RATE Group | Crypto Market & Bitcoin Poised for Declines: BCH, Litecoin, TRX, XLM Analysis
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Crypto Market & Bitcoin Poised for Declines: BCH, Litecoin, TRX, XLM Analysis

30 Jul Crypto Market & Bitcoin Poised for Declines: BCH, Litecoin, TRX, XLM Analysis

Posted at 06:44h in Bitcoin News by

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  • The total crypto market cap is under a lot of pressure below the $260.0B and $270.0B resistances.
  • Bitcoin price is down more than 2% and it is currently trading well below $9,600.
  • Litecoin (LTC) price failed to stay above the key $90 support and it could extend downsides.
  • BCH price slowly moving lower towards the main $300 support level.
  • Tron (TRX) price broke the $0.0220 support and it may soon test the $0.0210 support.
  • Stellar (XLM) price is declining and it is likely to revisit the $0.0800 support level in the near term.

The crypto market cap and bitcoin (BTC) are currently following a bearish path. Ethereum (ETH), litecoin (LTC), ripple, BCH, tron (TRX), stellar (XLM) and other altcoins might extend losses.

Bitcoin Cash Price Analysis

Bitcoin cash price corrected higher recently above the $310 level against the US Dollar. However, the BCH/USD pair failed to extend gains above the $320 resistance and started a fresh decline. It is now approaching the $300 support level and it might…

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