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: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report
  • 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: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

Bitcoin & Crypto Market Approaching Crucial Break: LTC, BNB, BCH, TRX Analysis

Aayush Jindal
Aayush Jindal
Last Updated: June 11, 2024 12:53 pm
2 mins read
technical analysis altcoins

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 forming a major breakout pattern with resistance near $195.0B.
  • Bitcoin price is slowly rising and it seems like it could climb above the $7,400 resistance.
  • Binance coin (BNB) price is holding the $15.00 support and it is correcting higher.
  • Litecoin (LTC) price is attempting a break above the $45.50 resistance area.
  • BCH price is slowly recovering and it could revisit the $220 resistance area.
  • Tron (TRX) price is now trading well below the $0.0150 resistance level.

Bitcoin (BTC) and the crypto market cap are approaching next crucial break. Ethereum (ETH), litecoin, ripple, BCH, XLM, TRX, BNB, and EOS are holding key supports.

Bitcoin Cash Price Analysis

After a strong rejection near the $225 resistance, bitcoin cash price declined below $215 against the US Dollar. BCH price tested the $205 support area and started trading in a range. It is currently rising slowly towards the $215 and $220 levels.

The main resistance on the upside is near the $225 level, above which the price could surge towards $240 and $250. On the downside, the $200 support holds the key in the near term.

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

Binance coin (BNB) remained well bid above the $15.00 support area. BNB price is currently correcting higher and trading near $15.50. If it continues to rise, the $16.00 resistance area might spoil the recovery. A clear break above $16.00 is needed for upside continuation.

Litecoin price is holding the $43.50 support area, but at the same time trading below many key resistances. The first key resistance is near the $45.50 level, above which LTC price could recover towards the next major resistance near the $48.00 level. The main resistance is still near the $50.00 level.

Tron price declined recently below the $0.0145 support and tested the $0.0140 support area. TRX price is currently consolidating, with an immediate resistance near the $0.0145 level. On the downside, a close below the $0.0140 support could lead the price towards $0.0132 or $0.0130 in the coming days.

Crypto Market Cap Bitcoin
Crypto Market Cap

Looking at the total cryptocurrency market cap 4-hours chart, the $186.0B area is acting as a strong support. Similarly, there are many key hurdles near $195.0B and $200.0B. At the moment, it seems like there is a major breakout pattern forming with resistance near the $192.0B level.

If there is a clear break above the $192.0B and $195.0B resistance, the crypto market cap could start a decent upward move. If not, there could be another bearish reaction in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins in the near term.

Tweet123Share212ShareSend
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

Bitcoin Price Lags Network Utility: A Valuation Reset Is Underway

Bitcoin Price Lags Network Utility: A Valuation Reset Is Underway

Bitcoin continues to struggle below the $90,000 level as volatility remains elevated and market conviction weakens. Short-term price swings have...

Sebastian Villafuerte 5 hours ago
Solana price prediction Anthony Scaramucci

$2,500 Solana? Scaramucci Says The Setup Is Already In Motion

SkyBridge Capital founder Anthony Scaramucci said he still sees a path to Solana reaching $2,500 over a five-to-ten-year horizon, arguing...

Jake Simmons 6 hours ago

CoinPoker冬季嘉年華正式啟動1,000萬美元保證獎池

CoinPoker正式宣布推出平台史上規模最大的撲克錦標賽系列CoinPoker冬季嘉年華。本次冬季嘉年華總保證獎池高達1,000萬美元,賽期自12月26日延續至1月26日,完整橫跨聖誕節撲克錦標賽與...

newsbtc 7 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

Bitcoin price

Citi Analysts Project Bitcoin Price Could Reach $189,000 Next Year In Bullish Scenario

Ronaldo Marquez 1 hour ago
Bitcoin

Bitcoin Recent Dips Reveal Market Structure Issue Not Coming From Selling Pressure

Godspower Owie 2 hours ago
Ethereum

Ethereum Exchange Supply Just Crashed To New Lows, Why This Is Bullish For Price

Scott Matherson 3 hours ago

Premium Sponsors

Press Releases

  • ドージコイン今後の価格予測:クジラが一夜で1億3,800万枚を蓄積、急騰の兆しはあるのか

    ...

    11 hours ago
  • リップル 今後の見通し:アナリストがXRPのクリスマス相場を予測、注目集まる新型プレセール動向

    リップル...

    11 hours ago
  • 仮想通貨 プレセール分析:割当動向から読み解く次世代カルダノ系プロジェクト

    仮想通貨...

    11 hours ago
  • 仮想通貨 おすすめ議論が注目する保有者分布と新興ミーム系トークンの動向

    仮想通貨...

    11 hours ago
  • 新しい仮想通貨がミーム市場で急浮上、バイラル拡散を狙う次の注目銘柄

    ...

    11 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.