RATE Group | Crypto Market Extend Gains: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis
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Crypto Market Extend Gains: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis

19 Dec Crypto Market Extend Gains: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis

Posted at 07:26h in Bitcoin News by

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Key Points

  • The total crypto market cap climbed higher and broke the $120.00B resistance.
  • Litecoin (LTC) price rallied recently and broke the $30 resistance level.
  • Bitcoin cash price surged more than 25% and cleared the $110 resistance.
  • Tron (TRX) rallied above the $0.0140 and $0.0150 resistance levels.
  • Cardano (ADA) price extended gains above the $0.0350 resistance.

Bitcoin cash rallied recently above $100 and $115. Litecoin (LTC), Tron (TRX), EOS and Cardano (ADA) are gaining pace and they might continue to move higher.

Bitcoin Cash Price Analysis

Bitcoin cash price formed a solid support near the $80 level this past week and later recovered above $90. The upside move was positive as the BCH/USD pair broke the $100 resistance as well. It gained more than 25% in the past few hours and broke the $115 resistance.

On the upside, the next resistance is at $120, above which it could test the $125 resistance. On the downside, an initial support is at $110, below which the price may find strong…

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