke the $33.00 resistance and it is currently consolidating in a range.
BCH price is up more than 4% and it broke the $420 and $425 resistance levels.
Tron (TRX) price is currently correcting yesterday’s gains, but remains supported near $0.0330

Bitcoin and the crypto market cap started a strong upward move. Ethereum (ETH), binance coin (BNB), BCH, tron (TRX), litecoin, ripple, and EOS are likely to gain bullish momentum.
Bitcoin Cash Price Analysis
After settling above the $400 level, BCH price consolidated in a range for a few sessions against the US Dollar. The BCH/USD pair started a fresh rise and recently managed to clear the $415 and $420 resistance levels. The price is now trading above the $425 level and it could continue to rise.
On the upside, the next key resistance is near the $440 level, above which the price could easily test the $450 resistance level in the near term.
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price formed a decent support near the $5.850 level and recently climbed above the $5.950 and $6.000 resistance levels. The price now needs to break the $6.080 and $6.100 resistance levels to start a strong rise in the coming sessions. The next key resistance on the upside is near the $6.280 level.
Tron price rallied more than 10% yesterday and tested the $0.0360 level. However, TRX price failed to continue higher and recently corrected below the $0.0350 and $0.0342 support levels. The price is now trading near the $0.0330 support level and it might soon start a fresh increase in the near term.
Binance coin (BNB) consolidated above the $32.50 support level for a few sessions. Finally, BNB price climbed higher and broke the key $33.00 resistance level. The price is now trading well above the $33.20 level and it may soon test the $34.00 and $34.50 levels.

Looking at the total cryptocurrency market cap 4-hours chart, there was a steady rise above the $310.0B resistance level. The market cap recently gained bullish momentum and broke the key $325.0B resistance level plus a contracting triangle near the $318.0B level. It opened the doors for more gains and the cap rallied above the $340.0B level. It seems like there could be more upsides towards the $350.0B level in the coming sessions. Therefore, bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX are likely to gain further.
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Bitcoin [BTC] breaks 7% Lower on 4th July; Alts ETH, LTC, XRP, and EOS Test Support

Bitcoin ended 4th of July on a comparatively lower price than most traders would have expected. The price dropped about 7% as it tested the $11,000 levels. The results from Google trend and subsequent doubts around Tether manipulation are probably keeping the bulls at bay.
BTC/USD 4-Hour Chart on Bitstamp (TradingView)
The total market capitalization of cryptocurrency markets was nearly $320 billion with Bitcoin’s dominance around 62.7%. It touched a high around $385 billion last week. Nevertheless, the volatility and the increasing dominance of Bitcoin has left the altcoins in the shadows.
Also Read: Bitcoin Price Analysis: BTC Flirts With the 50% Fib Level at Under $12,000.
While Bitcoin [BTC] continued to test a break out about $12,000, the altcoin sentiments are at an all-time low as holders look for a reversal.
Ethereum [ETH], Litecoin [LTC], Bitcoin Cash [BCH]
While Ethereum [ETH] broke below it’s $300 psychological support levels. Litecoin [LTC] has been looking to establish support above $120. Moreover, it is also influenced by the upcoming halving next month.
ETH/USD 4-Hour Chart on Bitstamp (TradingView)
The price of Bitcoin Cash [BCH] at 4: 00 hours UTC on 5th July 2019 is $401. It is trading 3.52% lower on a daily scale.
XRP, EOS, Binance [BNB] Coin
XRP and Stellar [XLM] both broke below their psychological support levels near $0.4 and 0.1 respectively. Moreover, with respect to Bitcoin, the situation is even grimmer. The price of XRP at 4: 00 hours UTC on 5th July 2019 is 0.382.
XRP/USD 4-Hour Chart on Bitstamp (TradingView)
EOS traded around the $5.75 range, while Binance [BNB] seem to maintain its price above $31. Another Exchange backed token LEO UNUS LED stood out in the sea of red. It traded 2.55% higher on a daily scale at $1.75.
The Total Market Capitalization of Altcoins (CoinMarketCap)
Many altcoins which seemed to revive in March-April 2019 during this year, have been outpaced by Bitcoin since it began ascending above $5000 to reach a high of $13880 in less than 60 days. Moreover, the price has been considered stable with respect to the dollar, but altcoins continue to lose BTC.
While Bitcoin continues to grow as a store of value during tumultuous economic conditions, the rising digitization drive could benefit the cryptocurrency based platforms in the long run. However, the central banks and regulatory authorities are now keeping a close tab on these projects to restrict money laundering and false marketing.
Do you think that altcoin season will be back? Please share your views with us. 
The post Bitcoin [BTC] breaks 7% Lower on 4th July; Alts ETH, LTC, XRP, and EOS Test Support appeared first on Coingape.
Source: CoinGape

Bitcoin, Crypto Market Signaling More Upsides: BCH, BNB, LTC, TRX Analysis

The total crypto market cap climbed further higher and broke the $310.0B resistance area.
Bitcoin price extended its upward move and climbed towards the key $12,000 resistance.
Binance coin (BNB) price is currently trading with a positive bias above the $32.50 support.
Litecoin (LTC) price is struggling to move above the $122 and $124 resistance levels.
BCH price tested the $415 resistance and it may rise towards the $425 resistance area.
Tron (TRX) price is currently consolidating losses above the $0.0320 support area.

