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- The total capitalization of the cryptography market has added more than $ 10.0 billion recently and exceeded the resistance of $ 130.0 billion.
- The price in Litecoin (LTC) has grown and exceeded the resistance levels of $ 45 and $ 47.
- The Bitcoin spot price jumped nearly 15% and tested the resistance zone at $ 150.
- The price of Tron (TRX) managed to rise above the resistance zone at 0.0250 USD.
- The Star Price (XLM) slowly corrected upward to reach the levels of $ 0.0880 and $ 0.0920.
The crypto market grew, with bullish movements in bitcoin (BTC) and Ethereum (ETH). In addition, litecoin, ripple, cash bitcoin, tron (TRX), stellar (XLM) and other altcoins have also gained ground.
Bitcoin Cash Analysis Price
The Bitcoin spot price started a sharp rise recently and broke the $ 130 resistance against the US dollar. The BCH / USD pair gained traction and exceeded the resistance levels of $ 140 and $ 145. The price is up nearly 15% and he recently tested the resistance level of $ 150.
For now, the price is corrected lower to support levels of $ 146 and $ 145. The main downside support is $ 142 and the main upside resistance is $ 150 and $ 155. In the short term, there may be a downward correction before a new wave of $ 155.
Litecoin Price Analysis (LTC), Tron (TRX) and Stellar (XLM)
The price in litecoins also increased and exceeded the resistance zone of $ 45. LTC is up about 7% and it recently broke the $ 47 resistance. It appears that the current share price is positive, with chances of more improvements above the resistance levels at $ 48 and $ 50. In contrast, key supports are visible at around $ 46 and $ 45.
The Tron price formed a support base close to the $ 0.0240 level and then began an upward correction. The price of TRX rose above the $ 0.0250 resistance, opening the door to a decent recovery. The next major obstacles for buyers are $ 0.0255 and $ 0.0262 in the short term.
The stellar price also began a bullish correction and rose above the $ 0.0800 resistance. The price of the XLM is currently trading above $ 0.0840 and it could soon test the resistance level at $ 0.0880. The main resistance is $ 0.0920, above which he could test the resistance zone at $ 0.1000.
Looking at the total hourly market chart of cryptocurrency market capitalization, buyers took control above the $ 120.0 billion and $ 121.0 billion resistance levels. Market capitalization recovered and exceeded the resistance levels of $ 125.0 billion and $ 130.0 billion. A maximum was formed near 131.0B $ and it is correcting further down. However, a strong support has formed around the $ 126.0 billion level and a bullish trend line on the same chart. On the upside, the main resistors were $ 130.0 billion and $ 132.0 billion, followed by $ 135.0 billion. Therefore, troughs remain supported in bitcoins, Ethereum, EOS, labels, ripples, XLMs, BCHs, BNBs, TRXs and other altcoins in future sessions.
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