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

The total crypto market cap is struggling to stay above the $225.0B support area.
Bitcoin price is down around 3% and it is trading well below the $9,000 level.
Litecoin (LTC) price is declining, but it is still trading above the $60.00 support area.
BCH price failed to surpass the $300 resistance and is correcting lower towards $285.
Tron (TRX) price is slowly declining towards the $0.0185 support area.
Cardano (ADA) price is trading in a range above the $0.0420 support area.

Bitcoin (BTC) and the crypto market cap are currently under pressure. Ethereum (ETH), LTC, BCH, EOS, cardano, ripple, TRX, XLM and BNB might extend losses.
Bitcoin Cash Price Analysis
Bitcoin cash price made a few attempts to climb above the $300 resistance area against the US Dollar. However, the BCH/USD pair failed to gain momentum above $300 and recently started a fresh decline. It is currently trading below $292 and it seems to be approaching the $285 support area.
If there is a downside break below the $285 and $280 support levels, the price could extend its decline towards the $265 support. On the upside, the $295 and $300 levels are decent hurdles for the bulls.
Cardano (ADA), Litecoin (LTC) and Tron (TRX) Price Analysis
Litecoin price is facing a strong resistance near the $64.50 and $65.00 levels. On the downside, there are many key supports near the $61.00 and $60.00 levels. Therefore, a downside break below $60.00 could start a major decline in the coming sessions.
Tron price is struggling to clear a major resistance near the $0.0200 level. TRX price is currently declining and is slowly moving towards the $0.0185 support. On the upside, the $0.0200 and $0.0205 are important hurdles, above which the price could revisit $0.0220.
Cardano price is currently consolidating above the $0.0420 support area. On the upside, the $0.0445 and $0.0450 levels are strong resistances. A successful close above $0.0450 is needed for a decent upward move. If not, the price might decline below the $0.0420 support area.
Crypto Market Cap
Looking at the total cryptocurrency market cap 4-hours chart, there was a downward move from the $240.0B and $242.0B resistance levels. The market cap declined below the $235.0B and $230.0B support levels. At the moment, it seems like the market cap is struggling to recover and also finding hard to hold the $225.0B support.
Therefore, there is a risk of more downsides in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, TRX, ICX, XLM and other altcoins in the near term. Conversely, a break above the $235.0B and $240.0B resistance levels is needed for a decent rise in the coming sessions.
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Bitcoin And Crypto Market Facing Hurdles: BCH, Tron, XLM, ADA Analysis

The total crypto market cap is currently correcting higher towards the $240.0B resistance.
Stellar (XLM) price is performing nicely and it is up more than 5% above the $0.0750 resistance.
Bitcoin cash price is likely to break the $300 resistance area in the near term.
Tron (TRX) price is facing hurdles near the key $0.0200 resistance area.
Cardano (ADA) price is consolidating below the key $0.0450 and $0.0465 resistance levels.

The crypto market cap and bitcoin (BTC) are correcting higher. Ethereum, BCH, ripple, stellar (XLM), EOS, TRX, and cardano (ADA) are trading near key resistances.
Bitcoin Cash Price Analysis
After a downside correction, BCH price found support near the $285 area against the US Dollar. As a result, the price started a fresh increase and traded above the $295 level. On the upside, an immediate resistance is near the $300 level, above which the price is likely to struggle near the $308 level.
On the downside, an initial support is near the $290 level. However, the main supports are near the $285 and $280 levels, below which the price could retest $265.
Stellar (XLM), Tron (TRX) and ADA Price Analysis
Stellar price is still following a bullish path above the $0.0700 support area. XLM price is up more than 5% today and it is trading nicely above the $0.0750 level. On the upside, an immediate resistance is near the $0.0795 and $0.0800 levels, above which the price could trade towards the $0.0820 level.
Tron price is currently consolidating below the $0.0200 resistance area. TRX price is likely to clear the $0.0200 resistance area and trade towards the $0.0212 and $0.0220 resistances. Conversely, it could retest the $0.0180 support area in the near term.
Cardano price is currently trading in a range above the $0.0420 support level. ADA price is facing a strong resistance near the $0.0450 level. If there is a clear break above the $0.0450 and $0.0465 resistance levels, the price could continue to rise towards the $0.0500 resistance area.
Looking at the total cryptocurrency market cap 4-hours chart, there was a decent recovery from the $225.0B support area. The market cap climbed back above the $232.0B level. However, it is facing a lot of hurdles near the $240.0B level. The main hurdle on the upside is near the $250.0B level.
Crypto Market Cap
Moreover, there is a connecting bearish trend line forming with resistance near the $242.0B level. Therefore, an upside break above $242.0B is needed for a decent upward move. If not, there are chances of another decline in bitcoin, Ethereum, EOS, stellar, LTC, ADA, EOS, ripple, TRX and other altcoins in the near term.
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Bitcoin And Crypto Market Cap Eye Next Break: BCH, XLM, EOS, TRX Analysis

