- Tron price analysis
- Tezos (XTZ) continue to surge higher as other coin trade in the red
- Binance Coin (BNB), Bitcoin Cash, and EOS price analysis
Tron News Today – Bitcoin (BTC) and the entire digital currency market cap are showing a lot of bearish signs. Most of the top digital currencies in the market are now deep in the red. Tron (TRX), Ethereum (ETH), Ripple’s XRP, Binance Coin (BNB), EOS (EOS), and Litecoin (LTC), are all trading close to their support levels.
Among the top ten cryptos in the market, the only digital currency trading in the green is Tezos (XTZ). Tezos is currently up by about 2 percent while other digital currencies are deep in the red. So far this year, Tezos is one of the top-performing cryptos in the market since the beginning of this year.
Bitcoin Cash (BCH) Price Analysis
After a near-term upward correction, the price of Bitcoin Cash (BCH) has failed to surge over the $225 resistance level against the US dollar. The price of BCH against USD is currently heading south and it is trading close to the $205 support zone. On the other side, the major support of the digital currency is close to the $200 mark. If the digital currency breaks below the $200 mark, it would pave the way for more declines. Below that level, the next support is close to the $185 mark.
TRON (TRX) Price Today – TRX / USD
| Name | Price |
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Tron (TRX), Binance Coin (BNB), and EOS Price Analysis
EOS has been struggling over the past week. The digital currency has failed to break over the $2.7 resistance level and recently started a fresh decline. EOS is now trading below the $2.6 mark and it is approaching the $2.5 support level. If the downward trend continues and it breaks below that support level, chances are it might plunge towards the $2.350 mark.
Tron (TRX) has also been under the influence of the bears. The digital currency has been showing some bearish signs over the past few days. TRX/USD trading pair recently settled below the $0.014 level. The price of the digital currency is about to continue plunging lower towards the $0.0135 support zone, where buyers are likely to show up. On the upside, Tron (TRX) is facing many resistance levels. At press time, the immediate hurdles of the coin are close to the $0.0140 and $0.0142 marks.
Binance Coin (BNB) followed a bearish path beneath the $15 hurdle point. The price of the digital currency even settled below the $14.5 mark and it could continue to drop towards the $14 support zone. A decline below that level might pave the way for more losses in the near term.
The valuation of the entire market has also dropped below $195 billion. At press time, it has broken down to $193 billion.
Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.
