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

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 towards the $4.000 resistance area. Read More at NewsBTC...


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