Crypto Market Trading Sideways: XLM Shoots Up, Bitcoin Cash, EOS, TRX Analysis

techanalysis alts5 1500x700 2

The total crypto market cap is facing a strong resistance near the $129.0B and $130.0B levels.Bitcoin cash price recovered above the $132 resistance and it could climb towards the $135 level.EOS price is back above the $3.60 level, with a positive angle.Stellar (XLM) price gained more than 5% and broke the $0.1000 and $0.1050 resistances.Tron (TRX) is trading above the $0.0220 level and it could test the $0.0230 resistance.The crypto market is trading sideways below key resistance levels. Stellar (XLM) gained recently, while bitcoin (BTC), Ethereum (ETH), BCH, EOS, ripple and tron (TRX) are preparing for the next break.Bitcoin Cash Price AnalysisBitcoin cash price recently moved above the $130 pivot level with a positive tone against the US Dollar. The BCH/USD pair even moved above the $132 resistance, opening the doors for a push towards the $135 resistance area in the near term.The $135 resistance area is likely to act…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE