Bitcoin & Crypto Market Cap Rising: LTC, BNB, BCH, TRX Analysis

The total crypto market cap broke a major resistance area near the $272.0B level.
Bitcoin price jumped more than 5% and broke the $10,600 resistance area.
Binance coin (BNB) price recovered above $28.00, but it struggled to surpass the $29.00 resistance.
Litecoin (LTC) price is still trading well below the $80.00 resistance area.
BCH price extended gains and traded above the $320 resistance level.
Tron (TRX) price struggled to climb above the $0.0180 resistance area.

The crypto market cap and bitcoin (BTC) are showing positive signs. Ethereum (ETH), litecoin, ripple, BCH, TRX, XLM, BNB and EOS might climb higher in the short term.
Bitcoin Cash Price Analysis
BCH price started a decent recovery from the $300 support area against the US Dollar. The BCH/USD pair climbed above the $315 level and recently surpassed the $320 resistance level. An immediate resistance is near the $330 level, but the main resistance is near the $340 level.
Conversely, if there is a fresh decline, the price might test the $310 level. The main support is near the $300 level, below which the price might turn bearish in the near term.
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis
Binance coin (BNB) price remained well bid above the $27.00 level and recently recovered higher. BNB price broke the $28.00 resistance, but it seems like it is facing a strong resistance near the $29.00 level. The price is currently correcting lower and it might test the $28.00 support area.
Litecoin price is trading in a bearish zone below the $82.00 and $80.00 resistance levels. LTC price is currently consolidating above the $76.00 support, below which it could revisit the $72.00 support level. The next key support is near the $70.00 level.
Tron price recovered recently above the $0.0175 level, but it failed to post gains above the $0.0180 resistance level. TRX price is currently moving lower towards the $0.0170 support level. If there are more downsides, the price could decline towards the $0.0165 level in coming sessions.

Looking at the total cryptocurrency market cap 4-hours chart, there was a steady rise above the $265.0B resistance levels. More importantly, the market cap climbed above a crucial resistance near $272.0B and a connecting bearish trend line on the same chart. It opened the doors for more upsides, with an immediate resistance near the $280.0B and $285.0B levels. The next major resistance area is near the $300.0B level. If there is a downside correction, the $272.0B and $270.0B levels might provide support. Moreover, the broken trend line at $265.0B could also act as a support. Therefore, dips remain supported in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins in the near term.
The post Bitcoin & Crypto Market Cap Rising: LTC, BNB, BCH, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto Market Cap & Bitcoin Extending Losses: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap declined further and broke the $280.0B support area.
Bitcoin price is down more than 6% and it recently traded below the $10,800 support.
Litecoin (LTC) price is holding the key $85.00 support area and is trading in a range.
BCH price performed nicely and jumped more than 5% to break the $340 resistance.
Tron (TRX) price is grinding lower towards the $0.0200 support level.
Cardano (ADA) price is currently recovering above the $0.0525 resistance level.

The crypto market cap and bitcoin (BTC) are extending losses below key supports. Ethereum (ETH), LTC, BCH, EOS, cardano, ripple, TRX, XLM and BNB might correct higher.
Bitcoin Cash Price Analysis
Bitcoin cash price found support near the $330 level against the US Dollar. The BCH/USD pair started a fresh increase and broke the key $340 resistance level. The price is now trading near the $350 resistance and is already up more than 5% today.
If there are more gains, the price could test the $360 resistance level in the near term. On the downside, the previous resistance near the $340 level may now act as a decent support.
Cardano (ADA), Litecoin (LTC) and Tron (TRX) Price Analysis
Litecoin price started a downside correction below the $92.00 and $90.00 support levels. LTC price is now trading near the key $85.00 support level and is consolidating in a range. It seems like the price is preparing for a nice upward move above the $90.00 resistance level. Conversely, a downside break below the $85.00 support may push the price towards the $80.00 support.
Tron price is still in a bearish zone below the $0.0215 and $0.0220 resistance levels. TRX price is trading well below $0.0210 and it seems like there could be another downside break below the $0.0200 support level. The next key support is near the $0.0192 level.
Cardano price tested the $0.0510-0.0515 support area and it is currently correcting higher. ADA price broke the $0.0525 level and it could continue to rise towards the main $0.0550 resistance level. The next key resistance is near the $0.0565 level.

