{"id":390089,"date":"2019-07-17T05:00:08","date_gmt":"2019-07-17T05:00:08","guid":{"rendered":"https:\/\/wncen.com\/?p=390089"},"modified":"2024-06-11T13:45:32","modified_gmt":"2024-06-11T13:45:32","slug":"bitcoin-crypto-market-could-bleed-further-bch-bnb-ltc-trx-analysis","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-crypto-market-could-bleed-further-bch-bnb-ltc-trx-analysis\/","title":{"rendered":"Bitcoin, Crypto Market Could Bleed Further: BCH, BNB, LTC, TRX Analysis"},"content":{"rendered":"
The crypto market cap and bitcoin (BTC) are declining heavily below key supports. Ethereum<\/a> (ETH), BNB, litecoin, ripple<\/a>, BCH, TRX, XLM and EOS are also under a lot of pressure.<\/em><\/p>\n Yesterday, there was an upside correction in BCH price above the $290 and $300 levels against the US Dollar. The BCH\/USD pair tested the $320 resistance level, but it struggled to continue higher. Recently, it started a fresh decline and broke the $300 support level.<\/p>\n The price is down around 10% and it is trading near the $285 level. If there are more losses, the price could even test the $270 support level in the near term.<\/p>\n Binance coin (BNB) price declined sharply after it failed to stay above the $28.00 support area. BNB price broke the $26.00 support level and even declined below $25.00. The next main support is near the $24.10 level, below which the price may even test the $23.80 level.<\/p>\n Litecoin price declined steadily below the $90.00 and $85.00 support levels. LTC price even broke the $80.00 support area and traded close to the $74.00 level. It is currently correcting higher, but upsides are likely to remain capped near the $80.00 and $82.00 levels.<\/p>\n Tron price declined heavily below the $0.0250 and $0.0240 levels. TRX price is down more than 15% and it recently broke the $0.0220 support level. It seems like the price may soon test the main support near the $0.0200 level, where the bulls are likely to take a stand.<\/p>\nBitcoin Cash Price Analysis<\/h2>\n
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis<\/h2>\n