- The total crypto market cap broke the $170.0B resistance and it could now test $180.0B.
- EOS price is back above $5.50 and it could continue higher towards the $5.65 level.
- Binance Coin (BNB) is slowly climbing towards the $20.00 and $21.00 resistance levels.
- bitcoin cash price is currently consolidating above $310, with a positive bias.
- Tron (TRX) price is likely to rise towards the $0.0285 and $0.0292 resistance levels in the near term.
The crypto market is gaining pace, with strong bullish moves in () and (ETH). such as cash, , (TRX), , coin (BNB) and could extend gains.
bitcoin Cash Price Analysis
cash price gained traction recently and settled above the $300 level against the US Dollar. The BCH/USD pair even broke the $310 level and it is currently consolidating above the $310 level. If buyers gain momentum, there are chances of an upside break above the $320 and $325 levels in the near term.
On the downside, the main support is at $300, below which the price could start a downside correction towards the $295 or $290 level.
EOS, Tron (TRX) and BNB Price Analysis
price remained well bid above the $5.20 and $5.30 support levels. The price recently moved above the $5.40 and $5.50 resistance levels. The current price action is positive and it seems like there could be more gains above the $5.55 and $5.60 resistance levels.
price corrected lower earlier this week and tested the $0.0260 support level. above $0.0270 and it is currently up more than 1.5%. If there is an upside break above $0.0275, the price may perhaps rise towards the $0.0285 and $0.0282 resistance levels.
coin (BNB) is forming a strong support above the $19.00 level. BNB price is in a range above $19.00 for quite some time now and it seems like it could make the next move. On the upside, a close above the $20.00 resistance will most likely push the price towards $22.00 or $23.00. On the downside, a break below the $18.50 level may push the price towards the $17.00 support.
Looking at the total market cap hourly , there was a strong upward move after the $158.0B level acted as a solid support. The market cap is following a crucial bullish trend line and it recently cleared a significant resistance at $169.0B and $170.0B. It has opened the doors for more gains towards the $180.0B resistance level. Therefore, there are chances of further upsides in , ETH, TRX, LTC, , BNB, , ADA, XLM, WAN, BCH, XMR and other in the near term.
Published at Thu, 18 Apr 2019 06:07:07 +0000