Looking at the total cryptocurrency market cap 4-hours chart, there were further losses below the $300.0B level. The market cap even broke the $285.0B and $280.0B support levels, dragged by bitcoin’s slide. It seems like this week’s followed declining channel is acting as a strong catalyst for the bears. If the channel remains intact, there is a risk of more losses below the $275.0B and $270.0B support levels. More importantly, if bitcoin continues to decline, there is a risk of a sharp drop in Ethereum, EOS, litecoin, ripple, ADA, BCH, TRX, ICX, XLM and other altcoins in the near term.
The post Crypto Market Cap & Bitcoin Extending Losses: BCH, Litecoin, ADA, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto Market and Bitcoin Surging: BCH, EOS, TRX, ADA Analysis

The total crypto market cap climbed higher nicely and surpassed the $280.0B resistance.
Bitcoin price rallied close to 8% and broke the key $11,200 and $11,500 resistance levels.
EOS price is slowly rising towards the $4.400 and $4.500 resistance levels.
BCH price broke the $340 resistance and it could attempt to surpass the $350 resistance.
Tron (TRX) price is still consolidating above the $0.0220 support level.
Cardano (ADA) price is struggling to move higher and it is currently near the $0.0560 level.

Bitcoin price and the crypto market cap are currently gaining bullish momentum. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB could accelerate higher.
Bitcoin Cash Price Analysis
There were positive moves in bitcoin cash price above the $320 and $330 resistance levels against the US Dollar. The BCH/USD pair even broke the $340 resistance level and traded close to the $350 level. If it currently consolidating gains and it might soon make another attempt to surpass the $350 resistance level.
If there is a downside correction, an immediate support is near the $340 level. Any further losses might push the price back towards the $320 support zone in the near term.
EOS, Tron (TRX) and ADA Price Analysis
EOS price remained stable above the $4.100 and $4.200 support levels. However, it is struggling to gain bullish momentum above $4.300 and is slowly rising towards the $4.400 and $4.500 resistance levels. On the downside, the main support is near the $4.200 level.
Tron price is facing an uphill task near the $0.0230 and $0.0232 resistance levels. TRX price is currently consolidating above the $0.0220 level and it might start a decent rise. However, a successful break above the $0.0232 resistance is must for a short term upside correction.
Cardano price remained under pressure and failed to break the $0.0600 resistance area. ADA price is currently trading near $0.0560, with a key support near the $0.0550 level. On the upside, the price is facing many hurdles near the $0.0580 and $0.0600 levels. On the downside, a break below $0.0550 might push the price towards $0.0520.

Looking at the total cryptocurrency market cap 4-hours chart, there was a solid upward move above the $270.0B and $280.0B resistance levels. The market cap even broke the $290.0B resistance level and almost tested the $300.0B resistance level. If there are more upsides, the next stop could be near the $315.0B level. On the downside, there are many supports forming near the $288.0B and $285.0B levels. The main support area is near the $280.0B level (the previous resistance). Therefore, dips remain supported in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins in the near term.
The post Crypto Market and Bitcoin Surging: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Cardano’s Development on Track, ADA Revival Could See Prices Rally to 10 Cents

Cardano (ADA) prices are oscillating below 10 cents
Shelly is the Reward Era. Cardano is right on track, building towards Voltaire

