RATE Group | Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis
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Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis

13 Dec Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis

Posted at 06:46h in Bitcoin News by

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Key Points

  • The total crypto market cap broke the key resistance level near $105.00B.
  • EOS price is up around 3%, but it is still trading below the $2.00 resistance.
  • Bitcoin cash price is currently consolidating just below the $100 resistance area.
  • Tron (TRX) remained confined in a tight range above the $0.0130 support.
  • Cardano (ADA) price moved back above $0.0300 and gained close to 3% recently.

The total crypto market cap moved higher recently above a key resistance. Bitcoin, Ethereum and altcoins like EOS, Tron (TRX) and Cardano (ADA) may perhaps climb higher in the near term.

Bitcoin Cash Price Analysis

Bitcoin cash price failed to stay above the $100 level and it recently declined more than 3%. BCH/USD traded towards the $98 support and it is currently consolidating losses. If there are more losses, the price could test the $95 support in the near term.

On the upside, the price must gain strength above the $100 and $105 resistance levels. Above $105, the next key resistance for buyers is…

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