Crypto Market Update: Monero (XMR), Bitcoin SV, Tron (TRX), ADA Price Analysis

2018-12-11 09:00

Key Points

The total crypto market cap extended declines below $107.00B and it could slide further. Monero (XMR) price is under pressure below $50 and it could test $40. Bitcoin SV price is declining towards the $90 support level. Tron (TRX) is stable above the $0.0130 support level. Cardano (ADA) price is down more than 3% and is testing the $0.0300 support level.

Bitcoin SV is struggling to recover above the $100 handle. Monero (XMR), Tron (TRX) and Cardano (ADA) are down and they could continue to decline in the short term.

Bitcoin SV Price Analysis

After a push above the $100 handle, bitcoin SV failed to hold gains and declined below the $98 and $95 support levels. The price is down around 7% and it seems like it may test the $90 support level. If there are more losses, the price may even test the $88 level.

On the upside, key hurdles are near the $98 and $100 levels. As long as the price is below $100, bitcoin SV is likely to extend losses in the coming sessions.

Monero (XMR), Tron (TRX) and ADA Price Analysis

Monero price declined heavily recently after it broke the $50 support level. XMR is down around 6% and it may continue to slide towards the $42 or $40 support levels. On the upside, the main resistance is at $50, above which the price could climb higher.

Tron price is currently flat near the $0.0135 level. On the downside, an initial support is at $0.0130, followed by the key $0.0120 level. On the upside, TRX buyers need to clear the $0.0150 resistance for a decent recovery.

Cardano price is still holding the $0.0300 support level. If ADA sellers gain pace below $0.0300, there are chances of heavy losses towards the $0.0285 and $0.0280 support levels. Resistances are at $0.0315 and $0.0320.

Looking at the total cryptocurrency market cap hourly chart, there was a rejection near the $113.00B level. The market cap declined recently below $110.00B and $108.00B, and it is currently near a major bullish trend line with support at $105.00B, below which the next stop could be $100.00B. Therefore, there are chances of more losses in bitcoin, Ethereum, ADA, ripple, tron, XLM and other altcoins in the next few hours.

The post Crypto Market Update: Monero (XMR), Bitcoin SV, Tron (TRX), ADA Price Analysis appeared first on NewsBTC.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

price ada crypto tron trx monero market

Источник: newsbtc.com

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


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Monero (XMR) Unfazed By Market Jitters, Climbs 13% – Details

A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market.

Monero’s largest P2P trading platform shuts down

LocalMonero is a peer-to-peer (P2P) trading platform for privacy-focused coin Monero (XMR). The platform is winding down, with the website set to shutter on November 7. LocalMonero, the largest peer-to-peer (P2P) trading platform for Monero (XMR), is shutting down.

Binance Drops Monero

Pointing to new regulatory requirements and '“evidence of unethical or fraudulent conduct" Binance has announced its decision to delist the Monero privacy coin.

10 Privacy Coins Under $1 To Help Diversify Your Crypto Investments

Privacy coins remain a bone of contention when it comes to governments trying to regulate crypto transactions but that has not diminished their popularity. As more blockchains become easier to track, crypto investors have moved to privacy coins in a bid to better conceal their financial footprints.