The total crypto market cap is currently consolidating in a range above the $232.0B support area.
Bitcoin price is holding the $9,200 support area, but it is also facing hurdles near $9,400.
BCH price is currently correcting lower after it failed to break the $300 resistance.
EOS price is consolidating near $3.500 and it could correct lower towards $3.400.
Stellar (XLM) price is climbing higher once again and it might test the $0.0800 resistance.
Tron (TRX) price is facing a strong resistance near the $0.0200 zone.

Bitcoin (BTC) and the crypto market cap are approaching the next key break. Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, ripple, and tron (TRX) are correcting lower.
Bitcoin Cash Price Analysis
Recently, BCH price climbed higher above the $295 level against the US Dollar. The price tested the $305 resistance area, where it faced a strong selling interest. As a result, the price started a downside correction below the $300 and $295 level.
On the downside, the key support is near the $285 and $280 levels. If there are more downsides, the price could test the $265 support area.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS price struggled near the $3.700 resistance area. As a result, there was a downside correction below the $3.650 level. The price is currently consolidating near $3.500 and it seems like it could correct lower further towards the $3.400 support area. On the upside, the main hurdles are near the $3.650 and $3.700 levels.
Stellar price corrected gains after a sharp rally towards the $0.0880 resistance area. XLM price declined and tested the $0.0700 support area. It is once again moving higher towards the $0.0800 resistance. If there are more upsides, the price may perhaps test the $0.0820 level.
Tron price struggled to stay above the $0.0200 support area and recently corrected lower. TRX price tested the $0.0195 support and it is currently consolidating in a tiny range. If there is an upside break above $0.0200, the price is likely to resume its upward move.
Crypto Market Cap
Looking at the total cryptocurrency market cap 4-hours chart, the $250.0B resistance zone acted as a crucial barrier for more upsides. As a result, the market cap declined and it is now consolidating in a range above the $232.0B support area. If there is a downside break, the market cap could retest the $215.0B support.
Conversely, an upside break above the $250.0B resistance is likely to spark a strong rise in bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, BNB, WAN, WTC, ICX, and other altcoins in the near term.
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Bitcoin And Crypto Market Stuck In Range: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently in a range above the $230.0B support area.
Bitcoin price is currently consolidating above the key $9,000 support area.
EOS price is trading above the $3.200 support area and facing resistance near $3.350.
BCH price is currently correcting lower and it is approaching the $280 support area.
Tron (TRX) price moved below the $0.0200 support area and it could decline towards $0.0185.
Cardano (ADA) price is currently trading in a range above the $0.0400 support area.

