Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC), Cardano (ADA), Stellar (XLM), TRON (TRX) Price Summary (11th June 2018)

Key Highlights

  • Bitcoin price has declined against the US dollar today.
  • There is a short-term bearish trend line forming with resistance at 6810.35 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 declined against the US dollar today. As of now, the pair is trading at 6752.5 USD and might grow soon. The current dip is primarily because of the crypto exchanges which have been hacked lately. Recovery from the dip wouldn’t take much time.

Source: TradingView

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

Major Support Level – 6706.63 USD

Major Resistance Level – 6870.15 USD

Key Highlights

  • The price of Ethereum against the dollar has declined today.
  • There is a short-term bearish trend line forming with resistance at 533.04 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 declined in the last 24 hours. As of now, the cryptocurrency is being traded at 527.19 USD and might grow soon because of the decline of ETH prices is due to the massive selloff which took place when Coinrail was hacked. ETH would recover soon.

ETH Price Chart 11/06/18
Source: TradingView

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

Major Support Level – 511.89 USD

Major Resistance Level – 539.99 USD

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 0.582264 USD on the hourly chart of the XRP/USD pair.
  • We predict that the pair would decline further.

The XRP price against the US dollar has declined in the last 24 hours. As of now, the cryptocurrency is being traded at 0.57000 USD and might decline further due to the lawsuit filed by Vladi Zakinov against Ripple Labs, Brad Garlinghouse, XRP II and 25 others alleging Ripple to be a security under California law.

XRP Price Chart 11/06/18
Source: TradingView

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

Major Support Level – 0.561237 USD

Major Resistance Level – 0.598597 USD

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 939.28 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 917.0 USD and might grow soon since it has been added as the second cryptocurrency on SBI Virtual Currency, which is SBI Group’s cryptocurrency exchange.

BCH Price Chart 11/06/18
Source: TradingView

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

Major Support Level – 909.61 USD

Major Resistance Level – 978.10 USD

  • The EOS/USD pair has declined today.
  • There is a short-term bearish trend line forming with resistance at 11.14 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 10.7080 USD and might decline further since the cryptocurrency has seen a great deal of decline ever since the late Mainnet launch.

EOS Price Chart 11/06/18
Source: TradingView

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

Major Support Level – 10.56 USD

Major Resistance Level – 12.36 USD

  • The price of Litecoin has declined against the US dollar today.
  • There is a short-term bearish trend line forming with resistance at 107.19 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 104.76 USD and might grow soon since the #PayWithLitecoin movement—which was almost dying recently—has started gaining momentum again.

LTC Price Chart 11/06/18
Source: TradingView

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

Major Support Level – 104.08 USD

Major Resistance Level – 108.85 USD

Key Highlights

  • The price of Cardano has declined today.
  • There is a short-term bearish trend line forming with resistance at 0.173482 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 0.167745 USD and would grow soon because of the new crypto regulatory frameworks announced by the Canadian government.

ADA Price Chart 11/06/18
Source: TradingView

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

Major Support Level – 0.171071 USD

Major Resistance Level – 0.184350 USD

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 0.248090 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 0.238780 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 11/06/18
Source: TradingView

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

Major Support Level – 0.242728 USD

Major Resistance Level – 0.256520 USD

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 0.047340 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 0.045900 USD and might grow soon due to the hype being created around the migration of old TRX tokens with the new ones—which would be done by 21st June.

TRX Price Chart 11/06/18
Source: TradingView

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

Major Support Level – 0.045859 USD

Major Resistance Level – 0.050441 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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