Jul 4, 2019
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Bitcoin, Crypto Market Signaling More Upsides: BCH, BNB, LTC, TRX Analysis

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  • The total crypto market cap climbed further higher and broke the $310.0B resistance area.
  • Bitcoin price extended its upward move and climbed towards the key $12,000 resistance.
  • Binance coin (BNB) price is currently trading with a positive bias above the $32.50 support.
  • Litecoin (LTC) price is struggling to move above the $122 and $124 resistance levels.
  • BCH price tested the $415 resistance and it may rise towards the $425 resistance area.
  • Tron (TRX) price is currently consolidating losses above the $0.0320 support area.

The crypto market cap and bitcoin (BTC) are climbing steadily. Ethereum (ETH), BNB, litecoin, ripple, BCH, TRX, XLM and EOS could also gain momentum in the near term.

Bitcoin Cash Price Analysis

After settling above the $400 pivot level, there was a steady rise in bitcoin cash price against the US Dollar. The BCH/USD pair broke the $410 resistance level and recently tested the $415 resistance level. The current price action is positive and it seems like there could be more gains towards $425 in the near term.

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