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2019-10-14 07:10:38

{"title":"Crypto Market Cap And Bitcoin Holding Support: BCH, BNB, EOS, TRX Analysis","alias":"crypto-market-cap-and-bitcoin-holding-support-bch-bnb-eos-trx-analysis-1571029874638-bdf66D1XtK","url":"https://bitrss.com/news/147315/crypto-market-cap-and-bitcoin-holding-support-bch-bnb-eos-trx-analysis","canonicals":["https://bitrss.com/news/147315/crypto-market-cap-and-bitcoin-holding-support-bch-bnb-eos-trx-analysis"],"description":"\ The total crypto market cap is currently holding the key $210.0B support area.\ Bitcoin price is also trading just above the $8,250 and $8,200 support...","content":"

The total crypto market cap is currently holding the key $210.0B support area.Bitcoin price is also trading just above the $8,250 and $8,200 support levels.EOS price is showing positive signs above the $3.050 and $3.000 support levels.Binance Coin (BNB) is up more than 2% and it is trading nicely above the $18.00 resistance.BCH price is holding the $220 support and it could rise above the $235 resistance area.Tron (TRX) price is up around 4% and it is gaining pace above the $0.0162 resistance.The crypto market cap and bitcoin (BTC) are holding important supports. Ethereum (ETH), binance coin (BNB), ripple , BCH, tron (TRX), litecoin and EOS might climb higher.Bitcoin Cash Price AnalysisIn the past few hours, there were mostly range moves in BCH price above the $215 support against the US Dollar. The BCH/USD pair is slowly rising and it is trading near the $225 level. On the upside, a clear break above the $235 and $240 resistance levels is needed for more upsides in the near term.Conversely, a downside break below the $215 support area might push the price towards the $205 support area or the $200 pivot level.Binance Coin (BNB), EOS, Tron (TRX) Price AnalysisEOS price is trading nicely above the $3.050 and $3.000 support levels. The price is showing positive signs above $3.100 and it could soon test the $3.200 and $3.250 levels. The main resistance on the upside for the bulls is near the $3.300 level.Tron price remained in a positive zone and it recently settled above the $0.0160 resistance level. TRX price is currently up around 4% and it is trading nicely above the $0.0162 level. The next key resistance on the upside is near the $0.0165 level.Binance coin (BNB) performed really well in the past two days and broke a few important resistances near the $7.50 level. BNB price even broke the $18.00 level and it is currently trading near the $18.20 level. On the upside, an immediate resistance is near the $18.50 level, above which it could test the $18.75 and $18.80 resistances.Looking at the total cryptocurrency market cap 4-hours chart , there was a spike towards the $230.0B level. It seems like the market cap failed to gain pace above the $225.0B resistance area. It is currently correcting lower below $220.0B, but holding an important support near the $210.0B level and the 100 SMA. If there is a downside break, the market cap could revisit the $200.0B support. If not, there could be a fresh increase in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX in the near term.The post Crypto Market Cap And Bitcoin Holding Support: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC .

BitRss.com shares this Contents with License.","image":"https://bitrss.com/upload/news/image_1571029730_49238378.png","author":"https://bitrss.com","source":"BITRSS Crypto and Bitcoin World News","domain":"bitrss.com","publishedTime":"","duration":94}

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