{"id":389804,"date":"2019-07-15T05:00:21","date_gmt":"2019-07-15T05:00:21","guid":{"rendered":"https:\/\/ktsl888.com\/?p=389804"},"modified":"2024-06-11T13:45:26","modified_gmt":"2024-06-11T13:45:26","slug":"crypto-market-and-bitcoin-signaling-more-downsides-bch-eos-trx-ada-analysis","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/crypto-market-and-bitcoin-signaling-more-downsides-bch-eos-trx-ada-analysis\/","title":{"rendered":"Crypto Market and Bitcoin Signaling More Downsides: BCH, EOS, TRX, ADA Analysis"},"content":{"rendered":"
Bitcoin price declined heavily below $10,500 and the crypto market cap is down around $50.0B. Ethereum<\/a> (ETH), EOS, Tron (TRX), BCH, ripple<\/a>, ADA and BNB declined between 10%-25%.<\/em><\/p>\n After this past week\u2019s downside break, bitcoin cash price started a major decline below the $360 support against the US Dollar. The BCH\/USD pair even broke the $320 and $300 support levels to enter a major downtrend. The price is down around 20% and it is currently trading near the $280 level.<\/p>\n If the price continues to move down, it could trade towards the next major support near the $250 level. On the upside, the previous supports near $300 and $320 are likely to act as hurdles in the near term.<\/p>\n EOS price was down more than $2.00 in the past few days. The price even broke the $5.000 and $4.500 support levels. It traded towards the $4.200 support level and it is currently correcting higher. On the upside, there is a strong resistance forming near the $4.500 and $4.600 levels.<\/p>\n Tron price is down around 15% and it recently broke the key $0.0320 and $0.0300 support levels TRX price even traded below the $0.0260 support and tested the $0.0240 level. It seems like the price may extend losses towards the $0.0225 support area.<\/p>\n Cardano price is under a lot of pressure and it recently broke the $0.0700 and $0.0600 support levels. ADA price is down 13% and is trading near the $0.0580 level. The next key support is near the $0.0560 level.<\/p>\nBitcoin Cash Price Analysis<\/h2>\n
EOS, Tron (TRX) and ADA Price Analysis<\/h2>\n