RATE Group | Crypto Market And Bitcoin Bearish Continuation: BCH, EOS, TRX, ADA Analysis
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Crypto Market And Bitcoin Bearish Continuation: BCH, EOS, TRX, ADA Analysis

15 Nov Crypto Market And Bitcoin Bearish Continuation: BCH, EOS, TRX, ADA Analysis

Posted at 06:02h in Bitcoin News by

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  • The total crypto market cap is currently declining and it could test $220.0B support.
  • Bitcoin price is under pressure and it is likely to break the $8,500 support area.
  • EOS price is now trading near the $3.350 support area and showing bearish signs.
  • BCH price failed to stay above the key $280 support and extended its decline.
  • Tron (TRX) price is down more than 4% and it is approaching the $0.0185 support area.
  • Cardano (ADA) price is now trading near the key $0.0420 support area.

Bitcoin and the crypto market cap are currently signaling more downsides. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB are under a lot of selling pressure.

Bitcoin Cash Price Analysis

Recently, BCH price started a fresh decrease from the $300 resistance level against the US Dollar. It declined below the $285 support and the bulls even failed to defend the key $280 support area. As a result, the price declined sharply and it is now approaching the $265 and $264 support levels.

On the upside, the previous…

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