Bitcoin And Crypto Market Rising: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is slowly rising and it is currently near the $200.0B resistance. Bitcoin price is up close to 2% and it is now trading above the $7,500 resistance. Litecoin (LTC) price is now trading above $45.00, but it is still facing a lot of hurdles. Bitcoin cash price is climbing higher towards the key $220 and $225 resistance levels. EOS price is trading above the $2.700 resistance and it could climb above $2.850. Stellar (XLM) price is slowly rising towards the $0.0585 resistance level. Bitcoin (BTC)…

Litecoin Price (LTC) Technicals Weak, Bitcoin Dragging Market Lower

Litecoin declined heavily after it failed to climb above $46.50 and $48.00 against the US Dollar. The price seems to be sliding towards the $42.20 and $40.40 support levels. There is a key declining channel forming with resistance near $45.50 on the hourly chart of the LTC/USD pair (data feed from Kraken). Bitcoin price is down around 3% and it is struggling to stay above the $7,040 and $7,000 support levels. Litecoin price is following a nasty downtrend below the $46.50 resistance against the US Dollar. LTC could revisit $40.40…

Litecoin Price (LTC) Remains In Downtrend, Bitcoin Holding $7K

Litecoin is started an upside correction from the $42.15 swing low against the US Dollar. The price is now trading above the $45.50 resistance, but it is well below $48.40 and $50.00. There is a major bearish trend line forming with resistance near $47.80 on the hourly chart of the LTC/USD pair (data feed from Kraken). Bitcoin price is currently trading in a range above the $7,000 and $6,950 support levels. Litecoin price is still in a downtrend below the $50.00 resistance against the US Dollar. LTC could only start…

Crypto Market Cap & Bitcoin Flirt With Key Resistance: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap is facing a strong resistance near the $190.0B and $195.0B levels. Bitcoin price is also struggling to surpass the $7,300 and $7,400 resistance levels. Litecoin (LTC) price is declining and it might trade below the $45.00 support area. BCH price is struggling to hold the key $205 and $200 support levels. Tron (TRX) price is up more than 2% and it is approaching the $0.0150 resistance. Cardano (ADA) price is now trading well below the $0.0138 and $0.0140 levels. Bitcoin (BTC) and the crypto market…

Bitcoin And Crypto Market Recovery Facing Floor Test: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap started an upside correction after tagging $171.8B. Bitcoin price is up close to 10% and it is now trading above the $7,000 resistance. Litecoin (LTC) price is gaining momentum and it could test the $48.50 resistance area. Bitcoin cash price is climbing higher towards the main $220 and $225 resistance levels. EOS price rallied 10% and it even broke the $2.500 resistance area. Stellar (XLM) price is slowly rising towards the $0.0600 resistance area. Bitcoin (BTC) and the crypto market cap closing towards key resistances.…

Bitcoin And Crypto Market Remain at Risk: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap remains at a risk of a drop towards the $200.0B support. Bitcoin price is currently correcting higher, but there are many resistances near $8,250. Litecoin (LTC) price is currently consolidating above the $55.00 support area. Bitcoin cash price is now trading in a bearish zone below the $250 level. EOS price is under a lot of pressure and it is approaching the $3.050 support area. Stellar (XLM) price is now closing in towards the $0.0650 support area. Bitcoin (BTC) and the crypto market cap are…

Litecoin Correction Causes Serious Bearish Action, Why Further Pullback is Likely

LTC broke out of a channel to a new descending wedge after dropping below $61 price levels earlier today. The price rejection at $66 price levels has made Litecoin stay under a bearish pressure since the weekly opening. Litecoin may gain bullish momentum if the price can reclaim $61, which appeared to be a critical confluence zone for the market. Litecoin has witnessed a lot of price reductions over the past three days due to a significant correction which is making the bears gain control of the market. However, a…

Crypto Market Cap & Bitcoin Declining: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap is struggling to stay above the $225.0B support area. Bitcoin price is down around 3% and it is trading well below the $9,000 level. Litecoin (LTC) price is declining, but it is still trading above the $60.00 support area. BCH price failed to surpass the $300 resistance and is correcting lower towards $285. Tron (TRX) price is slowly declining towards the $0.0185 support area. Cardano (ADA) price is trading in a range above the $0.0420 support area. Bitcoin (BTC) and the crypto market cap are…

As Bitcoin Price Consolidates, Litecoin Looks Ripe for Massive Gains

Bitcoin price (BTC) failed to ignite much interest as October closed.  There are approximately 194 days left until the next Bitcoin halving, which probably feels like an eternity away for those involved with the crypto space.  This week there was also a surplus of negative news events like the Bitmex email leak and the Coinbase flash crash that caused mass liquidations on Deribit. So can we really expect Bitcoin price to do anything spectacular in the short term?    Daily crypto market performance. Source: Coin360.com BTC USD daily chart. Source: TradingView…

Bitcoin And Crypto Market Cap Facing Hurdles: BCH, Litecoin, TRX, XLM Analysis

The total crypto market cap corrected a few points, but it faced a strong resistance near $215.0B. Bitcoin price is also correcting higher, but it is likely to struggle to clear the $8,200 resistance. Litecoin (LTC) price is now facing resistance near the $55.50 and $56.50 levels. BCH price is holding the main $215 support area and it is currently rebounding. Tron (TRX) price is climbing higher and it is now placed nicely above the $0.0150 level. Stellar (XLM) price is up more than 2% and it is moving towards…