RATE Group | Bitcoin And Crypto Market Cap Near Key Juncture: BCH, XLM, EOS, TRX Analysis
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Bitcoin And Crypto Market Cap Near Key Juncture: BCH, XLM, EOS, TRX Analysis

Bitcoin And Crypto Market Cap Near Key Juncture: BCH, XLM, EOS, TRX Analysis

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  • The total crypto market cap is slowly moving higher towards the key $220.0B resistance area.
  • Bitcoin price might soon make another attempt to surpass the key $8,500 resistance area.
  • BCH price is holding the $220 support, but it is facing hurdles near the $235 resistance.
  • EOS price is climbing above $3.000 and it may perhaps revisit the $3.100 area.
  • Stellar (XLM) price must surpass the $0.0600 and $0.0620 resistance levels for more gains.
  • Tron (TRX) price is climbing higher towards the key $0.0150 resistance area.

Bitcoin (BTC) and the crypto market cap are currently approaching key resistances. Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, ripple, and tron (TRX) might struggle to continue higher.

Bitcoin Cash Price Analysis

Recently, BCH price corrected lower from the $235 resistance area against the US Dollar. The BCH/USD pair traded below the $225 level and tested the $220 support. The price is now consolidating and it seems like it could rise again towards the $235 resistance area in…

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