Altcoins get much-needed respite after Bitcoin surges by 12% in an hour

Bitcoin broke out of a rising wedge yesterday at 11:00 UTC, contributing to the price falling from $9,800 to $9,300. The bears had the matter under control until the king coin’s price started pumping again. Subsequently, Bitcoin’s price pumped by a whopping 12% in an hour i.e ~$1,400 pump in an hour. The 12% price […]
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Source: AMB Crypto

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

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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

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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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OKEx Executive May Make Appearance at Tron Buffett ‘Power Lunch’

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OKEx Executive May Make Appearance at Tron Buffett ‘Power Lunch’
Now, with the lunch date set for Thursday, July 25, speculation is rife that Sun will invite a selection of dignitaries from the world of cryptocurrency and blockchain to meet Buffett. Among those likely expected at the lunch is OKEx executive.
OKEx Executive May Make Appearance at Tron Buffett ‘Power Lunch’

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Source: CoinSpeaker

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’s DApp count rises to 513 as Tron-USDT airdrop garners support from exchanges

The Tron Foundation recently celebrated its first anniversary and gifted the community BitTorrent File System and BitTorrent Speed. Along with these developments in its ecosystem, Marcus Zhao, Technical Director of the Tron public chain, announced yesterday that the team had nearly completed the anonymous transaction system, following Tron’s journey up the CoinMarketCap ladder. The tenth-largest […]
The post Tron’s DApp count rises to 513 as Tron-USDT airdrop garners support from exchanges appeared first on AMBCrypto.
Source: AMB Crypto

Last Month in Crypto: June’s Major Statistics

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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

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Source: CoinSpeaker

Anonymous transactions on Tron network ‘almost finished,’ claims Tron’s Marcus Zhao

The Tron Foundation has been working towards developing an anonymous transactions system for its users for weeks now and according to Marcus Zhao, Technical Director of Tron’s Public Chain Division, the team has completed its work. Zhao took to Twitter to announce the same, tweeting, “#TRON Good news, We have almost finished the anonymous transaction […]
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Source: AMB Crypto

Support for TRON and Bitcoin Blockchains Added on Opera’s Crypto Wallet

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Support for TRON and Bitcoin Blockchains Added on Opera’s Crypto Wallet
Good news, you can now send and receive TRON (TRC 10 tokens and TRX) and Bitcoin (BTC) through the beta version of the Opera browser for Android. The new version also allows webpages to conduct transactions with Bitcoin.
Support for TRON and Bitcoin Blockchains Added on Opera’s Crypto Wallet

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Source: CoinSpeaker

Binance Oficially Launches its Margin Trading Platform

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Binance Oficially Launches its Margin Trading Platform
Binance users are now able to trade some cryptos on margin, using the exchange’s newly launched trading platform. The new service is paired with the existing cryptocurrency exchange under one platform, labeled Binance 2.0.
Binance Oficially Launches its Margin Trading Platform

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Source: CoinSpeaker

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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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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Users who value privacy, anonymity will be happy with BitTorrent Speed’s offerings, claims Tron’s Justin Knoll

Justin Sun recently sat down in an AMA to discuss the launch of BitTorrent Speed and the features and updates associated with it. The aim of this latest project is to enhance users experience by offering better speed and to empower them with control features, he said. This new features provide full transparency within the swarm, […]
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Source: AMB Crypto