Shifting from Byron to Shelly, Cardano is firm on their roadmap. Promising to be efficient, the migration of blockchain projects from competing platforms to Cardano will draw demand for ADA. In that case, ADA will likely print higher above 10 cents.
Cardano Price Analysis
Fundamentals
Blockchain is said to be the base of the next revolution. Complementing other developments as machine learning and artificial intelligence, it will mastermind the era of decentralization.
Piquing interest from different players, blockchain, as an equalizing technology, is the focal point of venture capitalist and enterprising retail investors. Of the many projects in existence, Cardano is unique.
In development, the platform prioritizes research and peer review. Upon rollout, Hoskinson, who is also an influential figure in the Ethereum Classic development arena, said Cardano will be 100 times more decentralized than Bitcoin.
Achieving this feat, Cardano will be distinctively energy-efficient but community-driven. Working towards this goal, Cardano is now at the Reward Era, following their shift from the Bootstrap Era, that is, Byron.
The Shelly Phase, or the Reward Era, is a vital stage as far as Cardano development is concerned. Migrating from federate nodes to a more decentralized style where network participants can not only stake but run nodes, Cardano would truly adhere to blockchain principles.
Candlestick Arrangements

With decentralization, there are higher chances of ADA listing at Coinbase. Benefiting from the “Coinbase Effect,” prices will likely correct higher. Presently, ADA is relatively stable and oscillating at 6 cents, a critical resistance level.
Imperative, as laid out in previous ADA/USD trade plans, bulls must build enough momentum required for a break above 6 cents. That will not only be a hint of demand and a probable trend continuation, but it would be a morale boost for ADA investors mauled by bears of July.
An uphill task, the stability of prices following last week’s slowdown is bullish. Besides, the fact that this reaction is from the 61.8 percent Fibonacci retracement level from H1 2019 trade range is indicative.
Therefore, while there is a possibility that ADA will edge higher, traders should be cautiously optimistic. Defining bull signals will print once prices conclusively close above 6 cents at the back of high trading volumes.
However, aggressive traders can, nonetheless, load up ADA on every dip with stop limits at 4.8 cents. Targets will be at 10 cents.
Technical Indicators
As a result, the June 26 bull bar is leading this trade plan. Since June highs and 6 cents are significant resistance levels, any break out above these lines should ideally be with high trading volumes surpassing 603 million of June 26.
Chart courtesy of Trading View. Image Courtesy of Shutterstock
The post Cardano’s Development on Track, ADA Revival Could See Prices Rally to 10 Cents appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bitcoin & Crypto Market Accelerating South: LTC, BNB, BCH, TRX Analysis

The total crypto market cap extended losses and broke the $260.0B support area.
Bitcoin price is down more than 6% and it recently broke the $10,000 and $9,800 supports.
Binance coin (BNB) price declined around 8% and it is back below the $30.00 support area.
Litecoin (LTC) price failed to hold the $90.00 support level and declined heavily.
BCH price declined nearly 10% and broke the key $300 and $290 support levels.
Tron (TRX) price trimmed all its recent gains and declined below the $0.0250 support.

The crypto market cap and bitcoin (BTC) are accelerating lower. Ethereum (ETH), BNB, litecoin, ripple, BCH, TRX, XLM and EOS are also showing a lot of bearish signs.
Bitcoin Cash Price Analysis
After a failed attempt near the $320 level, BCH price extended its decline against the US Dollar. The BCH/USD pair broke the key $300 and $290 support levels to move back in a bearish zone. The price is down nearly 10% and it is trading close to $275.
An immediate support is near the $270 level, below which there is a risk of more losses below the $260 support level in the near term. On the upside, the recent support near $300 is now likely to prevent gains in the near term.
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis
Binance coin (BNB) price failed to accelerate above the $32.00 resistance and started a fresh decline. BNB price broke the $30.50 and $30.00 support levels to enter a bearish zone. Moreover, there was a break below the $29.20 support and the price seems to be approaching the $28.00 support area.
Litecoin price failed to surpass the $95.00 resistance and recently declined below $92.00. LTC price even broke the $90.00 support and entered a bearish zone. The price is down around 6% and it seems like it may soon test the $85.00 support level.
Tron price failed to continue above the $0.0300 resistance and started a sharp decline. TRX price is down around 15% and it broke the $0.0262 and $0.0250 support levels. If there are more losses, the price may revisit the $0.0215 support level.

