Tron (TRX), Bitcoin Cash (BCH), EOS (EOS), And Binance Coin (BNB) Lead Cryptocurrency Market Into Fresh Recovery

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Crypto Market Update – Throughout the week, the price of cryptocurrencies have been struggling to recover from the losses that were incurred during the bloody weekend when Bitcoin took a bearish turn against the USD. The price of altcoins followed Bitcoin’s lead falling significantly against the USD. Toward the end of trading yesterday, the price of cryptocurrencies started recovering and some of the top gainers are Tron Trx, Bitcoin Cash BCH, EOS EOS and Binance Coin BNB. These altcoins have been rally after borrowing a leaf from Litecoins play book.

Cryptocurrency News Today – Cryptocurrency Market Update – Crypto Market Update – Altcoins Rally Amid Market Recovery

Tron Trx News Today – Tron Price Analysis

Justin Sun’s Tron Trx was among the top gainers as the bulls gathered momentum and the price started to surge against the USD and BTC. Trx was able to break the resistance at $0.03000 and $0.0320. It moved as high as $0.0330 with key resistance at $0.0350. At the time of writing, the price of Tron Trx was $0.033134. This means that it is up by 0.85% against the USD and down by 0.78% against the price of BTC. The trading volume over a 24 hour period is $754,740,866 and the market capitalization is $2,209,414,143.

Bitcoin Cash (BCH) News Today – Bitcoin Cash Price Analysis

The price of Bitcoin Cash suffered a significant fall below the $400 level. It managed to find support at $360 and remained near this area for a while. Thankfully, the bulls gathered momentum and the price surged above the $380 and $390 level which had resistances. At the time of writing, the price of Bitcoin Cash was $403.11. It is up by 3.09% against the USD and up by 1.12% against the price of Bitcoin. The trading volume over a 24 hour period is $1,812,428,894 and the market capitalization is $7,189,748,979.

EOS (EOS) News Today – EOS Price Analysis

EOS was stuck within the $6.00 and $6.20 range for days. However, it has now managed to move above the resistance at $6.25, $6.32, $6.45, and $6.50. At the time of writing, the price of EOS was $6.51. This means that it is up by 2.75% against the USD and up by 0.87% against the BTC. The trading volume over a 24 hour period is $2,403,547,459 and the market capitalization is $5,980,423,595.

Binance Coin (BNB) News Today – BNB Price Prediction

Binance Coin was able to surge above the resistance levels at $34.00 and $35.00. At the time of writing, the price of BNB was $35.34. This means that it is up by 5.85% against the USD and up by 4.06% against the price of BTC. The trading volume over a 24 hour period is $579,064,336 and the market capitalization is $4,989,246,282.

The entire cryptocurrency market recorded gains this morning. Even if some tokens are now correcting lower against the USD, the bulls haven’t run out of steam yet. The next few trading sessions will determine if they will resume.

What do you think about the cryptocurrency market update in our cryptocurrency news today?

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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