News & Politics 

News: Crypto Market Cap & Bitcoin Drop Sharply: BCH, Litecoin, ADA, TRX Analysis

For the most complete data on all crypto currencies check: https://coincheckup.com | The crypto research platform.

Full credits for this video to NewsBTC who listed the info in this video on an article on their website:
https://www.newsbtc.com/?s=Crypto%20Market%20Cap%20%26%20Bitcoin%20Drop%20Sharply%3A%20BCH%2C%20Litecoin%2C%20ADA%2C%20TRX%20Analysis

——–

Crypto tags:

#BitcoinNews#BitcoinCashNews#CardanoNews#LitecoinNews #CryptoNews

——–

Transcript:

0:00:00 Crypto Market Cap & Bitcoin Drop Sharply: BCH, Litecoin, ADA, TRX Analysis

0:00:07 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.

0:00:13 The total crypto market cap started a strong decline below the $255.0B support.

0:00:19 Bitcoin price is down around 4% and it recently broke the $10,000 support area.

0:00:25 Litecoin price is correcting gains and is trading below the $75.00 support area.

0:00:31 Tron price is correcting gains and is approaching the $0.0165 support level.

0:00:37 Cardano price is testing the $0.0500 level, with a minor bearish angle.

0:00:44 Bitcoin and the crypto market cap are declining sharply.

0:00:47 Ethereum, LTC, BCH, EOS, cardano, ripple, TRX, XLM and BNB are currently correcting gains.

0:00:56 Bitcoin cash price traded above the $320 level against the US Dollar.

0:01:01 However, the BCH/USD pair failed to gain traction above the $325 resistance level and recently started a downside correction.

0:01:10 The price is down around 4% and it seems like it could soon test the $305 support level.

0:01:17 On the upside, the $320 level is an initial resistance.

0:01:21 Litecoin price recovered nicely above the $72.00 and $75.00 resistance levels.

0:01:28 However, LTC price failed to continue higher and it is currently correcting gains.

0:01:33 It is trading below the $75.00 level and it seems like it could test the $72.00 support in the near term.

0:01:40 Tron price is facing a strong resistance near the $0.0172 level.

0:01:45 TRX price is currently correcting recent gains and is approaching the $0.0165 support area.

0:01:53 If there are more downsides, the price could continue to slide towards the $0.0162 support area.

0:02:00 On the upside, the price might struggle near $0.0170 and $0.0172 in the near term.

0:02:09 Cardano price managed to climb above the $0.0500 resistance area.

0:02:15 However, ADA price is struggling to break the $0.0520 resistance and it is currently correcting lower.

0:02:22 If it breaks the $0.0500 support, it could resume its decline in the coming sessions.

0:02:29 Thanks for checking this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.

——–

Other Credits:
Background music: [No Copyright Music] Inner Peace by Mike Chino
https://soundcloud.com/search?q=Mike%20Chino
Creative Commons – Ask Mike Chino for permission if you want to use this song.
Music promoted by Audio Library https://www.youtube.com/channel/UCht8qITGkBvXKsR1Byln-wA
* Created with https://content2video.com technology | Creating videos out of your data.

Related posts

Leave a Comment