Looking at the total cryptocurrency market cap 4-hours chart, there was a steady decline from well above the $300.0B level. The market cap broke the $280.0B support level to move into a negative zone. Recently, there was a break below the $260.0B support, opening the doors for more losses in the near term. It seems like there could be a downside extension towards the $240.0B support level in the near term. Therefore, there are chances of more downsides in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins in the coming sessions.
The post Bitcoin & Crypto Market Accelerating South: LTC, BNB, BCH, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis

The total crypto market cap failed to break the $290.0B resistance and recently declined below $275.0B.
Bitcoin price is down around 3% and it recently broke the $10,500 support area.
EOS price is down 5% after it failed to gain strength above the $4.400 resistance area.
BCH price failed to hold the $320 support and traded towards the $310 level.
Tron (TRX) price declined sharply by around 10% and broke the key $0.0280 support.
Cardano (ADA) price remains in a bearish zone below the $0.0650 support area.

Bitcoin price and the crypto market cap are currently showing bearish signs. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB are likely to extend losses in the short term.
Bitcoin Cash Price Analysis
Recently, bitcoin cash price recovered above the $320 resistance against the US Dollar. The BCH/USD pair even tested the $340 level, but it struggled to continue higher. As a result, there was a downside correction and the price recently broke the $320 support level.
At the moment, the price is trading near the $310 level and it might soon test the $300 support level. If there are more losses, the price could even revisit the key $285 support level in the near term.
EOS, Tron (TRX) and ADA Price Analysis
EOS price failed to gains strength above the $4.400 resistance levels and recently trimmed gains. It broke the $4.250 and $4.200 support levels and is currently trading just above the $4.100 level. The main support is near $4.000, below which the price could accelerate losses in the near term.
Tron price was rejected above the $0.0300 and it recently started a sharp downward move. TRX price is down more than 10% and it broke the $0.0280 support level. An immediate support is near $0.0262, below which it could test the $0.0250 support level.
Cardano price is trading in a bearish zone below the $0.0650 pivot level. ADA price declined below the $0.0620 and $0.0600 support levels and it seems like it could continue to decline towards the $0.0575 level.

Looking at the total cryptocurrency market cap 4-hours chart, there was a rejection pattern formed near the $290.0B resistance level. The market cap declined recently and broke the $280.0B support level. It even broke the $275.0B support level and a connecting bullish trend line on the same chart. Therefore, there are chances of more losses towards the $260.0B or $250.0B support. On the upside, the broken support near $280.0B might act as a solid resistance. Overall, upsides in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins are likely to face hurdles in the near term.
The post Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bitcoin And Crypto Market Approaching Next Break: BCH, XLM, EOS, TRX Analysis

The total crypto market cap is currently trading in a range below the $290.0B resistance.
Bitcoin price is also consolidating above the $10,500 support and is preparing for the next move.
BCH price broke the $320 resistance, but it is struggling to gain momentum.
EOS price is up around 2% and it recently traded above the $4.100 and $4.200 resistances
Stellar (XLM) price is slowly moving higher towards the $0.0950 and $0.1000 resistance levels.
Tron (TRX) price is likely to continue higher and it might soon break the $0.0300 resistance area.

