Bitcoin And Crypto Market Cap Near Key Juncture: BCH, XLM, EOS, TRX Analysis

Bitcoin (BTC) and the crypto market cap are currently approaching key resistances. Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, ripple, and tron (TRX) might struggle to continue higher.

Bitcoin Cash Price Analysis

Recently, BCH price corrected lower from the $235 resistance area against the US Dollar. The BCH/USD pair traded below the $225 level and tested the $220 support. The price is now consolidating and it seems like it could rise again towards the $235 resistance area in the near term.

On the downside, the key support is near the $220 level. If there are more downsides, the price could test the $205 and $200 support levels.

Stellar (XLM), EOS and Tron (TRX) Price Analysis

EOS price corrected lower below the $3.000 level and tested the $2.850 support area. The price is moving higher once again and it about to break the $3.000 resistance area. If the bulls remain in action, the price may perhaps revisit the $3.100 resistance. The next key resistance is near the $3.250 level. Read More...