RATE Group | Bitcoin And Crypto Market Could Rise Steadily: BCH, Tron, XLM, ADA Analysis
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Bitcoin And Crypto Market Could Rise Steadily: BCH, Tron, XLM, ADA Analysis

06 Nov Bitcoin And Crypto Market Could Rise Steadily: BCH, Tron, XLM, ADA Analysis

Posted at 06:00h in Bitcoin News by

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  • The total crypto market cap is holding a key support near the $240.0B and $238.0B levels.
  • Stellar (XLM) price surged in the past few days and settled above the $0.0800 resistance.
  • Bitcoin cash price is up more than 2% and it is approaching the $300 resistance area.
  • Tron (TRX) price is currently correcting lower and it is approaching the $0.0195 support.
  • Cardano (ADA) price is slowly rising and it could soon test the $0.0460 and $0.0475 resistances.

The crypto market cap and bitcoin (BTC) are rising steadily. Ethereum, BCH, ripple, stellar (XLM), EOS, TRX, and cardano (ADA) might climb higher.

Bitcoin Cash Price Analysis

After a downside correction, BCH price found support near the $280 and $285 levels against the US Dollar. The price is now moving higher and it is trading above the $295 level. It seems like it could soon surpass the $300 resistance and climb towards the $320 level in the near term.

On the downside, an initial support is near the $292 level. However, the main support for…

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