The crypto market cap and bitcoin (BTC) are preparing for the next break. Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, ripple, and tron (TRX) are currently showing positive signs.
Bitcoin Cash Price Analysis
After struggling for a few sessions, bitcoin cash price successfully broke the $300 resistance against the US Dollar. The BCH/USD pair even broke the key $320 resistance level and it is currently consolidating gains. An immediate resistance is near the $328 and $330 levels.
If there is an upside break above $330, the price could accelerate higher towards the $350 level. On the downside, an immediate support is at $320, below which it could revisit the $305 support area.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS price started a solid recovery after forming a support base above $3.600. The price broke the key $4.000 resistance level to move into a positive zone. Moreover, the price broke the $4.200 resistance and it might continue to rise towards the $4.400 and $4.500 resistance levels.
Stellar price slowly recovered above the $0.0850 resistance level. XLM price even broke the $0.0900 resistance level and it is currently consolidating. It seems like the price could rise towards the $0.0980 and $0.1000 resistance levels in the coming sessions. On the downside, the key supports are $0.0900 and $0.0880.
Tron price is showing a lot of positive signs above the $0.0250 and $0.0280 resistance levels. TRX price is about to break the $0.0300 resistance level and it might continue to rise. The next major resistance is near $0.0320, above which it could test the $0.0350 resistance.

Looking at the total cryptocurrency market cap 4-hours chart, there was an upside extension above the $280.0B resistance level. However, the market cap struggled near the $290.0B level and remained below the 100 SMA. At the moment, the market cap is consolidating in a range, with resistance near $290.0B and support at $272.0B. If there is a downside break below $272.0B and $270.0B, there could be more losses towards $250.0B. On the upside, a close above $290.0B might spark sharp gains in bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, BNB, WAN, WTC, ICX, and other altcoins in the near term.
The post Bitcoin And Crypto Market Approaching Next Break: BCH, XLM, EOS, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

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.
The post Crypto Market and Bitcoin Could Continue Higher: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

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.
The post Bitcoin & Crypto Market Near Key Juncture: LTC, BNB, BCH, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Cardano Investors Sell Amid Bitcoin Drop, ADA Down 32%

Cardano (ADA) sheds 32.7 percent week-to-date
Emurgo releases Yoroi update

There’s a new Yoroi wallet update introducing further improvements like the hide balance option. However, that is not enough to support ADA as prices are down 32.7 percent.
Cardano Price Analysis
Fundamentals
Research and peer-reviewing of code underpin Cardano. Promising to dislodge Ethereum as the king of smart contracting, the Cardano development team is after perfecting their system.
Delaying in phase transition, their leaning on quality and satisfactory experimentation is top priority. Presently, Shelly test net is live. While developers nitpick code, searching for vulnerabilities, the transition from centralization to decentralization is exciting for ADA supporters.
If anything, this phase shift is critical as it could set the ground for a possible listing at Coinbase. Should that be the case, then surely, the native coin, ADA, may benefit from the famed but fading “Coinbase Effect.”
Then again, there is Yoroi’s update. Aside from guaranteed security, since it is running from a sandbox with APIs to Fasttrack developments, the new upgrade introduces several enhancements to the web wallet. Some of them include:

Ability to add Cardano payment URLs.
A hide balance option
New warning message if the connection to our server fails
Indonesian language

EMURGO is happy to report that Yoroi 1.8 has been released for Chrome and Firefox users (automatically updates). @YoroiWallet is a digital light wallet to store #Cardano ($ADA). Read about the new features and download using the link below. https://t.co/69w58umNmH
— EMURGO (@emurgo_io) July 11, 2019

Candlestick Arrangements

Bullish in the long run, bears are merciless. In two short weeks, ADA is down 32.7 percent in the last week along. Trading within a bullish breakout pattern, buyers have a chance at least in the medium term.
For now, bears are in a pole position following the breach and close below the main support line at 6 cents. Note that the move is in response to the over-extension of the week ending April 7 and confirmation of sell pressure of the better part of 2018.
In that case, like most digital assets, every high is technically a selling opportunity with an awareness that ADA, if BTC continues to drop, could register new lows in a bear trend continuation phase.
However, that is subject primarily to the strength of breakouts driving prices below 3.5 cents and later Dec 2018 lows.
Technical Indicators
As aforementioned, a better gauge for sellers depend on participation in upcoming weeks. If there is a spike, surpassing those of the week ending June 30 at 2 billion, odds are bears of 2018 will flow back. As a result, ADA will likely close below 3 cents, more than halving from June 2019 peaks.
Chart courtesy of Trading View. Image Courtesy of Shutterstock
The post Cardano Investors Sell Amid Bitcoin Drop, ADA Down 32% appeared first on NewsBTC.
Source: New feedNewsBTC.com