Bitcoin and the crypto market cap are currently moving in a range. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB are trading above key supports.
Bitcoin Cash Price Analysis
Recently, BCH price surged above the $285 and $300 resistance levels against the US Dollar. However, the price faced a strong resistance near the $305-310 area. As a result, the price started a downside correction and declined below the $300 level.
The price is currently trading below $290 and it is approaching the $280 support area. On the upside, there are many resistances near the $300 and $305 levels. On the downside, the next key support below $280 is near $265.
EOS, Tron (TRX) and ADA Price Analysis
EOS price failed to gain momentum above the $3.350 and $3.400 resistance levels. The price is currently correcting lower and is trading near the $3.250 level. An initial support is near the $3.200 level. If there is a downside break below the $3.200 support, the price could decline further towards the $3.050 support.
After a strong rally above the $0.0200 resistance, tron price found resistance near the $0.0225 level. TRX price is currently correcting lower and it is trading below the $0.0200 level. The next key support on the downside is near the $0.0185 level, below which the price could test the $0.0180 level.
Cardano price surged above the key $0.0400 and $0.0420 resistance levels. ADA price is currently correcting lower and is trading below the $0.0420 level. If there are more downsides, the price could test the $0.0405 and $0.0400 support levels.
Crypto Market Cap
Looking at the total cryptocurrency market cap 4-hours chart, there was a downside correction after a sharp rally above the $250.0B level. The market cap corrected lower and traded below the $245.0B level. It is currently consolidating above the $232.0B support area. On the downside, there are many supports near the $230.0B and $225.0B levels. There is also a connecting bullish trend line forming with support near $230.0B on the same chart.
Therefore, dips likely remain well supported in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins in the near term.
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Tron (TRX) Surges On Massive Partnership Plug, China’s Latest Crypto Rankings

The news has all been China this weekend and its native crypto assets have been on fire. From bully to hero, Beijing has boosted crypto markets by 25% in just two days. Bitcoin led the rally but a slew of Chinese crypto coins are surging today, and Tron is one of them.
China Crypto Rankings Released
The latest round of Chinese crypto rankings has just been released and it is no surprise that home grown projects are leading the pack. In this, the fourteenth listings update from the CCID Blockchain Research Institute, EOS has remained on the top while Ethereum has dropped a spot.

News out of #China continues…
The Ministry of Industry and Information Technology's CCID has released v14 of #crypto project rankings.
Notable moves (vs. v13):#Ethereum 1#TRON 1#Lisk 7#Qtum 10#Ontology 7#Cosmos 12#GXChain ≥30 () pic.twitter.com/PIPQftIRPk
— Nugget's News (@NuggetsNewsAU) October 28, 2019

The rankings are reportedly derived from technology, application and creativity but there is little else to offer further explanation of what these actually mean.
Tron has moved up a place to second and its price is also on the move today. TRX is one of the market’s top performing altcoins today with a pump of almost 30% to reach $0.021. In BTC terms the Ethereum rivaling token has made 22% in a climb to 220 satoshis.
The move has enabled TRX to regain a top ten spot by flipping Stellar as its market capitalization closes in on $1.4 billion. Its daily volume has also surged and is now almost $2 billion. Crypto trader and analyst Luke Martin observed the breakout.

Technical breakout for $TRX today.
Look forward to seeing @justinsuntron craft up some announcements to take this thing higher towards the 280-300 sat area. pic.twitter.com/jdYxW0XU2s
— Luke Martin (@VentureCoinist) October 28, 2019

Sun has already made one of his magic partnership announcements at the weekend when he tweeted this:

#TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $TRX but all TRC10&20 tokens including $BTT & $WIN etc. It will broadly distribute #TRON Dapps and tokens to billions of customers. TBA. Make a guess?
— Justin Sun (@justinsuntron) October 25, 2019

There has been a lot of Tether movement recently as chain swaps have been going on to the TRC-20 standard. Exchanges Huobi Global, Poloniex and Bitfinex are supporting the Tron protocol now and, according to the Tron Foundation, there has been an estimated $300 million Tether issued TRC-20 tokens in circulation.

