Crypto Market Could Rally Further: EOS, Bitcoin Cash, TRX …

  • The sum crypto marketplace top is scheming for more gains above the $132.5B insurgency level.
  • EOS cost gained more than 7% recently and pennyless the $3.80 and $3.85 resistances.
  • Bitcoin money cost is consolidating subsequent the pivotal $150 insurgency level.
  • Tron (TRX) cost changed back above the $0.0250 resistance, but there was no follow through.
  • Cardano (ADA) cost is harsh aloft and it could shortly exam the pivotal $0.0500 insurgency area.

The crypto marketplace is primed for more gains, with bullish moves in bitcoin (BTC) and Ethereum (ETH). EOS, BCH, ripple, tron (TRX), ADA and other altcoins are expected to accelerate higher.

Bitcoin Cash Price Analysis

Bitcoin money cost remained well bid above the $142 and $145 support levels opposite the US Dollar. The BCH/USD span tested the $150 insurgency turn recently and after declined. However, the $145 support acted as a plain buy section and after the cost bounced back.

The cost needs to benefit strength above the $148 and $150 insurgency levels to pierce serve aloft in the entrance sessions. In the mentioned case, the cost could revisit the $160 insurgency zone.

EOS, Tron (TRX) and ADA Price Analysis

EOS cost performed really well recently after it corrected reduce from the $3.00 resistance. The cost found support above the $2.70 support turn and after bounced back. It is up more than 7% and changed above the $2.80 and $2.85 insurgency levels. An evident insurgency is at $2.92, above which the cost could exam the $3.00 insurgency section in the nearby term. The pivotal supports on the downside are $2.82 and $2.80.

Tron cost changed to and fro between the $0.0240 and $0.0255 levels. TRX cost is now traded above the $0.0250 resistance, but it contingency mangle the $0.0255 insurgency to benefit strength. The subsequent categorical insurgency is at 0.0262 and $0.0265.

Cardano cost remained well bid above the $0.0420 support area. ADA cost recently pennyless the $0.0450 and $0.0465 insurgency levels to set the gait for more gains. The stream cost movement is certain and it seems like the cost could continue to pierce aloft towards the $0.0500 insurgency area in the nearby term.

Crypto Market Cap bitcoin money EOS TRX ADA

Crypto Market Cap bitcoin money EOS TRX ADA

Looking at the sum cryptocurrency marketplace top hourly chart, there is a plain uptrend in place above the $125.0B support area. The marketplace recently corrected reduce and tested the $127.00B level. Later, it bounced back above $130.0B and it seems like it could mangle the $131.0B and $132.5B insurgency levels in the subsequent few hours. If buyers benefit strength, the marketplace top could swell towards the $135.0B and $140.0B levels. Therefore, there could be more upsides in bitcoin, ETH, XRP, tron, bitcoin cash, litecoin, EOS, stellar, IOTA and other altcoins.

Article source: https://www.newsbtc.com/2019/02/21/crypto-market-could-rally-further-eos-bitcoin-cash-trx-ada-price-analysis/

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