RATE Group | Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis
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Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis

23 Aug Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis

Posted at 05:32h in Bitcoin News by

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  • The total crypto market cap is currently correcting higher towards the $268.0-$270.0B resistance.
  • Bitcoin price is also approaching towards a major resistance near the $10,200 and $10,250 levels.
  • EOS price recovered more than 5% and it is now trading near the $3.650 resistance.
  • Ethereum Classic price rallied close to 20% and broke the $7.00 resistance area.
  • BCH price is back above $305, but it is facing many hurdles on the upside near $320.
  • Tron (TRX) price is up around 8% and is approaching the $0.0185 resistance area.

Bitcoin (BTC) and the crypto market cap is correcting losses. Ethereum classic (ETC), ICX, tron and IOTA are surging, while BNB, Ethereum, BCH, ripple, litecoin and EOS are facing hurdles.

Bitcoin Cash Price Analysis

After a downside break below the $300 support, BCH price tested the $290 level against the US Dollar. The BCH/USD pair found support and recently started an upside correction. The pair is now trading nicely above the $300 and $305 levels. However, there are…

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