- The total crypto market cap broke the $170.0B resistance and it could now test $180.0B.
- EOS price is back above $5.50 and it could continue higher towards the $5.65 level.
- Binance Coin (BNB) is slowly climbing towards the $20.00 and $21.00 resistance levels.
- Bitcoin cash price is currently consolidating above $310, with a positive bias.
- Tron (TRX) price is likely to rise towards the $0.0285 and $0.0292 resistance levels in the near term.
The crypto market is gaining pace, with strong bullish moves in bitcoin (BTC) and Ethereum (ETH). Altcoins such as bitcoin cash, litecoin, tron (TRX), ripple, binance coin (BNB) and EOS could extend gains.
Bitcoin Cash Price Analysis
Bitcoin cash price gained traction recently and settled above the $300 level against the US Dollar. The BCH/USD pair even broke the $310 level and it is currently consolidating above the $310 level. If buyers gain momentum, there are chances of an upside break above the $320 and $325 levels in the near term.
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