- The total crypto market cap is gaining momentum above the key $192.0B resistance.
- Bitcoin price is up more than 5% and it broke the $7,500 resistance area.
- EOS price is slowly rising towards the $2.600 and $2.700 resistance levels.
- Binance Coin (BNB) is still well below the main $14.00 and $14.20 resistance levels.
- BCH price is trading above $195 and it might attempt to climb above $200.
- Tron (TRX) price is up more than 8% and it is trading near the $0.0150 resistance.
Bitcoin Cash Price Analysis
After a fresh decline below $185, bitcoin cash price found support and recovered nicely against the US Dollar. The BCH/USD pair is currently climbing higher and it is trading above the $190 and $192 resistance levels.
The price is now trading near the $195 level and it seems like it could continue to rise above the $200 and $205 levels. On the downside, the main support is near the $185 level.
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price remained stable above the $2.250 support area and recently started a steady rise. The price is now trading nicely above the $2.500 level and it could gain traction. However, the price is likely to struggle near $2.600 or $2.700, above which there are high chances of a strong rise towards $3.000.
Tron price is gaining momentum and it recently recovered above the $0.0135 and $0.0140 resistance levels. TRX price recently tested the $0.0150 resistance area and it is currently correcting gains. An initial support is near the $0.0145 level, followed by $0.0142. On the upside, there are many hurdles near $0.0150 and $0.0152.
Binance coin (BNB) is forming a nice support above the $13.00 and $13.20 levels. BNB price is showing positive signs and it could continue to rise towards $14.00. However, the $14.00 and $14.20 levels are major hurdles for the bulls, above which the price could climb higher towards $15.00.
Looking at the total cryptocurrency market cap 4-hours chart, there was a nice upward move from the $180.0B support area. The crypto market cap rallied above the key $190.0B and $192.0B resistance levels. It is now above the $194.0B level and it seems like it could attempt to surpass the $200.0B and $205.0B resistance levels.
Therefore, there are chances of more upsides in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX in the near term.