{"id":392918,"date":"2019-08-13T05:00:19","date_gmt":"2019-08-13T05:00:19","guid":{"rendered":"https:\/\/wncen.com\/?p=392918"},"modified":"2024-06-11T13:24:15","modified_gmt":"2024-06-11T13:24:15","slug":"crypto-market-and-bitcoin-near-crucial-juncture-bch-eos-trx-ada-analysis","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-market-and-bitcoin-near-crucial-juncture-bch-eos-trx-ada-analysis\/","title":{"rendered":"Crypto Market and Bitcoin Near Crucial Juncture: BCH, EOS, TRX, ADA Analysis"},"content":{"rendered":"
Bitcoin price and the crypto market cap are trading near important resistances. Ethereum<\/a> (ETH), EOS, Tron (TRX), BCH, ripple<\/a>, ADA and BNB could decline in the near term.<\/em><\/p>\n Yesterday, we saw an upward move in bitcoin cash price above the $325 and $330 resistance levels against the US Dollar. The BCH\/USD pair retested the $340 resistance level, where the bulls struggled. As a result, there was a fresh decline and the price is now trading near the $330 level.<\/p>\n It seems like the price could continue to decline towards the $320 support level. Any further losses might push the price back towards the $305 area in the short term.<\/p>\n EOS price is trading in a downtrend below the key $4.400 and $4.500 resistance levels. The price is now approaching the $4.000 support area, below which there is a risk of more losses towards the $3.800 support area. On the upside, an immediate resistance for a decent recovery is near the $4.200 level.<\/p>\n Tron price is in a declining phase and it is currently consolidating above the $0.0200 support. TRX price could continue to move down and trade below the $0.0200 and $0.0195 support levels. On the upside, there are many resistances near the $0.0210 and $0.0215 levels.<\/p>\n Cardano price is moving down and is about to test the main $0.0500 support area. ADA price remains at a risk of more downside if there is a clear break below the $0.0500 support level. On the upside, an initial resistance is near the $0.0535 level, followed by the $0.0550 pivot level.<\/p>\nBitcoin Cash Price Analysis<\/h2>\n
EOS, Tron (TRX) and ADA Price Analysis<\/h2>\n