Crypto Market Rebound Facing Hurdles: Bitcoin Cash, EOS, BNB, TRX Price Analysis

The total crypto market cap failed near the $136.0B resistance and declined sharply. EOS price broke the $3.70 support and tested the $3.62 support area. Binance Coin (BNB) is down more than 4% and settled below the $15.00 support level. Bitcoin cash price is correcting lower and it may test the $150 support zone. Tron (TRX) price is stable and still holding the key $0.0220 support level. The crypto market could turned red and facing a lot of hurdles, with bearish moves in bitcoin (BTC) and Ethereum (ETH). Binance coin…

Bitcoin Cash (BCH) Prices Cool Off, Correction to $140 in Progress

Bitcoin Cash outperforms all assets in the top 10 The ABC team will implement Schnorr signatures in May 2019 Participation levels drop despite BCH registering double-digit gains Schnorr Signatures, it appears, will first call Bitcoin Cash home before implementation at Bitcoin core. Nonetheless, Bitcoin Cash (BCH) is outperforming other assets and up 24 percent from last week’s close. Bitcoin Cash Price Analysis Fundamentals In recent weeks, Bitcoin Cash has been on a roll. With supportive fundamentals such as Digitec and Galaxus, Avnet and Vordex Suisse all offering support, it’s only…

Crypto Market Rally Inevitable: ONT Surges, Bitcoin Cash, XLM, EOS, TRX Analysis

The total crypto market cap is about to break the $136.0B resistance level for the next bullish wave. Bitcoin cash price is back above the $160 level and it may continue to rise towards $165. EOS price is slowly moving higher towards the key $3.80 resistance area. Stellar (XLM) price is currently consolidating above $0.1110 and it could move towards $0.1200. Tron (TRX) could recover and test the $0.0230 resistance level. The crypto market seems to be positioned for an upside break, with solid gains in ONT and XTZ. Bitcoin…

Crypto Market Testing Crucial Support: XLM, Bitcoin Cash, EOS, TRX Analysis

The total crypto market cap corrected lower recently and tested the $132.0B support area. Bitcoin cash price started a downside correction after testing the $165 resistance. EOS price is slowly moving lower towards the $3.70 support level. Stellar (XLM) price is up more than 4% and broke the $0.1120 and $0.1140 resistances. Tron (TRX) is currently flat near the $0.0230 support level. The crypto market is trading above key supports, with range moves in bitcoin (BTC) and Ethereum (ETH). Stellar (XLM) gained traction, while BCH, EOS, ripple and tron (TRX)…

Crypto Market In Clear Uptrend: EOS, Bitcoin Cash, TRX, ADA Price Analysis

The total crypto market cap rallied recently and broke the key $130.0B resistance area. EOS price broke the key $3.65 and $3.70 resistance levels and tested $3.80. Bitcoin cash price rallied more than 10% and broke the $150 and $160 barriers. Tron (TRX) price is slowly moving higher and it could break the $0.0240 resistance level. Cardano (ADA) price cleared the $0.0500 resistance to move into a positive zone. The crypto market broke key resistances to move into an uptrend. Bitcoin (BTC), Ethereum (ETH), EOS, bitcoin cash (BCH), ripple, tron…

Bitcoin Average Daily Trading Volume on Rise after Bitcoin Cash Hard Fork

Average daily trading volume of the world’s largest cryptocurrency Bitcoin has reached its fresh highs since April, 2018. Independent crypto data researcher Kevin Rooke brought the community’s attention to bitcoin volume via his Saturday tweet. The analyst revealed that traders, in March, changed hands for/to the cryptocurrency to the extent of approx $10 billion. In comparison, those numbers were as low as $6.25 billion in November 2018, the month in which bitcoin price plunged 35 percent owing to the Bitcoin Cash hard fork fiasco. Bitcoin Volume Since March 2018 |…

Crypto Market Could Rally Soon: Bitcoin Cash, EOS, BNB, TRX Price Analysis

The total crypto market cap is facing a tough resistance near the $130.0B level. EOS price is trading nicely above the $3.60 support and it could continue higher towards $3.75. Binance Coin (BNB) is consolidating above the $15.00 support and it could extend gains. Bitcoin cash price climbed higher and tested the $135 resistance area. Tron (TRX) price is about to make the next move either above $0.0230 or below $0.0220. The crypto market could break higher, with bullish moves in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB), BCH,…

Tether Updates Website, Says USDT Backed by “Reserves,” Not Just Cash

Tether just updated its website to clarify that each of its USDT tokens, which it used to claim were “always backed 1-to-1 with traditional currency,” are backed by assets other than fiat currency. Now, the website instead reassures its patrons that it’s always “100% backed by [its] reserves.” It clarifies this vague language, even legalistic language, by saying these reserves “include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities.”…

Crypto Market Trading Sideways: XLM Shoots Up, Bitcoin Cash, EOS, TRX Analysis

The total crypto market cap is facing a strong resistance near the $129.0B and $130.0B levels. Bitcoin cash price recovered above the $132 resistance and it could climb towards the $135 level. EOS price is back above the $3.60 level, with a positive angle. Stellar (XLM) price gained more than 5% and broke the $0.1000 and $0.1050 resistances. Tron (TRX) is trading above the $0.0220 level and it could test the $0.0230 resistance. The crypto market is trading sideways below key resistance levels. Stellar (XLM) gained recently, while bitcoin (BTC),…

Crypto Market Could Extend Losses: EOS, Bitcoin Cash, TRX, ADA Price Analysis

The total crypto market cap declined recently and broke the key $128.0B support level. EOS price is down more than 6% and it broke the $3.75 and $3.60 support levels. Bitcoin cash price traded below the $130 support and it is currently under pressure near $128. Tron (TRX) price is down more than 4% and it broke the key $0.0220 support level. Cardano (ADA) price is holding the ground above the $0.0450 support area. The crypto market declined recently, with bearish moves in bitcoin (BTC) and Ethereum (ETH). EOS, BCH,…