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Key points
- The maximum limit of the cryptic market climbed higher and broke the resistance of $ 120.00 B.
- The price of Litecoin (LTC) has risen recently and has broken the resistance level of $ 30.
- The cash price of Bitcoin has increased by over 25% and has exceeded the resistance of $ 110.
- Tron (TRX) has gathered beyond the resistance levels of $ 0.0140 and $ 0.0150.
- The Cardano (ADA) price increased gains above the resistance of $ 0.0350.
Bitcoin money has recently gathered above $ 100 and $ 115. Litecoin (LTC), Tron (TRX), EOS and Cardano (ADA) are gaining ground and may continue to move higher.
Bitcoin cash price analysis
Bitcoin's cash price made solid support near the $ 80 level last week and later recovered over $ 90. The upside move was positive as the pair BCH / USD also broke the resistance to $ 100. He earned more than 25% in the last few hours and broke the resistance of $ 115.
On the upside, the next resistance is $ 120, beyond which you could test the $ 125 resistance. On the downside, an initial support is at $ 110, below which the price could find strong bids close to $ 105 and $ 100.
Litecoin (LTC), Tron (TRX) and ADA price analysis
The price of Litecoin started a major upward move and exceeded the $ 25 and $ 28 resistance levels. The price of the LTC has even exceeded the resistance of $ 30 and is currently facing hurdles close to $ 32 levels. and $ 35.
The price of Tron eventually made a nice bullish move and exceeded the resistance levels of $ 0.0140 and $ 0.0150. The price is currently around 8% and may soon break the resistance of $ 0.0175 for an upward extension.
Cardan's price rose after it stabilized above the $ 0.0300 support. The ADA gained the pitch above the resistance of $ 0.0320 and broke the resistance of $ 0.0350. Currently it is up 8% to $ 0.0362 and buyers could push the price towards $ 0.0380.
Looking at the hourly chart of the total capital cryptocurrency market cap, there was a solid upward push above the resistance levels of $ 110.00B and $ 115.00B. The market capitalization has even zeroed the resistance of $ 120.00 B and tested the level of $ 121.50B. In the short term, there may be a slight downward correction, but the levels of $ 115.00 B and $ 114.00 B are decent supports. Therefore, Bitcoin, Ethereum, EOS, litecoin, ripple and other altcoins could correct themselves further down the short term, but the dives remain supported.