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.
The post Crypto Market And Bitcoin Facing Many Hurdles: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

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.
The post Crypto Market and Bitcoin Signaling More Downsides: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Last Month in Crypto: June’s Major Statistics

Coinspeaker
Last Month in Crypto: June’s Major Statistics
Learn how the top crypto markets changed in the latest CORindex report, which covers key metrics like average rate, volatility, transaction volume, and other stats any serious cryptocurrency investor will want to familiarize themselves with.
Last Month in Crypto: June’s Major Statistics

Continue reading at Coinspeaker
Source: CoinSpeaker

Cardano (ADA) Loses Steam Amid Broader Crypto Slowdown

Cardano (ADA) down 17.7 percent week-to-date. 
AlgoZ and Cardano partner for liquidity

Charles Hoskinson’s Cardano is distinct because of their insistence on quality and research. Therefore, despite recent sell-off, their deal with AlgoZ could attract institutional backing. Meanwhile, ADA is down 17.7 percent week-to-date.
Cardano Price Analysis
Fundamentals
That Cardano has potential as a top-tier digital asset and smart contracting platform is true. Boasting high trading volumes and managing to compete with the likes of Ethereum and Tron in the liquidity leaderboard, ADA is proving that it deserves to be watched.
Presently, Cardano’s value proposition stems from its position as an alternative smart contracting platform, which is rather research driven. Behind this decision is the creators’ view of building a reliable network that is transparent, scalable, and whose products are verifiable.
Although hampered by delays in development, the fact that Cardano continues developing, despite last year’s chilly winter, is a mark of stability. In 2018, many projects folded because of dropping asset prices and general price-dwindling induced apathy. However, with changing fortunes, this space is once again sparkling.
Additionally, the test of Shelly not only prepares Cardano for complete decentralization, but for dominance of the cryptocurrency market too. Through a new partnership, Cardano will leverage AlgoZ’s trading algorithm and knowledge base for liquidity purposes.
Already, exchanges and several cryptocurrency projects spread across five continents make use of AlgoZ solutions. Announcing via LinkedIn:
“Our collaboration with Cardano, one of the most inspiring projects in the crypto-asset scene, is expected to increase the liquidity of the token and its accessibility.”
Candlestick Arrangements

At the time of writing, ADA is down 17.7 percent from last week’s close. Even though buyers stand a chance, massive liquidation of this week is slowing down bulls.
Predominantly ranging, it is imperative that buyers find support at 6 cents. The level is an important support line, and if bears press lower, breaching June and May and June lows, ADA prices may tumble.
Note that if ADA closes below 6 cents, prices may drop to 3.5 cents or the all-time lows of 2.5 cents in a bear trend continuation. Conversely, any resurgence driving ADA past 9.5 cents confirming Mar 2019 bulls could be the impetus for 12 cents and beyond.
Technical Indicators
From above, June 26 candlestick leads. As a doji, any close above 9.5 cents ought to be with high trading volumes. Preferably this should exceed 603 million as it would cement buyers. On the flip side, losses below 6 cents with equally high participation may catalyze a sell-off with targets at 3.5 cents.
Chart courtesy of Trading View. Image Courtesy of Shutterstock
The post Cardano (ADA) Loses Steam Amid Broader Crypto Slowdown appeared first on NewsBTC.
Source: New feedNewsBTC.com

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.
The post Crypto Market Cap & Bitcoin Down 10%: BCH, Litecoin, ADA, TRX Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com