NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, XRP, Ethereum Dip Post Fed's Rate Cut: What’s Next For Crypto?

Bitcoin And Crypto Market Eyeing Fresh Increase: BCH, BNB, EOS, TRX Analysis

Aayush Jindal
Aayush Jindal
Last Updated: June 11, 2024 12:49 pm
2 mins read
Bitcoin Crypto Market Altcoins BCH ETH XRP BNB ADA TRX EOS

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

  • The total crypto market cap is holding an important support area near the $185.0B level.
  • Bitcoin price is struggling to continue higher and trading close to the $7,200 support.
  • EOS price is down 2% and it is now trading near the $2.600 support area.
  • Binance Coin (BNB) is down 3% and it failed to stay above the key $14.00 support.
  • BCH price is declining towards the $205 and $200 support levels.
  • Tron (TRX) price is facing a strong resistance near the $0.0136 and $0.0138 levels.

The crypto market cap and bitcoin (BTC) are holding important supports. Ethereum (ETH), binance coin (BNB), ripple, BCH, tron (TRX), litecoin and EOS are struggling to continue higher.

Bitcoin Cash Price Analysis

After a fresh increase above the $205 resistance, bitcoin cash price found resistance near $215 against the US Dollar. The BCH/USD pair failed to continue higher and started a downside correction below $210.

It is now moving closer towards the $205 support area, below which it might test the $200 support. Any further losses could restart downtrend and the price might slide towards the $185 support level.

Binance Coin (BNB), EOS, Tron (TRX) Price Analysis

EOS price climbed higher recently above $2.600, but it faced resistance near the $2.700 level. A high was formed near $2.700 and the price started a downside correction. The price is now trading near the $2.600 support, below which it may perhaps test the $2.500 support area.

Tron price is struggling to gain momentum above the $0.0136 and $0.0138 resistance levels. The main resistance is still near $0.0140, above which the price might continue to rise in the near term. On the downside, the key support is near $0.0130, below which the price could decline heavily.

Binance coin (BNB) struggled to climb above the $14.40 area. As a result, BNB price started a fresh decline and broke the $14.20 and $14.00 support levels. The price is now approaching the $13.75 support level, below which it might even test the $13.50 area.

Bitcoin And Crypto Market Cap
Crypto Market Cap

Looking at the total cryptocurrency market cap 4-hours chart, there was a downside correction from the $195.0B resistance area. The crypto market cap declined below the $190.0B support. However, the $185.0B level and a connecting bullish trend line are providing support.

Therefore, there are chances of a fresh increase in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX in the near term unless the market cap slides below $180.0B.

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. 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.

Read more

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. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

ASTER

Aster Explodes After CZ Drops Bombshell: He Owns $2.5M Worth

A sudden disclosure by Binance founder Changpeng Zhao set off a sharp move in Aster’s token price and trading patterns....

Christian Encila 2 hours ago
Dogecoin

Here’s What Happens To The Dogecoin Price After The Consolidation Phase Ends

Dogecoin has spent the past several days locked in a tight decline that has seen it push lower. The meme...

Scott Matherson 5 hours ago
cardano ada adausd

Cardano (ADA) Price Drops 5% Amid Trader Shorts, Hoskinson Blames Community for DeFi Struggles

Cardano (ADA) continued its downward slide on Monday, falling over 5% to trade around $0.57, extending last week’s 10% decline....

James Halver 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

美聯儲轉向寬鬆 Bitcoin Hyper 助推行情 ICO募資即將突破 2600 萬美元

newsbtc 56 minutes ago
Crypto

Caution In The Crypto Market: Expert Warns Of Bearish Phase Unfolding This November

Ronaldo Marquez 56 minutes ago
Crypto bull run news

Crypto Bull Case Vs. Bear Case: These Forces Divide The Market

Jake Simmons 1 hour ago

Premium Sponsors

Press Releases

  • ChatGPT-5 Predicts These Coins

    ChatGPT-5 Dự Đoán Những Đồng Coin Này Sắp Bùng...

    5 hours ago
  • pepenode crypto whale

    Các Meme Coin Tiềm Năng Tháng 11: Vì Sao Pepenode Có...

    5 hours ago
  • Bitcoin Hyper Gọi Vốn 25,6 Triệu USD Trong Presale...

    5 hours ago
  • Top Altcoins

    Các Altcoin Hàng Đầu Nên Mua Khi Quỹ ETF Solana...

    5 hours ago
  • 価格調整の中で強気継続

    イーサリアム...

    8 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.