The circulation amount of #TRC20– #USDT issued by @Tether_to on #TRON network exceeded 300 million. pic.twitter.com/kM2kSWIKRE
— TRON Foundation (@Tronfoundation) October 23, 2019

Tron is not the only Chinese altcoin performing well today. Bytom is up over 100% in an epic surge and NEO continues to gain as it holds on to $12. NULS, Ontology and GXChain are also performing well with 40%+ gains at the time of writing and VeChain has made 25%.
Binance has noted the number of altcoins gaining double digits at the moment. Pretty much any token with Chinese connections is cranking right now.
China Cryptography Regulation Readied
More bullish news out of China includes the rubber stamping of new cryptography legislation. According to reports from the official Xinhua news agency China’s cryptography law, which takes effect on January 1, is aimed at ‘facilitating the development of the cryptography business and ensuring the security of cyberspace and information’.
The move comes as Beijing readies itself for its own central bank crypto currency as pressure mounts on Facebook’s Libra plans.
Chinese traders have just proved that they can move markets in a big way which makes anything US regulators attempt relatively insignificant. Over $50 billion in fiat has flowed back into crypto assets over the weekend.
Image from Shutterstock
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Chinese Crypto Crank, Has China Just Ignited Another Altseason?

This weekend has been one of the best in recent history in terms of crypto asset performance. Bitcoin’s epic rally to retouch five figures has given its brethren a boost but there appears to be a pattern emerging. Chinese crypto assets are leading the way resulting in speculation that the red dragon may have just ignited another altseason.
Chinese Crypto Bulls Awaken
Most altcoins have remained on the floor this year. A brief move in summer renewed hope that an altseason may be about to begin again but that was quashed when all gains evaporated over the past few months.
Only a tiny handful of altcoins have made serious progress this year, the majority are still over 80% down from their all-time highs.
As Bitcoin got a major boost late last week from the Chinese president, crypto asset markets increased by 25%, or over $50 billion in just a day or two. Many of those low lying altcoins started to surge and Chinese ones were leading the pack as the fomo builds.
Tron has been explosive over the past day with a 30% surge to reach $0.021 or 215 satoshis. Daily volume is almost $2 billion which has push market capitalization up to $1.9 billion. Chinese entrepreneur and project CEO Justin Sun has been a marketing machine and he didn’t miss the opportunity to post that TRX was now a top ten crypto asset again.

Back to TOP 10. #TRON #TRX $TRX $BTT pic.twitter.com/kTMIof3PIT
— Justin Sun (@justinsuntron) October 28, 2019

There has also been a lot of Tether printing recently for chain swaps to the TRC-20 standard which Poloniex, Huobi and Bitfinex are now supporting.
VeChain is another Chinese crypto project and it is no surprise that this token is also surging 30% at the moment. VET has spiked to 44 satoshis in under 24 hours as the fomo intensifies in the People’s Republic. Bytom, another Chinese dominated crypto platform, has pumped over 100% in 24 hours as BTM topped $0.18.
NEO is another solid performer as this ‘Chinese Ethereum’ has cranked 35% on the day. Late last week NEO was trading below $7 and by Monday morning it had topped $12. Daily volume has surged from around $225 million late last week to $1.3 billion at the moment which equals that during the January 2018 peak.
There have been continual updates and development on the blockchain and network but until this weekend NEO has not performed at all. When NEO does perform well, its sibling tokens also get a lift and GAS and Ontology are cranking higher today.
Not So Fast …
Not all are so optimistic however and the Chinese fomo should be taken with caution according to some crypto analysts. Alex Krüger noted that China will not allow public decentralized crypto assets and is all about control;
“Odds of China supporting public blockchains with tradeable tokens that can be used for speculation and moving money out of China bypassing capital controls … are close to zero. China is not interested in decentralization but in control. Private blockchains don’t need tokens.”
This may be the case but it does seem that the China effect has caused more fomo than Bakkt, Libra and any crypto ETF promises combined.
Image from Shutterstock
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TRON DApps continue to grow; climb to 611

The TRON Foundation published its weekly DApp report today, using figures and data gathered by DAppReview. The report states that the number of TRON DApps has continued to increase since last week, reaching a total of 611, with 8 new DApps making their debut. The report also suggests that the average number of active users […]
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Source: AMB Crypto

Crypto Market And Bitcoin Remain In Downtrend: BNB, BCH, LTC, EOS Analysis

The total crypto market cap declined heavily and settled below the $205.0B support area.
Bitcoin price is trading in a bearish zone and facing hurdles near $7,500 and $7,600.
Litecoin (LTC) price is correcting higher, but it could face resistance near $50.00 and $51.00.
BCH price is slowly moving closer towards the $220 resistance area.
EOS price is correcting higher, but the $2.850 area is likely to prevent gains.
Binance coin (BNB) is holding the $16.20 support area and it could recover towards $17.20.

