THELOGICALINDIAN - Tron TRX surged added than 20 afresh and austere the 00300 barrier Bitcoin BCH Ethereum and altcoins like EOS and Cardano ADA could accretion further
Bitcoin Cash Price Analysis
Bitcoin banknote amount is aback aloft the $160 support breadth afterwards a abbreviate appellation downside alteration adjoin the US Dollar. However, BCH/USD is adverse a lot of hurdles on the upside, starting with $164 and $165. The capital attrition on the upside is abreast the $170 level.
On the added hand, if there is a downside alteration beneath $160, the amount may abatement appear the $155 level. The key abutment beneath $155 is abreast the $150 level.
EOS, Tron (TRX) and ADA Price Analysis
EOS amount acquired absorption afresh aloft the $2.80 attrition area. Buyers were acknowledged in blame the amount aloft the $2.90 attrition as well. Going forward, the amount may advance aloft the $3.00 barrier if buyers abide in action.
Tron was one of the best performers afresh as it rallied added than 20% and bankrupt the $0.0250 and $0.0280 resistance. Added importantly, TRX amount austere the $0.0300 barrier and it may abide to move higher.
Cardano amount acquired added than 8% afresh and bankrupt the $0.0520 and $0.0540 attrition levels. ADA is now trading accurately aloft $0.0520 and it may alike bright the $0.0550 attrition in the abreast term.
Looking at the absolute cryptocurrency bazaar cap alternate chart, there is a able abutment formed abreast the $132.00B level. Added importantly, it seems like there is a blemish arrangement formed with attrition at $135.00B and abutment abreast $131.00B. A breach aloft $135.00B could bright the aisle for added assets in BTC, ETH, tron, litecoin, ripple, EOS, ADA, NEO, ICX and added altcoins in the abreast term.
