• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Invest BTCTry
  • Join STC ICOBuy
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Invest BTCTry
  • Join STC ICOBuy
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Technical analysis

Bitcoin And Crypto Market Cap Down Sharply: LTC, BNB, BCH, TRX Analysis

Aayush Jindal by Aayush Jindal
1 year ago
in Technical analysis
Reading Time: 2min read
Bitcoin Crypto Market Altcoins BCH ETH XRP BNB ADA TRX EOS
Advertisement
  • The total crypto market cap is declining and it could soon test the $200.0B support area.
  • Bitcoin price is down 3% and it broke the main $8,000 support area.
  • Binance coin (BNB) price broke the key $18.00 support and it might revisit $17.20.
  • Litecoin (LTC) price is down around 5% and it is approaching the $50.00 support zone.
  • BCH price is testing the main $215 support level, below which it could slide sharply.
  • Tron (TRX) price is extending losses below the $0.0152 and $0.0150 support levels.

The crypto market cap and bitcoin (BTC) are showing bearish signs. Ethereum (ETH), litecoin, ripple, BCH, TRX, XLM, BNB and EOS are likely to extend losses.

Bitcoin Cash Price Analysis

BCH price failed to clear the $230 resistance area and recently declined sharply lower against the US Dollar. The BCH/USD pair traded below the $220 level and it is currently testing the key $215 support. If there are more losses, the price could test the next major support near the $200 level.

On the upside, an initial resistance is near the $220 level, above which the price could recover towards the $230 resistance area in the near term.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis

Binance coin (BNB) price started a fresh decline after it spiked above the $19.00 level. BNB is down more than 5% and it broke the key $18.00 support area. The price is currently trading below $18.00 and it recently tested the $17.60 support area. Going forward, a break above $18.00 is needed for a fresh increase.

Litecoin price failed to continue higher and declined below the $56.50 and $55.00 support levels. LTC price is now approaching the $51.00 and $50.00 support levels, where the bulls might take a stand. On the upside, the previous support near $55.00 may now act as a strong resistance.

Tron price trimmed most its gains and declined sharply below the $0.0160 support area. TRX price even broke the $0.0150 support area and it is currently down more than 6%. The next key support is near $0.0145, below which it could even test the $0.0140 support area.

Bitcoin Crypto Market Altcoins ETH XRP EOS BNB TRX ADA LTC

Looking at the total cryptocurrency market cap 4-hours chart, there was a downside break below the $215.0B support area and the 100 SMA. The market cap declined towards the $205.0B support and it is currently in the negative zone. If there are more downsides, the market cap could test the $200.0B support. A break below the $200.0B support could trigger a nasty decline in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins in the near term.

Tags: ADABCHBitcoin CashBNBbtcCardanoeosLitecoinltcTRONTRX
TweetShare22
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Aayush Jindal

Aayush Jindal

Aayush is a Senior Forex, Cryptocurrencies and Financial Market Strategist with a background in IT and financial markets. He specialises in market strategies and technical analysis, and has spent over a DECADE as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the currency, commodities, Bitcoin and Ethereum markets.

Related Posts

Ripple (XRP)

Charted: Ripple (XRP) Consolidates Gains, Why Rally Isn’t Over Yet

10 hours ago
Bitcoin

TA: Bitcoin Steadies Above $59K, Here’s How Bulls Could Aim Fresh Rally

13 hours ago
Bitcoin

Why Bitcoin Price Is Gearing For Another Lift-Off To New ATH

1 day ago
Bitcoin

Crypto Analyst Expects “Escape Velocity” When Bitcoin Breaks $60K. Here’s Why

3 days ago
Bitcoin

TA: Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Resume Uptrend

4 days ago
bitcoin cycle top

Crypto CEO “Convinced” Of Bitcoin Cycle Top, Warns Of Sell Side Intensity

4 days ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
Bybit

Bybit

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Top ICOs

Student Coin

Student Coin

Review · Visit

Token sale

Holdefi

Holdefi

Review · Visit

Press Releases

Blockchain Goes Mainstream With Rowan Energy

April 12, 2021

Two Leading Russian Media and PR Agencies United Into One Full Cycle Advertising Agency

April 9, 2021

Southampton FC Extend Partnership Deal with Blockchain Leader the Coingaming Group

April 9, 2021

Newsletter Signup


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.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Invest BTC
  • Join STC ICO

© 2020 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.