Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis

2018-12-12 09:00

Key Points

The total crypto market cap extended declines and tested the $102.00B level. Litecoin (LTC) price is struggling below the $30 resistance, with a bearish angle. Bitcoin cash price is currently consolidating near the $100 level. Tron (TRX) is currently flat near the $0.0132 level, with range moves. Cardano (ADA) price declined below the $0.0300 support level.

Bitcoin cash traded above $100 and it is currently consolidating. Litecoin (LTC), Tron (TRX) and Cardano (ADA) remain in a bearish zone, with chances of more losses.

Bitcoin Cash Price Analysis

Bitcoin cash price managed to move back above the $100 level recently, but it facing a lot of hurdles near the $105 and $110 levels. If BCH/USD continues to struggle to climb above $110, there could be a fresh decline below $100 and $95 in the near term.

The key support is at $92, below which the price slide towards $85. On the upside, the price must break the $105 and $110 resistance levels to move into a positive zone.

Litecoin (LTC), Tron (TRX) and ADA Price Analysis

Litecoin price faced a lot of selling interest near the $30 and $28 levels recently. LTC declined and traded close to the $20 support area. The price is currently consolidating above $22 and it may perhaps correct higher towards $26 or $28.

During the past two days, there were only range moves above the $0.0130 level in tron price. On the upside, the price seems to be struggling to clear the $0.0135 and $0.0140 resistance levels.

Cardano price faced an increased selling pressure and declined below the $0.0300 support. ADA is down around 2% and it seems like the price may decline further towards the $0.0285 or $0.0280 support.

Looking at the total cryptocurrency market cap hourly chart, there was a downside extension below the $105.00B support. The market cap tested the $102.00B support zone and it is currently in a range. On the upside, there are many resistances near $105.00B and a bearish trend line. Therefore, upsides are likely to remain capped in Bitcoin, Ethereum, neo, litecoin, ripple, and other altcoins in the near term.

The post Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis appeared first on NewsBTC.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.004183 (-100%)

price ada trx tron crypto level market

price ada → Результатов: 126


CARDANO PRICE ANALYSIS & PREDICTION (February 24) – ADA Preps For A Serious Clampdown Amid Latest Market Loss, Where Next?

Cardano’s ADA price looks set for a fresh drop following recent price rejections. It has posted some notable losses over the past days as it looks poise for a serious clampdown. Following an unexpected price movement this week, ADA has seen a noticeable reduction and at the same time showing […]

2024-2-24 09:09