RATE Group | Crypto Market And Bitcoin at Major Crossroads: BCH, BNB, EOS, TRX Analysis
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Crypto Market And Bitcoin at Major Crossroads: BCH, BNB, EOS, TRX Analysis

29 Jul Crypto Market And Bitcoin at Major Crossroads: BCH, BNB, EOS, TRX Analysis

Posted at 06:18h in Bitcoin News by

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  • The total crypto market cap is struggling to hold the key $250.0B support area.
  • Bitcoin price spiked below the $9,300 level and recently corrected above $9,500.
  • EOS price is facing a lot of hurdles near the $4.400 and $4.500 levels.
  • Binance Coin (BNB) is trading with a bearish angle below the key $28.50 support level.
  • BCH price is slowly moving higher towards the main $320 resistance level.
  • Tron (TRX) price is currently holding the key $0.0220 support level.

Bitcoin and the crypto market cap are facing many important hurdles on the upside. Ethereum (ETH), binance coin (BNB), BCH, tron (TRX), ripple, litecoin and EOS might struggle to correct higher.

Bitcoin Cash Price Analysis

Recently, there was a slow and steady recovery in BCH price above the $300 level against the US Dollar. The BCH/USD pair even managed to surpass the $310 resistance level. It seems like the price is now slowly climbing towards the next key resistance at $320.

If there is an upside break above $320, the price could…

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