Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC), Cardano (ADA), Stellar (XLM), TRON (TRX) Price Summary (9th June 2018)
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Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC), Cardano (ADA), Stellar (XLM), TRON (TRX) Price Summary (9th 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 7619.09 USD on the hourly chart of the BTC/USD pair.
  • We predict that the pair would grow soon.

The price of the BTC/USD pair has grown against the US dollar today. As of now, the pair is trading at 7589.1 USD and might grow soon because of the details of Thailand’s regulatory framework unveiled by Thailand’s Securities and Exchange Commission. The reason why it is influential on the prices of BTC is the fact that BTC is one of the only 7 cryptocurrencies which Thailand would be allowing to be used for participating in ICOs.

BTC Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 7592.85 USD

Major Resistance Level – 7683.58 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 605.53 USD on the hourly chart of the ETH/USD pair.
  • We predict that the pair would grow soon.

The ETH price against the US dollar has grown in the last 24 hours. As of now, the cryptocurrency is being traded at 598.68 USD and might grow soon because of the announcement of Bilbao Vizcaya Argentaria Bank (BBVA) migrating to an Ethereum-based educational platform soon.

ETH Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 598.31 USD

Major Resistance Level – 608.58 USD

Ripple (XRP)

Key Highlights

  • The price of Ripple has declined against the US dollar today.
  • There is a short-term bearish trend line forming with resistance at 0.667806 USD on the hourly chart of the XRP/USD pair.
  • We predict that the pair would decline further soon.

The XRP price against the US dollar has grown in the last 24 hours. As of now, the cryptocurrency is being traded at 0.66233 USD and might decline further due to a lawsuit filed by Vladi Zakinov against Ripple Labs Inc., Brad Garlinghouse, and XRP II LLC alleging Ripple to be a security under California law.

XRP Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 0.667806 USD

Major Resistance Level – 0.678893 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 1119.94 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 1102.3 USD and might grow soon due to Thailand’s new framework which enlists BCH to be one of the seven cryptocurrencies investors can use to invest in ICOs.

BCH Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 1104.70 USD

Major Resistance Level – 1137.32 USD

EOS (EOS)

  • The EOS/USD pair has grown today.
  • There is a short-term bullish trend line forming with resistance at 14.34 USD on the hourly chart of the EOS/USD pair.
  • We predict that the pair would grow further.

The EOS price against the US dollar has grown today. As of now, the pair is trading at 14.2940 USD and might grow further due to the Mainnet launch of the cryptocurrency which has been delayed since its original launch date of 1st June 2018.

EOS Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 14.03 USD

Major Resistance Level – 14.82 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 119.70 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 118.74 USD and might grow soon due to Thailand’s announcement that Litecoin would be one of the seven cryptocurrencies one can use to invest in ICOs according to the new crypto regulations.

LTC Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 119.01 USD

Major Resistance Level – 121.03 USD

Cardano (ADA)

Key Highlights

  • The price of Cardano has declined today.
  • There is a short-term bearish trend line forming with resistance at 0.204875 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 0.203114 USD and would grow soon because of all of the new updates being rolled out by the development team of ADA, thus making the cryptocurrency more stable.

ADA Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 0.203347 USD

Major Resistance Level – 0.209668 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 0.285967 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 0.285649 USD and is expected to grow soon because along with six other cryptocurrencies, XLM can be used to invest in ICOs in Thailand according to the latest crypto regulations rolled out by Thailand’s SEC.

XLM Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 0.283384 USD

Major Resistance Level – 0.293927 USD

TRON (TRX)

Key Highlights

  • The price of TRON is has declined against the US dollar in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 0.057821 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 0.057333 USD and might grow soon due to the increase in the reward for finding bugs in the security of the network. The reward for the Bug Bounty program by TRON is now 10 million USD!

TRX Price Chart 09/06/18
Source: TradingView

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

Major Support Level – 0.057577 USD

Major Resistance Level – 0.059221 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.