Since the jump was largely based on the Bitcoin price rallying towards eleven thousand dollars ($11,000) mark an immediate correction with Bitcoin was also imminent.
Bitcoin Cash – BCH price analysis
Bitcoin Cash price jumped up as high as five hundred dollars ($500) mark but wasn’t able to sustain it like it’s elder brother the Bitcoin.
Bitcoin Cash price has been trading between four hundred sixty and four hundred eighty dollars ($470-$480) whereas the lower support is still found near four hundred fifty-five dollars ($455).
The higher end support levels are found near four hundred and eighty-four dollars ($484). At the time of publishing, BCH is trading at four hundred and eighty-two dollars ($482).
Cardano – ADA Price Analysis
Cardano ADA price has also been fluctuating for quite some time looking to break through to the $0.1 mark, but to no avail so far.
ADA price has been hovering between $0.093 and $0.099 throughout the day on 24th of June unable to break the resistance above that.
ADA price, however, remained above the $0.094 whereas, hurdles are lingering on levels above $0.096.
Cryptomarket booming to new highs
Taking a look at the total cryptocurrency market cap statistics, there has been a strong rally above the two hundred and ninety billion dollars ($290.0B) and three hundred billion dollars ($300.0B) resistance levels.
The market cap even surpassed the $315.0B level and climbed towards the $325.0B level.