The crypto market cap and bitcoin (BTC) are climbing steadily. Ethereum (ETH), BNB, litecoin, ripple, BCH, TRX, XLM and EOS could also gain momentum in the near term.
Bitcoin Cash Price Analysis
After settling above the $400 pivot level, there was a steady rise in bitcoin cash price against the US Dollar. The BCH/USD pair broke the $410 resistance level and recently tested the $415 resistance level. The current price action is positive and it seems like there could be more gains towards $425 in the near term.
If the price breaks the $425 resistance, it will most likely open the doors for a test of the $450 resistance. On the downside, the main supports are near $405 and $400.
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis
Binance coin (BNB) price remained in a positive zone above the $32.00 support level. BNB price is currently consolidating above the $32.50 support and it seems to be facing a strong resistance near $32.85 and $33.00, above which it could climb towards the $34.00 level.
Litecoin price is facing an uphill task and it seems to be struggling to stay above the $120 support area. On the upside, there are important resistances near $122 and $124, above which LTC price could start a decent recovery.
Tron price managed to stay above the $0.0320 support area and it is currently trading in a range near the $0.0325 level. TRX price must surpass the $0.0332 resistance level to move back in a positive zone.

Looking at the total cryptocurrency market cap hourly chart, there solid rise from the $270.0B support area. The market cap broke the key $300.0B and $310.0B resistance levels to move back in a positive zone. There was a clear break above the $320.0B level and the 76.4% Fib retracement level of the last slide from the $336.0B high to $272.0B swing low. Therefore, there are chances of more upsides towards the $335.0B and $340.0B levels. As long as there is no close below $300.0B, there could be more gains in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins in the near term.
The post Bitcoin, Crypto Market Signaling More Upsides: BCH, BNB, LTC, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto Market Up $20 Billion Post Bitcoin Rally: BCH, LTC, EOS, ADA Analysis

The total crypto market cap found support near the $270.0B level and recently recovered.
Bitcoin price rallied more than 8% and recovered above the $11,000 resistance area.
Litecoin (LTC) price is currently above $120, but facing resistances near $122 and $124.
BCH price is stable above the $400 level and it is slowly moving towards the $420 resistance.
EOS price is likely to trade above the key $6.000 resistance area in the near term.
Cardano (ADA) price is currently consolidating above the $0.0820 support area.

The crypto market cap recovered from $270.0B, with strong gains in bitcoin (BTC) and Ethereum (ETH). Altcoins such as ripple, litecoin, BCH, EOS, tron (TRX), and ADA are slowly correcting losses.
Bitcoin Cash Price Analysis
In the past two days, bitcoin cash price managed to hold losses and recently settled above the $400 level against the US Dollar. The BCH/USD pair is currently correcting higher and it recently broke the $410 level. However, there are many resistances on the upside near the $415, $418 and $420 levels.
On the downside, the main support is near the $400 level, below which the price could move back into a bearish zone. The next supports are near $390 and $382.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price failed to stay above the main $130 support level and it even spiked below the $120 support. LTC price is back above the $120 level and it is currently consolidating losses. An immediate resistance is near the $122 level, above which it could struggle to clear the $124 or $125 level.
EOS price stayed above the $5.500 and $5.600 support levels. It recovered above the $5.800 level and it is currently making an attempt to surpass the key $6.000 barrier. The next major hurdles for the bulls are near $6.100 and $6.150.
Cardano price declined heavily and settled below the $0.0850 support level. ADA price is currently consolidating above the $0.0820 support area and it is currently correcting higher. An initial resistance is near $0.0832, followed by $0.0840. The key resistance could be near the $0.0850 level.

Looking at the total cryptocurrency market cap hourly chart, there was a major decline below the $300.0B support area. However, the $272.0B and $270.0B levels acted as strong supports. The market cap start a strong recovery and climbed back above the $285.0B and $290.0B resistance levels. It even broke the $300.0B barrier and it seems to be facing hurdles near the $310.0B level. If there is an upside break above the $310.0B resistance, there could be a decent upward move in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and other altcoins.
The post Crypto Market Up $20 Billion Post Bitcoin Rally: BCH, LTC, EOS, ADA Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com