- The total crypto market cap bounced back after testing the $167.5B level.
- Bitcoin price rallied to a new 2019 high above the $5,500 resistance level.
- Litecoin (LTC) price is currently consolidating above the $75.00 support area.
- Bitcoin cash price is slowly moving higher towards the $295 and $300 resistance levels.
- Tron (TRX) price is currently struggling and it could test the $0.0245 support area.
- Cardano (ADA) price rallied recently and broke the $0.0750 and $0.0760 resistance levels.
The crypto market cap is climbing steadily, with bullish moves in bitcoin (BTC), Cardano (ADA) and Ethereum (ETH). Ripple, litecoin (LTC), bitcoin cash, TRX, XLM and BNB could extend gains.
Bitcoin Cash Price Analysis
Bitcoin cash price corrected lower and tested the $280 support area against the US Dollar. The BCH/USD pair is currently recovering and recently broke the $290 resistance levels. On the upside, an immediate resistance is at $295, above which the price could face hurdles near the $300 level.