- The total crypto market cap is trading well below the $192.0B and $200.0B resistance levels.
- Bitcoin price is struggling to stay above the main $7,000 support area.
- EOS price is declining and it is likely to trade below the $2.500 support area.
- Binance Coin (BNB) is approaching the key $14.00 support area.
- BCH price is still holding the main $205 and $200 support levels.
- Tron (TRX) price is now trading below the $0.0140 support area, with a bearish angle.
The crypto market cap and bitcoin (BTC) are showing a lot of bearish signs. Ethereum (ETH), binance coin (BNB), ripple, BCH, tron (TRX), litecoin and EOS are trading near key supports.
Bitcoin Cash Price Analysis
After a short term upward correction, bitcoin cash price failed to climb above the $225 resistance area against the US Dollar. The BCH/USD pair is currently declining and it is trading near the $205 support area.
On the downside, the main support is near the $200 level. If there is a downside break below the $200 handle, there is a risk of more losses in the near term. The next key support is near the $185 level.s
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price failed to surpass the $2.700 resistance area and recently started a fresh decline. The price is now trading below the $2.600 level and it is approaching the $2.500 support area. If there is a downside break below the $2.500 level, there is a risk of more losses towards $2.350.
Tron price is showing a lot of bearish signs and it recently settled below the $0.0140 level. TRX price is about to continue lower towards the $0.0135 support area, where buyers are likely to appear. On the upside, there are many hurdles near $0.0140 and $0.0142.
Binance coin (BNB) followed a bearish path below the $15.00 resistance area. BNB price even settled below the $14.50 level and it could continue to decline towards the $14.00 support area. Any further losses below $14.00 might put the bulls under a lot of pressure in the near term.
Crypto Market Cap
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