{"id":407390,"date":"2019-12-16T05:30:05","date_gmt":"2019-12-16T05:30:05","guid":{"rendered":"https:\/\/uniquehot.com\/?p=407390"},"modified":"2024-06-11T12:48:59","modified_gmt":"2024-06-11T12:48:59","slug":"bitcoin-and-crypto-market-cap-remain-in-downtrend-bch-bnb-eos-trx-analysis","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-and-crypto-market-cap-remain-in-downtrend-bch-bnb-eos-trx-analysis\/","title":{"rendered":"Bitcoin And Crypto Market Cap Remain In Downtrend: BCH, BNB, EOS, TRX Analysis"},"content":{"rendered":"
The crypto market cap and bitcoin (BTC) are showing a lot of bearish signs. Ethereum<\/a> (ETH), binance coin (BNB), ripple<\/a>, BCH, tron (TRX), litecoin and EOS are trading near key supports.<\/em><\/p>\n 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.<\/p>\n 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<\/p>\n 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.<\/p>\n 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.<\/p>\n 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.<\/p>\nBitcoin Cash Price Analysis<\/h2>\n
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis<\/h2>\n