Bitcoin And Crypto Market Cap Facing Hurdles: BCH, Litecoin, TRX, XLM Analysis

The total crypto market cap corrected a few points, but it faced a strong resistance near $215.0B.
Bitcoin price is also correcting higher, but it is likely to struggle to clear the $8,200 resistance.
Litecoin (LTC) price is now facing resistance near the $55.50 and $56.50 levels.
BCH price is holding the main $215 support area and it is currently rebounding.
Tron (TRX) price is climbing higher and it is now placed nicely above the $0.0150 level.
Stellar (XLM) price is up more than 2% and it is moving towards the $0.0650 resistance.

The crypto market cap and bitcoin (BTC) are facing many hurdles on the upside. Ethereum (ETH), litecoin (LTC), ripple, BCH, tron (TRX), stellar (XLM) and other altcoins could struggle to climb higher.
Bitcoin Cash Price Analysis
BCH price corrected lower recently and tested the $215 support area against the US Dollar. The price is currently moving higher and is trading near the $220 level. On the upside, there is a major resistance near the $230 level, above which the price could recover towards the $240 level in the near term.
On the downside, if there is a bearish break below the $215 support, the price could decline towards the $205 and $200 support levels.
Litecoin (LTC), Tron (TRX) and Stellar (XLM) Price Analysis
Litecoin price managed to stay above the $51.50 and $50.00 support levels. LTC price is currently recovering and is trading above the $54.00 level. However, there are a few key hurdles near the $55.50 and $56.00 levels, above which the price could revisit the main $60.00 resistance area.
Tron price declined recently and tested the $0.0145 support area. TRX price remained well bid and recently started a nice upward move above the $0.0150 resistance area. The price is up more than 3% and it could continue to rise towards the $0.0155 resistance level in the near term.
Stellar price also declined recently and tested the $0.0600 support area. XLM price is now climbing higher and is trading above the $0.0625 resistance area. However, there is a major resistance near $0.0650, above which the price could continue to rise towards $0.0682 and $0.0695.

Looking at the total cryptocurrency market cap 4-hours chart, there was a decent recovery from the $205.0B support area. However, the market cap struggled to clear a key resistance near the $215.0B level and the 100 SMA. Moreover, there is a connecting bearish trend line forming with resistance near $215.0B. Therefore, a clear break above the $215.0B resistance is needed for a nice rally in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, BNB, TRX, ADA, XMR, and other altcoins in the coming sessions.
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Crypto Market And Bitcoin Could Rise Steadily: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is showing positive signs above the $210.0B support area.
Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term.
Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area.
Bitcoin cash price is slowly rising towards the $235 resistance area.
EOS price seems to be consolidating gains above the $3.050 and $3.000 support levels.
Stellar (XLM) price is up more than 5% and it recently broke the $0.0650 resistance area.

Bitcoin (BTC) and the crypto market cap are likely to rise steadily in the near term. Ethereum (ETH), LTC, ripple, bitcoin cash, EOS, TRX, and stellar are showing positive signs.
Bitcoin Cash Price Analysis
Recently, there was a minor downside correction in BCH price below the $225 level against the US Dollar. However, the BCH/USD pair remained well supported near the $215 level. The price is currently climbing higher and is trading nicely above the $225 level.
On the upside, there are two important resistances near $235 and $240, above which the price is likely to accelerate gains towards the $250 and $265 resistance levels.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price failed to gain momentum above the $58.00 and $60.00 resistance levels. However, LTC price is holding the $55.50 support area and it is currently trading in a range. Overall, it must surpass the key $60.00 resistance level to start a strong rise in the coming sessions.
EOS price settled above the $3.050 support area and it is trading in a range. On the upside, the main hurdle is near the $3.250 and $3.300 levels. A successful break above the $3.3000 resistance area might start an increase towards the next hurdle near the $3.500 level.
Stellar price is performing nicely above the $0.0600 pivot level. XLM price is up more than 5% today and it broke the $0.0620 and $0.0650 resistance levels. The next resistance is near the $0.0675, above which the price could revisit the $0.0695 and $0.0700 levels.

Looking at the total cryptocurrency market cap 4-hours chart, there is a strong resistance forming near the $220.0B and $225.0B levels. If there is a successful close above $225.0B, the market cap could start a decent rise towards the $250.0B and $260.0B resistance levels. On the downside, an immediate support is near the $210.0B level, below which it could revisit $200.0B. Only a close below $200.0B may perhaps decrease chances of a decent increase. Overall, there are chances of a decent increase in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins in the near term.
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Crypto Market And Bitcoin Struggle Continues: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is facing a strong resistance near the $218.0B and $220.0B levels.
Bitcoin price failed to gain momentum above $8,300 and recently declined below $8,200.
Litecoin (LTC) price is still trading well below the main $60.00 resistance area.
Bitcoin cash price is currently correcting gains and it could test the $220.00 support.
EOS price failed to surpass the $3.250 resistance and is currently declining towards $3.050.
Stellar (XLM) price is currently consolidating gains above the $0.0600 support area.

Bitcoin (BTC) and the crypto market cap are struggling to gain bullish momentum. Ethereum (ETH), LTC, ripple, bitcoin cash, EOS, TRX, and stellar are currently correcting gains.
Bitcoin Cash Price Analysis
After a decent upward move, BCH price faced resistance near the $235 and $240 levels against the US Dollar. The BCH/USD pair is currently correcting lower towards the $225 level. It seems like the price could test the $220 support area in the near term.
The main supports on the downside are near the $205 level. On the upside, a clear break above $240 is needed for more gains towards the $250 and $265 levels.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price recovered above the $55.00 and $56.50 resistance levels. However, LTC price struggled to gain momentum above $58.50 and remained well below the key $60.00 resistance area. The price is currently correcting lower and it may perhaps test the $55.00 support area.
EOS price climbed higher recently and tested the $3.250 resistance area, where sellers appeared. The price is currently correcting lower and is trading below the $3.200 level. If there are more downsides, the price could test the $3.050 support area in the near term.
Stellar price climbed higher positively above the $0.0620 level. However, XLM price failed to gain momentum above the $0.0630 level and recently started a downside correction. It seems like the price could test $0.0600 or $0.0595 before starting a fresh increase.

Looking at the total cryptocurrency market cap 4-hours chart, there was a decent upward move above $210.0B. However, the market cap faced a strong resistance near the $218.0B and $220.0B levels. Moreover, the 100 SMA also acted as a crucial resistance. The market cap is currently correcting lower and it could test the $205.0B support area. The main support on the downside is near the $200.0B level, below which there could be a sharp decline in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins. Conversely, a clear break above the $220.0B resistance and close above the 100 SMA is needed for an upside acceleration in the near term.
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