Please share if you find this article interesting.
Bitcoin And Crypto Market Cap Eye Next Break: BCH, XLM, EOS, TRX Analysis
The total crypto market cap is currently consolidating in a range above the $232.0B support area.Bitcoin price is holding the $9,200 support area, but it is also facing hurdles near $9,400.BCH price is currently correcting lower after it failed to break the $300 resistance.EOS price is consolidating near $3.500 and it could correct lower towards $3.400.Stellar (XLM) price is climbing higher once again and it might test the $0.0800 resistance.Tron (TRX) price is facing a strong resistance near the $0.0200 zone.Bitcoin (BTC) and the crypto market cap are approaching the next key break. Crypto Market CapLooking at the total cryptocurrency market cap 4-hours chart, the $250.0B resistance zone acted as a crucial barrier for more upsides. As a result, the market cap declined and it is now consolidating in a range above the $232.0B support area. If there is a downside break, the market cap could retest the $215.0B support.Conversely, an upside break above the $250.0B resistance is likely to spark a strong rise in bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, BNB, WAN, WTC, ICX, and other altcoins in the near term.
Author: Aayush Jindal
Found this article interesting? Kindly share it on Social Media.