Crypto Market Jumps $30 Billion: Bitcoin Cash, BNB, EOS, TRX Price Analysis
The total crypto market cap surged higher and broke the key $245.0B resistance area.
Bitcoin price spiked close to 10% and traded towards the $8,800 resistance area.
EOS price tested the $7.00 resistance area and it is currently consolidating gains.
Binance Coin (BNB) is slowly moving higher and it is likely to break the $35.00 resistance.
Bitcoin cash price surged close to the 10% and rallied above the $420 and $440 levels.
Tron (TRX) price is up more than 15% and broke the key $0.0300 resistance area.
Ethereum Rockets Higher By 10% In Wake of $500 Bitcoin Flsah Crash
Thursday September 19, 2019
Volatility is back in crypto markets, that’s for sure. Ethereum (ETH) has rallied by 10% over the past number of hours, managing to somehow overcome a massive flash crash that ailed Bitcoin last night....
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The crypto market cap surged abov $245.0B and $250.0B, with strong gains in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB), BCH, tron (TRX), litecoin, ripple and EOS are gaining strength.
Bitcoin Cash Price Analysis
After successful close above the $400 level, bitcoin cash price climbed higher steadily above the $410 and $415 resistance levels against the US Dollar. The BCH/USD pair even broke the $440 level and traded close to the $445-450 zone. At the moment, the pair is currently consolidating above $440 and it could correct lower towards the $430 level.
On the upside, the main resistance is near the $450 level, above which the pair is likely to accelerate above the $460 and $465 levels.
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price rallied above the $6.50 and $6.55 resistance levels. The price is up around 10% and it is currently trading just below the $7.00 resistance level. A clear break above the $7.00 barrier could push the price towards the $7.20 level.
Tron price started a strong upward move above the $0.0295 and $0.0300 resistance levels. TRX price is up more than 15% and it is currently trading above the $0.0315 level. An immediate resistance is at $0.0320, followed by $0.0325.
Binance coin (BNB) is trading steadily above the $33.20 and $34.00 support levels. BNB price is currently consolidating and it seems like the bulls might attempt to push the price above the $35.00 resistance level in the near term.
Crypto Tidbits: Bakkt Bitcoin Futures Inbound, NASA Hints at Blockchain Ambitions, Libra in Hot Water
Saturday September 21, 2019
Another week, another of Crypto Tidbits. While Bitcoin (BTC) effectively ended the week where it started in terms of price, the underlying market saw a flurry of developments that may only have positive effects on...
Looking at the total cryptocurrency market cap 4-hours chart, there was a major upside break above the key $245.0B and $250.0B resistance levels. The market cap broke a key bearish trend line and rallied above the $255.0B level. It jumped towards the $265.0B level and it is currently correcting lower. An initial support is near the $256.0B level, below which there is a strong support waiting near the $250.0B level. On the upside, a break above the $265.0B level may push the cap towards the $275.0B level in the coming sessions. Overall, the current market sentiment is very bullish for bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX.
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Bitcoin, the Best Performing Asset Ever, is “Still Very Cheap”: Prominent Investor
Sunday September 22, 2019
Bitcoin (BTC) is undoubtedly the best performing asset… ever. MarketWatch reported earlier this year that if one strapping investor put $100 into BTC on July 16th, 2010, that sum would have swelled to over...
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