Price analysis of Bitcoin (BTC), Litecoin (LTC), Tron (TRX) and Cardano (ADA): The coins are holding strong.

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Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

Bitcoin Cash (BCH) PRICE ANALYSIS

At the time of writing this article Bitcoin Cash (BCH) was trading at $408.30 against the United States Dollar (USD). The coin was also showing a positive growth of 0.87 percent. The market cap of the coin was $7,265,284,860 United States Dollar (USD) and the 24 hours trading volume was $2,556,002,010 United States Dollar (USD). The coin trading very well and has fixed itself above the $400 range rising from a low level of $350. The next resistance level that the coin is to meet is $410 followed by $415. If the market supports the coin, then it can cross the $415 resistance level and meet further resistance levels of $430 and $440. But there is a catch; if the coin falls below the $400 mark then it has a support level way below at $385.

Tron (TRX) PRICE ANALYSIS

At the time of writing this article Tron (TRX) was trading at $0.0291 against the United States Dollar (USD). The coin was also showing a positive growth of 3.03 percent. The market cap of the coin was $1,940,788,610 United States Dollar (USD) and the 24 hours trading volume was $712,793,268 United States Dollar (USD). Tron (TRX) is holding the support level of $0.0256 and $0.0270 and the resistance level it is facing is $0.0292 and $0.0295 against the United States Dollar (USD).

Litecoin (LTC) PRICE ANALYSIS

At the time of writing this article Litecoin (LTC) was trading at $90.8 against the United States Dollar (USD). The market cap of the coin was $5,620,483,844 United States Dollar (USD) and the 24 hours trading volume was $3,389,849,770 United States Dollar (USD). Litecoin (LTC) crossed the resistance level of $88 reaching its present value. And the next resistance level it is facing is $92 and $95.

Cardano (ADA) PRICE ANALYSIS

At the time of writing this article Cardano (ADA) was trading at $0.08 against the United States Dollar (USD). The coin was also showing a positive growth of 1.84 percent. The market cap of the coin was $2,189,025,321 United States Dollar (USD) and the 24 hours trading volume was $124,046,921 United States Dollar (USD). Cardano (ADA) is facing resistance level at $0.085 and the next resistances it will be facing will be at $0.0880 and $0.09.

If we look at the overall situation of the market then we see that the bullish trend is forming. The different digital currencies are expected d to perform well. Let us see how the different coin capitalizes on this bullish trend.

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