Crypto Market Facing Uphill Task: EOS, Bitcoin Cash, TRX, ADA Price Analysis

2019-2-26 09:00

The total crypto market cap found support near $121.0B and later recovered above $124.0B. EOS price corrected lower sharply and traded below the $3.80 and $3.60 support levels. Bitcoin cash price is currently trading nicely above the $132 and $130 supports. Tron (TRX) price is under pressure below the $0.0250 and $0.0248 resistance levels. Cardano (ADA) price is currently holding the $0.0420 support area, with a positive angle.

The crypto market recovery is facing a lot of hurdles on the upsides. Gains in bitcoin (BTC), Ethereum (ETH), EOS, BCH, ripple, tron (TRX), ADA and other altcoins are likely to face resistance.

Bitcoin Cash Price Analysis

Bitcoin cash price failed to stay above the $145 and $140 support levels against the US Dollar. The BCH/USD pair declined sharply and broke key supports near the $140 and $138 levels. However, the $130-132 zone acted as a support and later the price corrected higher.

It is currently up around 3.5% and it could retest the $140 resistance level. If there is an upside break above the $140 resistance, the price may perhaps revisit the $145 level. On the downside, the key supports are near $135 and $132.

EOS, Tron (TRX) and ADA Price Analysis

EOS price trimmed most of the last week’s gains from well above the $4.00 level. The price traded below the $3.85 and $3.80 support levels to start a bearish wave. The price even broke the $3.60 support level. At the moment, the price is trading above the $3.50 support and it seems like it could correct higher towards the $3.65 and $3.70 resistance levels.

Tron price remained in a bearish zone below the $0.0250 resistance level. There were mostly bearish moves in TRX and the price declined below the $0.0250 and $0.0248 support levels. It must stay above the $0.0240 level to avoid further losses in the near term.

Cardano price declined recently, but the $0.0400 support area acted as a barrier for buyers. ADA price is currently trading above the $0.0420 level and it seems like the price may rise towards the $0.0450 level in the coming sessions.

Looking at the total cryptocurrency market cap hourly chart, there was a sharp decline from well above the $138.0B level. The market cap broke the key $128.0B support to enter a bearish zone. It traded towards the $120.0B support level and later started an upside correction. However, there are many resistances on the upside near the $128.0B and $130.0B level. The main supports are at $124.0B and $122.0B. Therefore, if bitcoin, ETH, XRP, tron, bitcoin cash, litecoin, EOS, stellar, IOTA and other altcoins correct higher, they are likely to face a lot of hurdles.

The post Crypto Market Facing Uphill Task: EOS, Bitcoin Cash, TRX, ADA Price Analysis appeared first on NewsBTC.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

price cash crypto bitcoin trx eos market

Источник: newsbtc.com

price cash → Результатов: 126


Product Update: Second quarter 2018

Before heading off on your summer vacation, catch up on this short-but-sweet collection of product updates from the last quarter, plus we revisit milestones and exciting steps forward. What’s new in Q2 2018? iOS users can now send, request, and exchange bitcoin cash, safely manage their balance, and monitor the bitcoin cash market price from

2018-7-5 19:44


Фото:

Bitcoin Cash Sees More Infrastructure, Applications, and Protocol Innovation

Over the past few weeks, the cryptocurrency Bitcoin Cash (BCH) has seen a lot of new infrastructure support, applications, and protocol innovation. While everyone has been watching the bearish markets across the digital currency economy, in general, there’s a lot of action happening within the BCH ecosystem that supersedes its current price speculation.

2018-7-1 21:45


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

TRON Network Surpasses 95 Million Addresses: A Sign Of Growth

The TRON network has achieved a remarkable milestone, surpassing 95 million addresses. This figure is particularly noteworthy when compared to other layer 1 networks like Cardano and Avalanche, which have fewer than 10 million addresses each.

Poloniex hit by $100 million theft, hacker boosts Tron’s TRX

Crypto entrepreneur Justin Sun has offered the Poloniex hacker a 5% bounty to return the stolen funds within the next seven days. The hack Earlier today, Sun said Poloniex was investigating a hacking incident without providing additional information.