RATE Group | Bitcoin And Crypto Market Extending Decline: BCH, EOS, TRX, ADA Analysis
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Bitcoin And Crypto Market Extending Decline: BCH, EOS, TRX, ADA Analysis

30 Sep Bitcoin And Crypto Market Extending Decline: BCH, EOS, TRX, ADA Analysis

Posted at 05:08h in Bitcoin News by

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  • The total crypto market cap is below $210.0B and is likely to extend its decline.
  • Bitcoin price is trading below $8,000 and it is moving with a bearish angle.
  • EOS price is down more than 2% and is approaching the $2.700 and $2.650 support levels.
  • BCH price is facing resistance near the $225 level and it could revisit the $200 support area
  • Tron (TRX) price is approaching the $0.0130 level and it might continue to decline.
  • Cardano (ADA) price is down 5% and it recently broke the key $0.0385 support area.

Bitcoin and the crypto market cap are currently extending their decline. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB are trading in a bearish zone.

Bitcoin Cash Price Analysis

After a strong decline, BCH price found support near the $200 level against the US Dollar. The price started an upside correction and traded above the $210 level. However, the price struggled to break the $225 resistance level and it is currently trading with a bearish bias.

It seems like the price might…

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