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Bitcoin And Crypto Market Cap Turn Red: BCH, Litecoin, XTZ, TRX Analysis

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Bitcoin And Crypto Market Cap Turn Red: BCH, Litecoin, XTZ, TRX Analysis

The total crypto market cap is declining and struggling to stay above the $188.0B support.Bitcoin price is down more than 2% and it broke the $7,320 support area.Litecoin (LTC) price is sliding and it may soon test the $42.20 level.BCH price is struggling and it seems like it could break the $200 support area.Tron (TRX) price is currently consolidating near the main $0.0140 support area.Tezos (XTZ) it outperforming and it is now trading nicely above $1.500.The crypto market cap and bitcoin (BTC) are declining and facing hurdles. Tezos (XTZ) is rising, while Crypto Market CapLooking at the total cryptocurrency market cap 4-hours chart, there was another failure near the $200.0B resistance area. The crypto market cap declined recently below the $195.0B support. It is now approaching the $188.0B support, below which there is a risk of further losses. The next major support is near the $182.0B level.Conversely, a successful close above the $200.0B resistance is needed for a nice recovery in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, BNB, TRX, ADA, XMR, and other altcoins in the near term.

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Author: Aayush Jindal

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