{"id":387518,"date":"2019-06-26T04:30:56","date_gmt":"2019-06-26T04:30:56","guid":{"rendered":"https:\/\/wncen.com\/?p=387518"},"modified":"2024-06-11T13:44:37","modified_gmt":"2024-06-11T13:44:37","slug":"bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/","title":{"rendered":"Bitcoin Smashes $12K, Crypto Cap Up $25 Billion: BCH, LTC, EOS, ADA Analysis"},"content":{"rendered":"<ul>\n<li>The total crypto market cap rallied recently and broke the key $325.0B resistance area.<\/li>\n<li>Bitcoin price is up more than 8% and it recently broke the key $12,000 barrier.<\/li>\n<li>Litecoin (LTC) price is likely to accelerate above the key $140 resistance area.<\/li>\n<li>Bitcoin cash price about to surpass the main $500 resistance to start a fresh increase.<\/li>\n<li>EOS price is currently above $7.300 and it could rise towards the $7.400 and $7.500 levels.<\/li>\n<li>Cardano (ADA) price is about to gain momentum above the key $0.1000 resistance area.<\/li>\n<\/ul>\n<p><em>The crypto market cap surged above $340.0B, bitcoin (BTC) broke $12,000, and <a href=\"https:\/\/wncen.com\/2019\/06\/26\/ethereum-eth-price-can-it-rally-similar-to-bitcoin\/\" target=\"_blank\" rel=\"noopener noreferrer \">Ethereum<\/a> (ETH) climbed above $330. Altcoins such as <a href=\"https:\/\/wncen.com\/2019\/06\/26\/bitcoin-surging-ripple-price-xrp-struggles\/\" target=\"_blank\" rel=\"noopener noreferrer \">ripple<\/a>, litecoin, BCH, EOS, tron (TRX), and ADA could continue higher.<\/em><\/p>\n<h2>Bitcoin Cash Price Analysis<\/h2>\n<p>There was a slow and steady rise in bitcoin cash price from the $460 support against the US Dollar. The BCH\/USD pair climbed above the $470 and $480 resistance levels to move into a positive zone. The price is now trading above $485 and it seems like the bulls are likely to push the price above the $500 barrier in the near term.<\/p>\n<p>Above $500, the price could accelerate towards the $515 and $520 levels. On the downside, the main supports are near $480 and $470.<\/p>\n<h2>Litecoin (LTC), EOS and Stellar (XLM) Price Analysis<\/h2>\n<p>Litecoin price is trading with a positive bias above the $125 and $130 support levels. LTC price is facing a strong resistance near the $140 level, above which there are chances of sharp gains towards the $150 level. On the downside, a break below the $130 support might start a bearish wave.<\/p>\n<p>EOS price settled above the $7.20 and $7.25 support levels. It seems like the price is facing a tough resistance near the $7.45 and $7.50 levels, above which there are high chances of a run towards the main $8.00 resistance.<\/p>\n<p>Cardano price remains in an uptrend above the $0.0900 and $0.0920 support levels. ADA price recently broke the $0.0950 and $0.0980 resistance levels. It is currently near $0.1000 and it may perhaps continue to rise towards the $0.1050 and $0.1100 levels.<\/p>\n<p><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Crypto-Market-Cap-Total-12.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-387525\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Crypto-Market-Cap-Total-12.png?resize=1508%2C654\" alt=\"Crypto Market Bitcoin BTC BCH EOS TRX XLM LTC ADA\" width=\"1508\" height=\"654\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Crypto-Market-Cap-Total-12.png?w=1508 1508w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Crypto-Market-Cap-Total-12.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Crypto-Market-Cap-Total-12.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Crypto-Market-Cap-Total-12.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Crypto-Market-Cap-Total-12.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Crypto-Market-Cap-Total-12.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Looking at the total cryptocurrency market cap hourly <a href=\"https:\/\/www.tradingview.com\/symbols\/CRYPTOCAP-TOTAL\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, there was a sharp rise above the main $325.0B resistance level. The market cap gained more than $25 billion and broke the $340.0B resistance. The current technical formation is very positive, suggesting more upsides towards the $350.0B and $360.0B levels. If there is a downside correction, the previous resistance near the $325.0B level is likely to act as a strong support. Overall, there are chances of further upsides in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and other altcoins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total crypto market cap rallied recently and broke the key $325.0B resistance area. Bitcoin price is up more than 8% and it recently broke the key $12,000 barrier. Litecoin (LTC) price is likely to accelerate above the key $140 resistance area. Bitcoin cash price about to surpass the main $500 resistance to start a fresh increase. EOS price is currently above $7.300 and it could