- The total crypto market cap is struggling to gain pace above the $112.00B resistance.
- EOS price failed to break the $2.50 resistance recently and declined.
- Bitcoin cash price just moved below the $120 support level, with a bearish angle.
- Tron (TRX) price is down more than 2% and it could test the $0.0250 support level.
- Cardano (ADA) price struggle to clear the $0.0400 resistance and declined below $0.0385.
Bitcoin Cash Price Analysis
Bitcoin cash price traded higher this past week and broke the $115 and $118 resistance level against the US Dollar. BCH/USD also moved above the $120 level, but it failed to hold gains. As a result, the price moved below $120 and it seems like it could continue to move down.
An initial support is at $118, below which there is a risk of a drop to $115. On…
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