RATE Group | Crypto Market Cap & Bitcoin Declining: BCH, Litecoin, ADA, TRX Analysis
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Crypto Market Cap & Bitcoin Declining: BCH, Litecoin, ADA, TRX Analysis

12 Nov Crypto Market Cap & Bitcoin Declining: BCH, Litecoin, ADA, TRX Analysis

Posted at 05:31h in Bitcoin News by

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  • The total crypto market cap is struggling to stay above the $225.0B support area.
  • Bitcoin price is down around 3% and it is trading well below the $9,000 level.
  • Litecoin (LTC) price is declining, but it is still trading above the $60.00 support area.
  • BCH price failed to surpass the $300 resistance and is correcting lower towards $285.
  • Tron (TRX) price is slowly declining towards the $0.0185 support area.
  • Cardano (ADA) price is trading in a range above the $0.0420 support area.

Bitcoin (BTC) and the crypto market cap are currently under pressure. Ethereum (ETH), LTC, BCH, EOS, cardano, ripple, TRX, XLM and BNB might extend losses.

Bitcoin Cash Price Analysis

Bitcoin cash price made a few attempts to climb above the $300 resistance area against the US Dollar. However, the BCH/USD pair failed to gain momentum above $300 and recently started a fresh decline. It is currently trading below $292 and it seems to be approaching the $285 support area.

If there is a downside break below the $285 and…

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