{"id":391728,"date":"2019-07-31T05:00:46","date_gmt":"2019-07-31T05:00:46","guid":{"rendered":"https:\/\/wncen.com\/?p=391728"},"modified":"2024-06-11T12:53:07","modified_gmt":"2024-06-11T12:53:07","slug":"bitcoin-crypto-market-cap-approaching-resistance-ltc-bnb-bch-trx-analysis","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-crypto-market-cap-approaching-resistance-ltc-bnb-bch-trx-analysis\/","title":{"rendered":"Bitcoin & Crypto Market Cap Approaching Resistance: LTC, BNB, BCH, TRX Analysis"},"content":{"rendered":"
The crypto market cap and bitcoin (BTC) are currently approaching key resistances. Ethereum<\/a> (ETH), BNB, litecoin, ripple<\/a>, BCH, TRX, XLM and EOS might struggle to continue higher.<\/em><\/p>\n After a successful close above the $300 pivot level, BCH price started a decent upward move against the US Dollar. The BCH\/USD pair broke the key $315 and $320 resistance levels to move into a positive zone. It is now up more than 5% and is trading above the $325 level.<\/p>\n If it continues to rise, the next major resistance is near the $340 level. Conversely, if there is a downside correction, the previous resistances near $320 and $315 are likely to provide supports in the near term.<\/p>\n Binance coin (BNB) price stayed above the $25.00 and $25.20 support levels. BNB price is currently correcting higher above the $27.00 resistance level. On the upside, the main resistances are $28.00 and $28.50, where the bulls are likely to face a strong resistance.<\/p>\n Litecoin price found support near the $88.00 level and recently corrected above the $90.00 level. LTC price is now approaching the $92.00 resistance, above which the price could test the main $95.00 resistance area.<\/p>\n Tron price declined heavily and even traded close to the $0.0210 support area. TRX price is currently correcting higher and is trading above the $0.0220 level. On the upside, the bulls might struggle to surpass the $0.0230 and $0.0232 resistance levels in the near term.<\/p>\nBitcoin Cash Price Analysis<\/h2>\n
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis<\/h2>\n