RATE Group | Bitcoin & Crypto Market Near Key Juncture: LTC, BNB, BCH, TRX Analysis
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Bitcoin & Crypto Market Near Key Juncture: LTC, BNB, BCH, TRX Analysis

18 Jul Bitcoin & Crypto Market Near Key Juncture: LTC, BNB, BCH, TRX Analysis

Posted at 08:37h in Bitcoin News by

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  • The total crypto market cap declined towards the $235.0B level and recently corrected higher.
  • Bitcoin price is also correcting higher, but it is facing hurdles near $9,800 and $10,000.
  • Binance coin (BNB) price recovered more than 10% and broke the $27.00 resistance area.
  • Litecoin (LTC) price rallied recently above the $80.00 and $85.00 resistance levels.
  • BCH price is slowly approaching towards the key $300 resistance area.
  • Tron (TRX) price is up around 10% and it is currently trading above the $0.0220 level.

The crypto market cap and bitcoin (BTC) are currently near an important juncture. Ethereum (ETH), BNB, litecoin, ripple, BCH, TRX, XLM and EOS are showing signs of a short term recovery.

Bitcoin Cash Price Analysis

After a sharp decline below the $300 level, BCH price found support near the $270 level against the US Dollar. The BCH/USD pair started an upside correction and traded above the $280 and $290 levels. It seems like the price is slowly recovering and it could soon test the key…

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