rise towards the $7.400 and $7.500 levels. Cardano (ADA) price is about to gain momentum above the key $0.1000 resistance area. The crypto market cap surged above $340.0B, bitcoin (BTC) broke $12,000, and Ethereum (ETH) climbed above $330. Altcoins such as ripple, litecoin, BCH, EOS, tron (TRX), and ADA could continue higher. Bitcoin Cash Price Analysis There was a slow and steady rise in bitcoin cash price from the $460 support against the US Dollar. The BCH\/USD pair climbed above the $470 and $480 resistance levels to move into a positive zone. The price is now trading above $485 and it seems like the bulls are likely to push the price above the $500 barrier in the near term. Above $500, the price could accelerate towards the $515 and $520 levels. On the downside, the main supports are near $480 and $470. Litecoin (LTC), EOS and Stellar (XLM) Price Analysis Litecoin price is trading with a positive bias above the $125 and $130 support levels. LTC price is facing a strong resistance near the $140 level, above which there are chances of sharp gains towards the $150 level. On the downside, a break below the $130 support might start a bearish wave. EOS price settled above the $7.20 and $7.25 support levels. It seems like the price is facing a tough resistance near the $7.45 and $7.50 levels, above which there are high chances of a run towards the main $8.00 resistance. Cardano price remains in an uptrend above the $0.0900 and $0.0920 support levels. ADA price recently broke the $0.0950 and $0.0980 resistance levels. It is currently near $0.1000 and it may perhaps continue to rise towards the $0.1050 and $0.1100 levels. Looking at the total cryptocurrency market cap hourly chart, there was a sharp rise above the main $325.0B resistance level. The market cap gained more than $25 billion and broke the $340.0B resistance. The current technical formation is very positive, suggesting more upsides towards the $350.0B and $360.0B levels. If there is a downside correction, the previous resistance near the $325.0B level is likely to act as a strong support. Overall, there are chances of further upsides in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and other altcoins.<\/p>\n","protected":false},"author":67,"featured_media":382512,"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":[12333,10765,13291,10736,11427,1119,12332,10598,10,2828,11808,11993],"class_list":["post-387518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ada","tag-bch","tag-binance-coin","tag-bitcoin-cash","tag-bnb","tag-btc","tag-cardano","tag-eos","tag-litecoin","tag-ltc","tag-tron","tag-trx"],"acf":[],"yoast_head":"\n<title>Bitcoin Smashes $12K, Crypto Cap Up $25 Billion: BCH, LTC, EOS, ADA Analysis<\/title>\n<meta name=\"description\" content=\"The crypto market cap surged above $340.0B, bitcoin (BTC) broke $12,000, and Ethereum (ETH) climbed above $330. Altcoins such as ripple, litecoin, BCH, EOS, tron (TRX), and ADA could continue higher.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Smashes $12K, Crypto Cap Up $25 Billion: BCH, LTC, EOS, ADA Analysis\" \/>\n<meta property=\"og:description\" content=\"The crypto market cap surged above $340.0B, bitcoin (BTC) broke $12,000, and Ethereum (ETH) climbed above $330. Altcoins such as ripple, litecoin, BCH, EOS, tron (TRX), and ADA could continue higher.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-26T04:30:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:44:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Crypto_Market_Altcoins.jpg?fit=1000%2C643\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"643\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Bitcoin Smashes $12K, Crypto Cap Up $25 Billion: BCH, LTC, EOS, ADA Analysis\",\"datePublished\":\"2019-06-26T04:30:56+00:00\",\"dateModified\":\"2024-06-11T13:44:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/\"},\"wordCount\":416,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Crypto_Market_Altcoins.jpg?fit=1000%2C643\",\"keywords\":[\"ADA\",\"BCH\",\"Binance Coin\",\"Bitcoin Cash\",\"BNB\",\"btc\",\"Cardano\",\"eos\",\"Litecoin\",\"ltc\",\"TRON\",\"TRX\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/\",\"name\":\"Bitcoin Smashes $12K, Crypto Cap Up $25 Billion: BCH, LTC, EOS, ADA Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-smashes-12k-crypto-cap-up-25-billion-bch-ltc-eos-ada-analysis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Crypto_Market_Altcoins.jpg?fit=1000%2C643\",\"datePublished\":\"2019-06-26T04:30:56+00:00\",\"dateModified\":\"2024-06-11T13:44:37+00:00\",\"description\":\"The crypto market cap surged above $340.0B, bitcoin (BTC) broke $12,000, and Ethereum (ETH) climbed above $330. 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Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. 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