News: Bitcoin And Crypto Market Cap Remains Supported: BCH, XLM, EOS, TRX Analysis

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Full credits for this video to NewsBTC who listed the info in this video on an article on their website:
https://www.newsbtc.com/?s=Bitcoin%20And%20Crypto%20Market%20Cap%20Remains%20Supported%3A%20BCH%2C%20XLM%2C%20EOS%2C%20TRX%20Analysis

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#BitcoinNews#BitcoinCashNews#EOSNews#StellarLumensNews #CryptoNews

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Transcript:

0:00:00 Bitcoin And Crypto Market Cap Remains Supported: BCH, XLM, EOS, TRX Analysis

0:00:07 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.

0:00:13 The total crypto market cap is currently consolidating gains below the $265.0B resistance area.

0:00:21 Bitcoin price corrected gains, but it is still trading above the $10,500 support area.

0:00:27 BCH price is struggling to move above the $300 resistance and is currently correcting gains.

0:00:33 EOS price is currently consolidating gains near the $3.300 support area.

0:00:39 Stellar price is struggling to continue higher above the $0.0625 and $0.0640 resistances.

0:00:48 Tron price is still well below the main $0.01600 resistance area.

0:00:55 Bitcoin and the crypto market cap are currently consolidating gains.

0:00:59 Ethereum, BCH, stellar, ADA, EOS, ripple, and tron are struggling to retain gains.

0:01:05 Recently, we saw a nice upward move in BCH price above the $290 resistance levels against the US Dollar.

0:01:13 However, the BCH/USD pair struggled to continue higher and failed to surpass the $300 and $305 resistance levels.

0:01:22 As a result, there was a downside correction below $295 and the price is currently sliding towards the $290 level.

0:01:30 To continue higher, the price must break the $300 and $305 resistance levels.

0:01:37 If not, the price is likely to revisit the $280 support area in the near term.

0:01:42 EOS price recovered recently above the $3.350 resistance level.

0:01:48 However, the price faced a strong selling interest near the $3.450 and $3.500 levels.

0:01:56 As a result, there was a downside correction below $3.400 and the price is currently consolidating near the $3.300 level.

0:02:06 The next key support is near the $3.200 level.

0:02:10 Stellar price is remained confined in a range and failed to climb above the $0.0640 and $0.0650 resistance levels.

0:02:21 On the downside, the main support is near the $0.0600 level, below which XLM price is likely to decline towards the $0.0550 level in the near term.

0:02:33 Thanks for watching this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.

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COMMENTS (1)

  • comment-avatar
    hoskifilpe1987 September 5, 2019

    Great video!