70 likes | 83 Views
The cryptomarket is hitting au00a0downsideu00a0trend following entry into 2020. Ethereum(ETH), Bitcoin Cash (BCH), Stellar (XLM), EOS, ADA, Ripple and Tron (TRX)u00a0 all remain at the risk of the bears; a significant decline looms on the cards.<br>
E N D
Crypto world at your finger tips! www.cryptoknowmics.com
2 Cryptoknowmics is an innovative decentralized platform that serves almost every aspect of the crypto space. It aims to be the top destination and the largest media portal in the crypto world and the all-in-one solution for information and services for the industry. www.cryptoknowmics.com
Crypto Market Signalling Downsides: Bitcoin Cash and EOS 3 The cryptomarket is hitting a downside trend following entry into 2020. Ethereum(ETH), Bitcoin Cash (BCH), Stellar (XLM), EOS, ADA, Ripple and Tron (TRX) all remain at the risk of the bears; a significant decline looms on the cards. Bitcoin Cash Meanwhile, Bitcoin Cash surged beyond the $210 price zone against the United States Dollar. Additionally, Bitcoin Cash is struggling to rise beyond a fresh New Year’s Day decline below the $205 support level. During press time, the bitcoin fork is trading within the $200 support and seems to be taking a bearish angle. Given a downside break further below the support of $20, a high possibility exists of sharp declines. The next key support is taking shape near the $185 price level. Around the upside, there are various hurdles around the $210 and $215 support levels. www.cryptoknowmics.com
Stellar (XLM), EOS and Tron (TRX) Markets Analysis 3 EOS, a coin that was designed to support large scale application, has also failed to gain strength beyond the $2.650 and $2.600 resistance levels. The coin recently faced an upward correction. In fact, EOS seems like it could continue declining towards the $2.500 support level. If at all it must settle beyond the $2.650 -; there is a likelihood of rising higher towards the $2.800 level. The price of Stellar is also facing a strong downtrend below its $0.0500 key resistance. Stellar could continue a further downward trend below the $0.0455 pivot level -; the price at which it now trades. Noteworthy, are the key supports on the downside around $0.0420 and $0.0400. Tron (TRX) performance is currently facing downtrend of at least 2%. The coin is currently trading below the $0.0135 support. Additionally, immediate support around the $0.0130 level faces a sharp decline towards the $0.0120 support level. Nonetheless, the upside faces two key hurdles near $0.0135 and $0.138. www.cryptoknowmics.com
3 • Source • https://www.cryptoknowmics.com/news/crypto-market-signalling-downsides-bitcoin-cash-and-eos www.cryptoknowmics.com
14 Crypto news and articles Exchange & wallet listing Market & price analysis Crypto discussion forum ICO listing and rating Crypto jobs marketplace Features Tokens and coin listing Airdrop and event listing DApp listing & review ICO Launchpad Crypto gaming platform Blockchain tutorials and courses www.cryptoknowmics.com
26 For any further queries or clarifications please contact at - listing@cryptoknowmics.com - info@cryptoknowmics.com - www.cryptoknowmics.com - www.cryptoknowmics.io www.cryptoknowmics.com