{"id":368728,"date":"2019-01-21T06:00:21","date_gmt":"2019-01-21T06:00:21","guid":{"rendered":"https:\/\/wncen.com\/?p=368728"},"modified":"2024-06-11T13:33:05","modified_gmt":"2024-06-11T13:33:05","slug":"crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/","title":{"rendered":"Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis"},"content":{"rendered":"<ul>\n<li>The total crypto market cap made a sharp U-turn and declined below the $115.00 support.<\/li>\n<li>EOS price is down around 5% and it broke the $2.45 and $2.40 support levels.<\/li>\n<li>Bitcoin cash price is under pressure and it recently broke the $125 support level.<\/li>\n<li>Tron (TRX) price failed to stay above the $0.0250 support and it could revisit $0.0220.<\/li>\n<li>Cardano (ADA) price declined more than 6% below the $0.0450 support level.<\/li>\n<\/ul>\n<p><em>Bitcoin and the whole crypto market fell sharply in the past few hours. <a href=\"https:\/\/wncen.com\/2019\/01\/20\/bitcoin-price-weekly-analysis-btc-could-accelerate-gains-above-3850\/\" target=\"_blank\" rel=\"noopener \">BTC<\/a>, Ethereum, <a href=\"https:\/\/wncen.com\/2019\/01\/21\/ripple-price-analysis-xrp-poised-to-break-0-3000-support\/\" target=\"_blank\" rel=\"noopener \">ripple<\/a>, EOS, BCH, ADA and altcoins are currently under a lot of selling pressure.<\/em><\/p>\n<h2>Bitcoin Cash Price Analysis<\/h2>\n<p>Bitcoin cash price failed to stay above the $130 support level and recently started a sharp decline against the US Dollar. BCH\/USD declined below the $126 and $125 support levels to move into a bearish zone. The price is down around 5.5% and it may continue to move lower towards the $120 or $118 support levels.<\/p>\n<p>If there is an upside correction, the previous supports near the $125 and $126 levels may now act as barriers for buyers in the near term.<\/p>\n<h2>EOS, Tron (TRX) and ADA Price Analysis<\/h2>\n<p>EOS price is down around 5% after it failed to gain pace above the $2.65 resistance. The price declined below the $2.50 and $2.40 support levels. The next key support is at $2.30 where buyers are likely to emerge.<\/p>\n<p>Tron price trimmed most of its <a href=\"https:\/\/wncen.com\/2019\/01\/18\/crypto-market-update-eos-bitcoin-cash-tron-trx-iota-price-analysis\/\" target=\"_blank\" rel=\"noopener \">recent gains<\/a> and declined below the $0.0260 and $0.0250 support levels. TRX price is down 3.5% and it seems like it may continue to decline towards the $0.0220 support.<\/p>\n<p>Cardano price fell more than 6% after it broke the $0.0460 support. ADA price is now trading near the $0.0430 level, with an immediate support at $0.0420. The next major support is at $0.0412, followed by $0.0405.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-368729\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-10.png?resize=1828%2C869\" alt=\"Crypto Market Cap  BTC, Ethereum, ripple, EOS, BCH, ADA \" width=\"1828\" height=\"869\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-10.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-10.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-10.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-10.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-10.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-10.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/01\/Crypto-Market-Cap-Total-10.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the total cryptocurrency market cap hourly <a href=\"https:\/\/www.tradingview.com\/symbols\/XBTUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">chart<\/a>, there was a sharp downside reaction from well above the $122.00B level. The market cap dipped sharply below the $120.00B support and a major bullish trend line on the same chart. It opened the doors for more losses and the market cap reached the $112.00B support level. There may be a short term correction, but upsides in BTC, <a href=\"https:\/\/wncen.com\/2019\/01\/21\/ethereum-price-analysis-eth-sinks-below-key-support-could-extend-losses\/\" target=\"_blank\" rel=\"noopener \">ETH<\/a>, tron, litecoin, EOS, ripple, XLM, IOTA and other altcoins remain capped.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total crypto market cap made a sharp U-turn and declined below the $115.00 support. EOS price is down around 5% and it broke the $2.45 and $2.40 support levels. Bitcoin cash price is under pressure and it recently broke the $125 support level. Tron (TRX) price failed to stay above the $0.0250 support and it could revisit $0.0220. Cardano (ADA) price declined more than 6% below the $0.0450 support level. Bitcoin and the whole crypto market fell sharply in the past few hours. BTC, Ethereum, ripple, EOS, BCH, ADA and altcoins are currently under a lot of selling pressure. Bitcoin Cash Price Analysis Bitcoin cash price failed to stay above the $130 support level and recently started a sharp decline against the US Dollar. BCH\/USD declined below the $126 and $125 support levels to move into a bearish zone. The price is down around 5.5% and it may continue to move lower towards the $120 or $118 support levels. If there is an upside correction, the previous supports near the $125 and $126 levels may now act as barriers for buyers in the near term. EOS, Tron (TRX) and ADA Price Analysis EOS price is down around 5% after it failed to gain pace above the $2.65 resistance. The price declined below the $2.50 and $2.40 support levels. The next key support is at $2.30 where buyers are likely to emerge. Tron price trimmed most of its recent gains and declined below the $0.0260 and $0.0250 support levels. TRX price is down 3.5% and it seems like it may continue to decline towards the $0.0220 support. Cardano price fell more than 6% after it broke the $0.0460 support. ADA price is now trading near the $0.0430 level, with an immediate support at $0.0420. The next major support is at $0.0412, followed by $0.0405. Looking at the total cryptocurrency market cap hourly chart, there was a sharp downside reaction from well above the $122.00B level. The market cap dipped sharply below the $120.00B support and a major bullish trend line on the same chart. It opened the doors for more losses and the market cap reached the $112.00B support level. There may be a short term correction, but upsides in BTC, ETH, tron, litecoin, EOS, ripple, XLM, IOTA and other altcoins remain capped.<\/p>\n","protected":false},"author":67,"featured_media":347590,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[12333,10765,10736,1119,12332,10598,11808,11993],"class_list":["post-368728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ada","tag-bch","tag-bitcoin-cash","tag-btc","tag-cardano","tag-eos","tag-tron","tag-trx"],"acf":[],"yoast_head":"\n<title>Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis<\/title>\n<meta name=\"description\" content=\"Bitcoin and the whole crypto market fell sharply in the past few hours. 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BTC, Ethereum, ripple, EOS, BCH, ADA and altcoins are currently under a lot of selling pressure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-21T06:00:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:33:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-alts3.jpg?fit=1200%2C600\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis\",\"datePublished\":\"2019-01-21T06:00:21+00:00\",\"dateModified\":\"2024-06-11T13:33:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/\"},\"wordCount\":363,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-alts3.jpg?fit=1200%2C600\",\"keywords\":[\"ADA\",\"BCH\",\"Bitcoin Cash\",\"btc\",\"Cardano\",\"eos\",\"TRON\",\"TRX\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/\",\"url\":\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/\",\"name\":\"Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-tumbles-eos-tron-trx-bitcoin-cash-ada-price-analysis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-alts3.jpg?fit=1200%2C600\",\"datePublished\":\"2019-01-21T06:00:21+00:00\",\"dateModified\":\"2024-06-11T13:33:05+00:00\",\"description\":\"Bitcoin and the whole crypto market fell sharply in the past few hours. 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