Bitcoin (BTC) and the crypto market cap might struggle to correct higher. Many altcoins such as Ethereum (ETH), binance coin (BNB), ripple, litecoin, BCH, EOS, TRX, and ADA are facing hurdles.
Bitcoin Cash Price Analysis
In the past two days, BCH price faced an increase in selling pressure and it declined below the $215 support area against the US Dollar. The price tested the $200 support area and it is currently correcting higher. On the upside, there are many hurdles for buyers near the $220, $225 and $230 levels.
On the downside, the main support is near the $205 and $200 levels. A daily close below the $200 support might start a sharp decline in the coming sessions.
Binance Coin (BNB), Litecoin (LTC) and EOS Price Analysis
Binance coin (BNB) price declined heavily below the $17.50 and $17.00 support levels. BNB price broke the $16.50 support area, but it is still trading above the $16.20 support. Therefore, there are chances of an upside correction towards the $17.20 and $17.50 resistance levels in the near term.
Litecoin price declined below the $51.00 support and settled below $50.00. LTC price tested the $47.00 area and it is currently correcting higher. However, the previous supports near the $50.00 and $51.00 levels are likely to act as strong barriers for the bulls in the coming sessions.
EOS price declined heavily and tested the $2.550 support area. The price is currently correcting higher and is trading above the $2.650 level. However, the previous support near the $2.850 level is likely to act as a strong resistance for the bulls.
Crypto Market Cap
Looking at the total cryptocurrency market cap hourly chart, there was a sharp decline below the $205.0B and $200.0B support levels. It opened the doors for more losses and the market cap declined towards the $190.0B level. It is currently correcting higher, but it seems like the previous support near $200.0B and $205.0B are likely to prevent gains. On the downside, the main supports are near $285.0B and $280.0B. Overall, upsides might be limited in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and other altcoins.
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Crypto Market Cap And Bitcoin Climb Higher: BCH, BSV, BNB, ADA Analysis

The total crypto market cap is attempting to surpass a major resistance near the $216.0B level.
Bitcoin price is correcting gains and is trading below the $8,200 level.
BCH price is up more than 3% and is recently surpassed the $230 resistance.
BSV price rallied more than 15% and it broke the key $110 resistance area.
Binance Coin (BNB) is currently consolidating gains above the $18.00 support area.
Cardano (ADA) price is up 3% and it surpassed the main $0.0400 resistance area.

The crypto market cap and bitcoin could climb higher, while BSV and BCH are surging. Ethereum, cardano (ADA), BSV, EOS, and ripple remains well supported on dips.
Bitcoin Cash Price Analysis
After forming a base above the $205 support area, BCH price started a fresh increase against the US Dollar. The BCH/USD pair is up more than 3% and it recently climbed above the key $230 resistance area. The next major resistance on the upside is near the $240 level.
On the downside, the previous resistance near the $225 and $220 levels are likely to act as supports. If there is a break below $220, the price could revisit the $205 support area.
Bitcoin SV, Binance Coin (BNB) and ADA Price Analysis
In the past few hours, there was a sharp rise in bitcoin SV above the $100 and $105 resistance levels. BSV price even broke the $110 resistance and it is currently up more than 15%. An immediate resistance is near the $115 level, above which it could test the $120 zone.
Binance coin (BNB) remained in a range in the past few sessions and it seems like it is consolidating above the $18.00 support area. On the upside, BNB price has to clear the $18.80 and $19.00 resistance levels to start another increase towards the $20.00 and $20.50 levels.
Cardano price finally managed to climb above the key $0.0400 resistance area. ADA price is currently up around 3%, but there is another strong resistance waiting near the $0.0420 resistance. A clear break above $0.0420 might set the pace for a rally towards the $0.0500 resistance area.

