{"id":368828,"date":"2019-01-22T06:00:02","date_gmt":"2019-01-22T06:00:02","guid":{"rendered":"https:\/\/wncen.com\/?p=368828"},"modified":"2024-06-11T13:33:06","modified_gmt":"2024-06-11T13:33:06","slug":"crypto-market-update-litecoin-ltc-bitcoin-cash-tron-trx-ada-price-analysis-4","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-market-update-litecoin-ltc-bitcoin-cash-tron-trx-ada-price-analysis-4\/","title":{"rendered":"Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis 2019-01-22"},"content":{"rendered":"<ul>\n<li>The total crypto market cap is currently consolidating above the $112.00B support level.<\/li>\n<li>Litecoin (LTC) price is under pressure and it seems to be struggling to stay above the $30 support.<\/li>\n<li>Bitcoin cash price is trading in a tight range between the $120 and $130 levels.<\/li>\n<li>Tron (TRX) gained more than 8% and broke the $0.0260 resistance level.<\/li>\n<li>Cardano (ADA) price is trading flat above the $0.0420 support level.<\/li>\n<\/ul>\n<p><em>Bitcoin (<a href=\"https:\/\/wncen.com\/2019\/01\/21\/bitcoin-price-watch-btcs-trend-overwhelmingly-bearish-below-3600\/\" target=\"_blank\" rel=\"noopener \">BTC<\/a>), Ethereum (<a href=\"https:\/\/wncen.com\/2019\/01\/22\/ethereum-price-analysis-eth-consolidating-below-crucial-barriers\/\" target=\"_blank\" rel=\"noopener \">ETH<\/a>), ripple, litecoin and cardano declined heavily this week. The crypto market is currently ranging, but tron (TRX) made a nice upward move.<\/em><\/p>\n<h2>Bitcoin Cash Price Analysis<\/h2>\n<p>Bitcoin cash price declined recently and tested the $120 support level against the US Dollar. BCH\/USD is currently trading in a range and it is consolidating above the $120 support area. On the upside, there are many hurdles near the $125, $128 and $130 levels.<\/p>\n<p>On the downside, the $120 support holds the key. If there is a bearish break below $120, the price could accelerate losses towards the $110 level in the near term.<\/p>\n<h2>Litecoin (LTC), Tron (TRX) and ADA Price Analysis<\/h2>\n<p>Litecoin price made a sharp downside move recently and traded below the $38 and $35 support levels. LTC even broke the $33 support and tested the $30 support area. It is currently trading in the $30-32 range and preparing for the next move.<\/p>\n<p>Tron price once again performed really well and gained more than 8%. TRX price broke the $0.0250 and $0.0258 resistance levels to set the stage for more gains. The next stop could be $0.0272 in the short term.<\/p>\n<p>Cardano price is currently consolidating above the $0.0420 support level. ADA could make the next move either towards the $0.0450 resistance or towards the $0.0400 support area.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-368829\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-11.png?resize=1828%2C869\" alt=\"Crypto Market Cap, Bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, TRX  \" width=\"1828\" height=\"869\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-11.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-11.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-11.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-11.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-11.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-11.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-11.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the total cryptocurrency market cap hourly <a href=\"https:\/\/www.tradingview.com\/symbols\/XBTUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">chart<\/a>, there is a contracting triangle in place with resistance at $116.00B and support near the $113.20B level. It seems like the market cap is preparing for the next move either above $116.00B or below the $112.00B support level. Therefore, there could be swing moves (bearish or bullish) in Bitcoin, Ethereum, <a href=\"https:\/\/wncen.com\/2019\/01\/21\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/\" target=\"_blank\" rel=\"noopener \">EOS<\/a>, litecoin, <a href=\"https:\/\/wncen.com\/2019\/01\/22\/ripple-price-analysis-xrps-recovery-could-face-major-hurdles\/\" target=\"_blank\" rel=\"noopener \">ripple<\/a>, XLM, BCH, TRX and other altcoins remains in the near term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total crypto market cap is currently consolidating above the $112.00B support level. Litecoin (LTC) price is under pressure and it seems to be struggling to stay above the $30 support. Bitcoin cash price is trading in a tight range between the $120 and $130 levels. Tron (TRX) gained more than 8% and broke the $0.0260 resistance level. Cardano (ADA) price is trading flat above the $0.0420 support level. Bitcoin (BTC), Ethereum (ETH), ripple, litecoin and cardano declined heavily this week. The crypto market is currently ranging, but tron (TRX) made a nice upward move. Bitcoin Cash Price Analysis Bitcoin cash price declined recently and tested the $120 support level against the US Dollar. BCH\/USD is currently trading in a range and it is consolidating above the $120 support area. On the upside, there are many hurdles near the $125, $128 and $130 levels. On the downside, the $120 support holds the key. If there is a bearish break below $120, the price could accelerate losses towards the $110 level in the near term. Litecoin (LTC), Tron (TRX) and ADA Price Analysis Litecoin price made a sharp downside move recently and traded below the $38 and $35 support levels. LTC even broke the $33 support and tested the $30 support area. It is currently trading in the $30-32 range and preparing for the next move. Tron price once again performed really well and gained more than 8%. TRX price broke the $0.0250 and $0.0258 resistance levels to set the stage for more gains. The next stop could be $0.0272 in the short term. Cardano price is currently consolidating above the $0.0420 support level. ADA could make the next move either towards the $0.0450 resistance or towards the $0.0400 support area. Looking at the total cryptocurrency market cap hourly chart, there is a contracting triangle in place with resistance at $116.00B and support near the $113.20B level. It seems like the market cap is preparing for the next move either above $116.00B or below the $112.00B support level. Therefore, there could be swing moves (bearish or bullish) in Bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, TRX and other altcoins remains in the near term.<\/p>\n","protected":false},"author":67,"featured_media":347588,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[12333,10765,10736,1119,12332,10,2828,11808,11993],"class_list":["post-368828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ada","tag-bch","tag-bitcoin-cash","tag-btc","tag-cardano","tag-litecoin","tag-ltc","tag-tron","tag-trx"],"acf":[],"yoast_head":"\n<title>Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis 2019-01-22<\/title>\n<meta name=\"description\" content=\"Bitcoin (BTC), Ethereum (ETH), ripple, litecoin and cardano declined heavily this week. 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