Thursday, 1 August 2019

Bitcoin & Crypto Market Cap Trending Higher: Litecoin, BNB, BCH, TRX Analysis @newsbtc #Analysis #Technical #BCH #Binance Coin #Bitcoin Cash #BNB #btc #Litecoin #TRON #TRX

  • The total crypto market cap is gaining momentum above the $260.0B and $265.0B resistances.
  • Bitcoin price is showing positive signs and it recently broke the key $10,200 resistance area.
  • Binance c...
    • The total crypto market cap is gaining momentum above the $260.0B and $265.0B resistances.
    • Bitcoin price is showing positive signs and it recently broke the key $10,200 resistance area.
    • Binance coin (BNB) price is rising steadily and it recently broke the $28.00 resistance area.
    • Litecoin (LTC) price tested the $100.00 resistance once again, but failed to continue higher.
    • BCH price is moving higher once again towards the $330 and $335 resistance levels.
    • Tron (TRX) price seems to be consolidating above the key $0.0220 support area.

    The crypto market cap and bitcoin (BTC) are currently trading with a bullish angle. Ethereum (ETH), BNB, litecoin, ripple, BCH, TRX, XLM and EOS could also climb higher.

    Bitcoin Cash Price Analysis

    After a short term correction, BCH price found support near the $320 level against the US Dollar. The BCH/USD pair is currently moving higher and it could rise towards the $330 resistance level. If there are more gains, the price could rise towards the $340 resistance level.

    If the price fails to continue higher, it could decline once again towards the $320 support. Therefore, if there are more losses, there are chances of a dip towards the $305 support area.

    Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis

    Binance coin (BNB) price started a steady rise from the $26.20 support level. BNB price broke the key $27.00 and $28.00 resistance levels. It even traded close to the $29.00 level and is currently correcting lower. The main support is near $28.00, followed by $27.80. On the upside, a break above $29.00 might push the price towards the $30.00 level.

    Litecoin price is trading in a positive zone, but it seems to be struggling to gain momentum above the $100.00 resistance. Moreover, LTC price made two attempts to break the $100.00 resistance, but it failed. It is currently consolidating above the $95.00 and $92.00 support levels.

    Tron price remains in a bearish zone below the $0.0230 resistance level. TRX price is under pressure and it might even break the $0.0220 support level once again. The next key supports are near $0.0210 and $0.0205, followed by the main $0.0200 barrier.

    Bitcoin, Crypto Market Cap Altcoins ETH, XRP, BCH, LTC, EOS, TRX, ADA, BNB

    Looking at the total cryptocurrency market cap 4-hours chart, there was a steady rise above the $260.0B and $265.0B resistance levels. There was even a close above the $270.0B resistance and the 100 simple moving average. On the upside, the next important resistance is near the $280.0B and $284.0B levels. A break above $284.0B might push the market cap towards $300.0B. Therefore, there could be more gains in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins in the coming sessions.

    The post Bitcoin & Crypto Market Cap Trending Higher: Litecoin, BNB, BCH, TRX Analysis appeared first on NewsBTC.



    source https://www.tokentalk.co/NewsBTC/bitcoin-crypto-market-cap-trending-higher-litecoin-bnb-bch-trx-analysis-5d43c261f4c85eab76fc9862

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