Crypto Market and Bitcoin Approaching Resistance: BCH, EOS, TRX, ADA Analysis

Crypto Market and Bitcoin Approaching Resistance: BCH, EOS, TRX, ADA Analysis

 

The total crypto market cap is climbing higher towards the key $272.0B and $275.0B resistance.

Bitcoin price is also approaching the main $10,500 resistance area.

EOS price is up more than 5% and it may soon test the $3.850 resistance area.

BCH price is recovering and it may break the $320 resistance level in the near term.

Tron (TRX) price is up around 8%, but it is still well below the $0.0192 and $0.0200 levels.

Cardano (ADA) price recently recovered above the $0.0500 resistance level.

Bitcoin price and the crypto market cap are approaching major resistances. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple , ADA and BNB are slowly recovering higher. Bitcoin Cash Price Analysis This past week, we saw a sharp decline in bitcoin cash price from well above the $350 level against the US Dollar. The BCH/USD pair broke the $340 and $330 support levels. It even broke $320 and tested the $305 support area. Recently, the price started an upside correction above $310 and is approaching the $320 resistance.If there is an upside correction above $320, the price could start a decent rise towards the $340 resistance. On the downside, the main support is near the $305 level. EOS, Tron (TRX) and ADA Price Analysis EOS price tested the $3.400 support area and recently started an upside correction. The price is currently up around 5% and is trading above the $3.700 level. The main resistance is near $3.850, above which the price could continue to rise […]