Looking at the total cryptocurrency market cap 4-hours chart, there was a decent rise from the $205.0B support area. However, the market cap is now facing a strong resistance near the $215.0B area and a connecting bearish trend line on the same chart.
Therefore, a successful close above $216.0B, plus a follow through above $220.0B could open the doors for more gains in the near term. Overall, there are chances of a fresh increase in bitcoin, Ethereum, ADA, ripple, tron, XLM, ADA, BNB, ICX, BCH, EOS, and other altcoins in the coming sessions.
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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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Tron-issued USDT stablecoin now the 5th largest in the market

Tron is presently lacking any significant relevancy in the market, something reflected by Google Trends which revealed that Tron had declined to a search index score of only 36 over the last week after registering a complete score of 100 in the 2nd week of January, 2019. However, it’s in the news again after in […]
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Source: AMB Crypto

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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Tron close to surpassing EOS; now hosts >600 DApps on its network

Tron Foundation’s native cryptocurrency, TRX, recently jumped up a position on CoinMarketCap’s top cryptocurrencies’ chart and now, stands as the 11th largest coin in terms of market cap. The price of the coin was seen recovering from the recent blow it encountered during the crypto-carnage. At press time, the price of the coin was seen […]
The post Tron close to surpassing EOS; now hosts >600 DApps on its network appeared first on AMBCrypto.
Source: AMB Crypto

Is Samsung on the Verge of Partnering with Justin Sun?

Coinspeaker
Is Samsung on the Verge of Partnering with Justin Sun?
The crypto community is waiting for Samsung Developer Conference with bated breath. Will Samsung-Tron partnership be announced or it is not more than rumors?
Is Samsung on the Verge of Partnering with Justin Sun?

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Source: CoinSpeaker

Crypto Market Cap And Bitcoin Could Rally: BCH, LTC, EOS, ADA Analysis

The total crypto market cap is holding a strong support area near the $220.0B level.
Bitcoin price is consolidating above $8,500 and it could rally further in the near term.
Litecoin (LTC) price must clear the $60.00 resistance area to continue higher.
BCH price is facing a strong resistance near the $235 and $240 levels.
EOS price is consolidating below the $3.250 and $3.300 resistance levels.
Cardano (ADA) price is currently consolidating above the $0.0400 support area.

The crypto market cap is showing positive signs along with bitcoin and Ethereum (ETH). Altcoins such as ripple, litecoin, BCH, EOS, tron (TRX), and ADA could slowly rise.
Bitcoin Cash Price Analysis
In the past two days, bitcoin cash price remained stable above the $210 and $215 levels against the US Dollar. Moreover, the BCH/USD pair made an attempt to climb above the $235 and $240 resistance levels, but it struggled to gain momentum. Thus, if there is a clear break above $240, the price could march towards $250.
On the downside, the main support is near the $215 level. Therefore, below $215, the price could move back towards the key $205 and $200 support levels in the near term.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price is consolidating above the $56.50 and $55.50 support levels. On the upside, there is a strong resistance forming near the $60.00 level, above which there are chances of a fresh increase towards the $65.00 and $68.00 levels.
EOS price settled above the $3.050 pivot level and it is currently trading in a range. On the upside, there are a few hurdles near the $3.300 level, above which the price might surge towards the $3.500 level. On the downside a break below $3.000 could push the price into a bearish zone.
Cardano price is currently consolidating above the $0.0400 support area. On the upside, an immediate resistance is near the $0.0425, above which the price is likely to climb higher towards the $0.0450 level. The next key resistance is near the $0.0485 and $0.0500 levels.

Looking at the total cryptocurrency market cap hourly chart, there was a major upside break above the key $220.0B resistance level. The market cap is currently consolidating above the $220.0 level and it seems to be setting up for the next key break. If there is an upside break above $226.0B, the market cap could continue to rise. An immediate resistance is near the $235.0B and $240.0B levels. The next major resistance is near the $250.0B level. Overall, there are high chances of more upsides in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and other altcoins in the coming sessions.
The post Crypto Market Cap And Bitcoin Could Rally: BCH, LTC, EOS, ADA Analysis appeared first on NewsBTC.
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