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Crypto Market Cap And Bitcoin Facing Hurdles: BCH, BNB, EOS, TRX Analysis
The total crypto market cap is struggling to surpass the $200.0B resistance area.Bitcoin price is also facing a lot of hurdles near the $7,400 and $7,440 levels.EOS price is holding the $2.500 support, but it is struggling to clear the $2.850 resistance.Binance Coin (BNB) is currently consolidating above the main $15.00 support.BCH price is currently above the $205 support and attempting a break above the $215 resistance.Tron (TRX) price seems to be trading in a range above the $0.0150 support area.The crypto market cap and bitcoin (BTC) are struggling to gain bullish momentums. Crypto Market CapLooking at the total cryptocurrency market cap 4-hours chart, there was a bearish reaction from the $208.0B resistance area. The crypto market cap declined below the $200.0B support and tested the $188.0B zone. It is currently correcting higher, but facing resistance near the $200.0B area.To start a fresh increase in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX, the market cap must surpass the $200.0B and $208.0B resistance levels. If not, it could decline further towards $182.0B and $175.0B.
Author: Aayush Jindal
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