Crypto Market and Bitcoin with bearish signs: BCH, EOS, TRX, ADA analysis technical analysis altcoins



The total market capitalization for crypto could not break the resistance of $ 290.0B and recently fell below $ 275.0B.
The Bitcoin price has fallen by around 3% and has recently broken the $ 10,500 support area.
The EOS price fell by 5% after not gaining power above the $ 4,400 resistance range.
The BCH price could not hold the $ 320 support and traded to the $ 310 level.
Tron (TRX) price fell sharply by around 10% and broke the major $ 0.0280 support.
Cardano (ADA) prize remains in a bearish zone below the $ 0.0650 support area.
Bitcoin price and crypto market capitalization are currently showing bearish signals. Ethereum (ETH), EOS, Tron (TRX), BCH, wrinkle, ADA and BNB are likely to prolong the losses in the short term.

Bitcoin Cash Price analysis

The bitcoin cash prize recently recovered above the $ 320 resistance to the US dollar. The BCH / USD pair even tested the $ 340 level, but it was difficult to stay higher. As a result, there was a downward correction and the price recently broke the support level of $ 320.

The price is currently being traded around the $ 310 level and may soon be testing the $ 300 support level. If there are more losses, in the short term the price may even revisit the main support level of $ 285.

EOS, Tron (TRX) and ADA price analysis
The EOS price could not reach any strength above the resistance levels of $ 4,400 and recently trimmed gains. It broke the support levels of $ 4,250 and $ 4,200 and is currently trading just above the $ 4,100 level. The most important support is nearly $ 4,000, among which the price could accelerate losses in the short term.

The Tron prize was rejected over $ 0.0300 and it recently started a sharp downward movement. The TRX price has fallen more than 10% and has exceeded the support level of $ 0.0280. Immediate support is nearly $ 0.0262, including the support level of $ 0.0250.

Cardano price is traded in a bearish zone below the pivot level of $ 0.0650. The ADA price fell below the support levels of $ 0.0620 and $ 0.0600 and it seems that it could continue to fall to the level of $ 0.0575.


Bitcoin Crypto Market Cap Altcoins ETH, XRP, BCH, LTC, EOS, TRX, ADA, BNB

Looking at the total 4-hour chart of the cryptocurrency market, a rejection pattern was formed near the resistance level of $ 290.0B. Market capitalization fell recently and broke the support level of $ 280.0 billion. It even broke the support level of $ 275.0B and a connecting bullish trend line on the same chart. Therefore, there are chances of more losses in the direction of $ 260.0B or $ 250.0B support. On the positive side, the broken support at $ 280.0B can act as a solid resistor. In general, ups in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN and other altcoins are likely to face obstacles in the short term.
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