The total crypto market cap is showing positive signs above the $117.0B support level. Bitcoin cash price is gaining momentum and it could break the $125 and $128 resistances. EOS price rallied more than 5% and it looks set to break the $3.00 hurdle. Stellar (XLM) is slowly correcting higher towards the $0.0800 and $0.0820 resistances. Tron (TRX) is slightly under pressure below the $0.0255 support level.
Bitcoin Cash Price Analysis
Bitcoin cash price found a strong buying interest above the $120 level against the US Dollar. BCH/USD started a fresh upward move and traded above the $122 and $124 resistance levels. It could continue to move higher and surpass the $125 and $128 resistances in the near term.
If there is a downside correction, the previous resistance near the $122 level is likely to act as a decent support in the coming sessions.
EOS, Stellar (XLM) and Tron (TRX) Price Analysis
EOS price performed really well and jumped more than 5%. It broke the $2.60 and $2.85 resistance levels. The