RATE Group | Crypto Market & Bitcoin Remain Supported: BCH, Litecoin, ADA, TRX Analysis
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Crypto Market & Bitcoin Remain Supported: BCH, Litecoin, ADA, TRX Analysis

21 Aug Crypto Market & Bitcoin Remain Supported: BCH, Litecoin, ADA, TRX Analysis

Posted at 04:44h in Bitcoin News by

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  • The total crypto market cap failed to surpass the key $280.0 resistance area.
  • Bitcoin price started a downside correction and traded below the $10,800 support.
  • Litecoin (LTC) price is struggling to correct higher and is testing the $75.00 support.
  • BCH price is currently correcting lower and it might test the $305 support area.
  • Tron (TRX) price is extending losses and it remains in a strong downtrend below $0.0185.
  • Cardano (ADA) price broke the key $0.0500 support level to extend its slide.

Bitcoin (BTC) and the crypto market cap are currently approaching key supports. Ethereum (ETH), LTC, BCH, EOS, cardano, ripple, TRX, XLM and BNB might struggle to bounce back.

Bitcoin Cash Price Analysis

Bitcoin cash price failed to gain strength above the $320 resistance area against the US Dollar. The BCH/USD pair started a fresh downward move and broke the $315 level. The price is now approaching the $310 support, but it seems like it might test the $305 support level in the near term.

On the upside,…

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