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Wednesday, August 15, 2018
Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC), Cardano (ADA), Stellar (XLM), TRON (TRX) Price Summary (12th June 2018)
Data & Research

Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC), Cardano (ADA), Stellar (XLM), TRON (TRX) Price Summary (12th June 2018)

Bitcoin (BTC)

Key Highlights

  • Bitcoin price has grown against the US dollar today.
  • There is a short-term bullish trend line forming with resistance at 6826.6 USD on the hourly chart of the BTC/USD pair.
  • We predict that the pair would grow further.

The price of the BTC/USD pair has grown against the US dollar today. As of now, the pair is trading at 6820.0 USD and might grow further. As predicted yesterday, the BTC/USD pair has started recovering from the decline already.

BTC Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for BTC/USD is bearish.

Major Support Level – 6731.88 USD

Major Resistance Level – 6910.18 USD

Ethereum (ETH)

Key Highlights

  • The price of Ethereum against the dollar has grown today.
  • There is a short-term bullish trend line forming with resistance at 535.99 USD on the hourly chart of the ETH/USD pair.
  • We predict that the pair would grow further.

The ETH price against the US dollar has grown in the last 24 hours. As of now, the cryptocurrency is being traded at 529.81 USD and might grow soon because ETH has started recovering from the decline caused by the massive selloff which took place when Coinrail was hacked.

ETH Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for ETH/USD is bullish.

Major Support Level – 515.27 USD

Major Resistance Level – 538.96 USD

Ripple (XRP)

Key Highlights

  • The price of Ripple has grown against the US dollar today.
  • There is a short-term bullish trend line forming with resistance at 0.594673 USD on the hourly chart of the XRP/USD pair.
  • We predict that the pair would grow further.

The XRP price against the US dollar has grown in the last 24 hours. As of now, the cryptocurrency is being traded at 0.58388 USD and might grow further since Coinmama has announced the addition of Ripple on its platform.

XRP Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for XRP/USD is bearish.

Major Support Level – 0.574025 USD

Major Resistance Level – 0.604066 USD

Bitcoin Cash (BCH)

Key Highlights

  • The price of Bitcoin Cash has declined in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 941.82 USD on the hourly chart of the BCH/USD pair.
  • The price of BCH/USD pair would grow soon.

The BCH price against the US dollar has declined in the last 24 hours. As of now, the pair is being traded at 912.5 USD and might grow soon since the cryptocurrency is turning head due to the news about Chris Pacia who performed the first atomic bet using the OP_Codes of BCH network.

BCH Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for BCH/USD is bearish.

Major Support Level – 919.97 USD

Major Resistance Level – 963.50 USD

EOS (EOS)

  • The EOS/USD pair has declined today.
  • There is a short-term bearish trend line forming with resistance at 11.15 USD on the hourly chart of the EOS/USD pair.
  • We predict that the pair would decline further.

The EOS price against the US dollar has declined today. As of now, the pair is trading at 10.5000 USD and might decline further because of the cryptocurrency transferring from Ethereum to its own Mainnet which is leading to a lot of confusion in the market.

EOS Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for EOS/USD is bearish.

Major Support Level – 10.90 USD

Major Resistance Level – 11.64 USD

Litecoin (LTC)

  • The price of Litecoin has declined against the US dollar today.
  • There is a short-term bearish trend line forming with resistance at 107.09 USD on the hourly chart of the LTC/USD pair.
  • We predict that the pair would grow soon.

The LTC price against the US dollar has declined in the last 24 hours. As of now, the cryptocurrency is being traded at 104.95 USD and might grow soon Surf Air, the first private air travel club of its kind has now started accepting Litecoin (LTC) for its services.

LTC Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for LTC/USD is bearish.

Major Support Level – 104.48 USD

Major Resistance Level – 108.06 USD

Cardano (ADA)

Key Highlights

  • The price of Cardano has declined today.
  • There is a short-term bearish trend line forming with resistance at 0.176908 USD on the hourly chart of the ADA/USD pair.
  • We predict that the pair would grow soon.

The ADA price against the US dollar has declined in the last 24 hours. The pair is currently being traded at 0.168764 USD and would grow soon because the technical indicators show a positive growth for the cryptocurrency.

ADA Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for ADA/USD is bearish.

Major Support Level – 0.170358 USD

Major Resistance Level – 0.182888 USD

Stellar (XLM)

Key Highlights

  • Stellar has declined against the US dollar in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 0.250798 USD on the hourly chart of the XLM/USD pair.
  • We predict that the pair would grow soon.

The XLM/USD pair has declined today. It is now being traded at 0.240100 USD and is expected to grow soon since YOVO, world’s first cryptocurrency mobile phone network, chose to use the Stellar (XLM) network. This has stirred up the interests of a lot of people.

XLM Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for XLM/USD is bearish.

Major Support Level – 0.242545 USD

Major Resistance Level – 0.256482 USD

TRON (TRX)

Key Highlights

  • The price of TRON has declined against the US dollar in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 0.047313 USD on the hourly chart of the TRX/USD pair.
  • We predict that the pair would grow soon.

The TRX price against the US dollar has declined in the last 24 hours. It is currently being traded at 0.045614 USD and might grow soon due to the hype being created around the acquisition of BitTorrent by the TRON Foundation.

TRX Price Chart 12/06/18
Source: TradingView

Hourly MACD – The hourly MACD for TRX/USD is bearish.

Major Support Level – 0.046122 USD

Major Resistance Level – 0.048885 USD

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*This is only an estimated view and not financial gospel. Please invest at your own discretion*

Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.