Crypto Market Remains Strong: Bitcoin Cash, BNB, EOS, TRX Price Analysis
The total crypto market cap grinded higher and tested the $245.0B resistance area.
Bitcoin price is currently consolidating near the $8,000 level.
EOS price broke the $6.30 resistance and it is currently moving towards the $6.40 level.
Binance Coin (BNB) is surging higher and it recently broke the $35.00 resistance.
Bitcoin cash price is trading nicely above the $400 support area.
Tron (TRX) price is slowly moving higher towards the $0.0292 and $0.0295 resistance levels.
Ethereum (ETH) Price Holding Support: Buying Dips Favored
Tuesday June 18, 2019
ETH price is struggling to gain momentum above $275 and $280 against the US Dollar. The price is currently correcting lower towards the $268 and $265 support levels. Yesterday’s highlighted key bullish trend line...
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The crypto market cap is gaining bullish momentum, with positive moves in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB) is surging higher, while BCH, ripple, tron (TRX), litecoin and EOS are consolidating gains.
Bitcoin Cash Price Analysis
After a major downside correction, bitcoin cash price started a fresh increase above the $390 and $400 resistance levels against the US Dollar. The BCH/USD pair settled above the $400 level and it recently tested the $410 resistance area.
The price is currently consolidating and it seems like the price may continue to rise above the $410 and $415 resistance levels. On the downside, the main supports are $402, $400 and $395.
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price climbed above the $6.15 and $6.20 resistance levels. It opened the doors for more gains and the price recently traded above the $6.35 level. The next key resistance is near the $6.45 and $6.50 levels, above which the price could accelerate above the $6.60 level.
Tron price managed to stay above the $0.0265 support level and recently moved above the $0.0272 level. TRX price is currently trading above the $0.0280 level, with many resistances on the upside near $0.0290 $0.0292.
Binance coin (BNB) is performing really well and gaining momentum above the $30.00 and $32.00 levels. BNB price broke the $35.00 level recently and it seems like it could accelerate above the $36.00 level. On the downside, the price may find strong bids near the $34.20 and $33.50 levels.
Crypto Market Holding Uptrend Support: Bitcoin Cash, XLM, EOS, TRX Analysis
Friday June 14, 2019
The total crypto market cap is holding the key $248.0B and $245.0B support levels. Bitcoin price is up more than 1% and it recently broke the $8,200 resistance area. Bitcoin cash price gained a...
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Looking at the total cryptocurrency market cap 4-hours chart, there was a slow and steady rise above the $225.0B and $230.0B levels. The market cap even broke the $240.0B resistance and a major contracting triangle resistance. It moved towards the $245.0 level and it is currently consolidating gains. An initial support is near the $240.0B level, below which the market cap could find support near the $232.0B level. The main support is near the $226.0B level and the triangle lower trend line at $226.5B. The overall technical structure is positive and it seems like the market cap could continue higher towards $245.0B and $250.0B. Therefore, there could be gains in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX.
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Pro or Anti Bitcoin? Crypto Community Divided Amid Facebook Coin Launch
Tuesday June 18, 2019
At long last, Facebook’s inaugural consumer-facing Bitcoin-related (albeit remotely related) project is upon us. To be announced on Tuesday morning, Libra (Reserve) is slated to be a stablecoin tied to a basket of traditional...
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