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Saturday, August 18, 2018
Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC), Cardano (ADA), Stellar (XLM), TRON (TRX) Price Summary (14th 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 (14th 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 6467.20 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 6380.7 USD and might grow further because William Shatner has taken the initiative of trying to mine Bitcoin using solar power—which is turning heads.

BTC Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 6288.32 USD

Major Resistance Level – 6559.71 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 478.37 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 461.87 USD and might grow further because Code to Inspire, a non-profit organization teaching coding to females in Afghanistan, has collaborated with The Bounties Network to provide students ETH against the vulnerabilities they fix.

ETH Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 468.84 USD

Major Resistance Level – 492.24 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 0.542853 USD on the hourly chart of the XRP/USD pair.
  • We predict that the pair would decline soon.

The XRP price against the US dollar has grown in the last 24 hours. As of now, the cryptocurrency is being traded at 0.52866 USD and might grow further since Ripple’s Chief cryptographer, David Schwartz, said that the cryptocurrency is not scalable enough to be used in banks. This is bound to have a negative effect on XRP.

XRP Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 0.518274 USD

Major Resistance Level – 0.557025 USD

Bitcoin Cash (BCH)

Key Highlights

  • The price of Bitcoin Cash has grown in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 855.42 USD on the hourly chart of the BCH/USD pair.
  • The price of BCH/USD pair would grow further.

The BCH price against the US dollar has grown in the last 24 hours. As of now, the pair is being traded at 845.9 USD and might grow soon as per the technical indicators.

BCH Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 820.40 USD

Major Resistance Level – 877.05 USD

EOS (EOS)

  • The EOS/USD pair has grown today.
  • There is a short-term bullish trend line forming with resistance at 10.17 USD on the hourly chart of the EOS/USD pair.
  • We predict that the pair would decline soon.

The EOS price against the US dollar has declined today. As of now, the pair is trading at 9.9608 USD and might decline further because even after the launch of the Mainnet, the EOS network has a lot of vulnerabilities which need to be fixed. As they are surfacing now, it is highly probable that the EOS prices might drop.

EOS Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 9.73 USD

Major Resistance Level – 10.52 USD

Litecoin (LTC)

  • The price of Litecoin has grown against the US dollar today.
  • There is a short-term bullish trend line forming with resistance at 95.88 USD on the hourly chart of the LTC/USD pair.
  • We predict that the pair would grow further.

The LTC price against the US dollar has declined in the last 24 hours. As of now, the cryptocurrency is being traded at 94.77 USD and might grow further because Paxos, a licensed trust company has been authorized to add Litecoin.

LTC Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 91.94 USD

Major Resistance Level – 98.08 USD

Cardano (ADA)

Key Highlights

  • The price of Cardano has grown today.
  • There is a short-term bullish trend line forming with resistance at 0.163249 USD on the hourly chart of the ADA/USD pair.
  • We predict that the pair would grow further.

The ADA price against the US dollar has grown in the last 24 hours. The pair is currently being traded at 0.161535 USD and would grow soon because the technical indicators show a positive growth for the cryptocurrency.

ADA Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 0.153819 USD

Major Resistance Level – 0.176521 USD

Stellar (XLM)

Key Highlights

  • Stellar has grown against the US dollar in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 0.229416 USD on the hourly chart of the XLM/USD pair.
  • We predict that the pair would grow further.

The XLM/USD pair has grown today. It is now being traded at 0.225000 USD and might grow further since New York financial regulations have approved Stellar Lumens (XLM) to trade on the itBit exchange. This is the first time that XLM has been given the green light.

XLM Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 0.218822 USD

Major Resistance Level – 0.236679 USD

TRON (TRX)

Key Highlights

  • The price of TRON has grown against the US dollar in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 0.042491 USD on the hourly chart of the TRX/USD pair.
  • We predict that the pair would grow further.

The TRX price against the US dollar has grown in the last 24 hours. It is currently being traded at 0.042466 USD and might grow soon due to the hype being created around the launch of TRON Chrome Wallet v1.70 which was announced by Justin Sun today.

TRX Price Chart 14/06/18
Source: TradingView

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

Major Support Level – 0.040184 USD

Major Resistance Level – 0.044991 USD

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

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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.