Crypto Market Update: Bitcoin Cash, Tron (TRX), ADA, IOTA Price Analysis

The total crypto market cap declined heavily and broke the $115.00B support level.Bitcoin cash extended losses and traded below the $130 support level.Tron (TRX) started a downside move and traded below the $0.0250 support level.Cardano (ADA) is moving lower and it may soon test the $0.0400 support zone.IOTA (MIOTA) is down more than 7% and it recently broke the $0.3000 support.The crypto market is under a lot of selling pressure, dragging bitcoin (BTC) and Ethereum below key supports. Moreover, ripple, Litecoin (LTC), Tron (TRX), IOTA and Cardano (ADA) also fell significantly.Bitcoin Cash Price AnalysisBitcoin cash price started a major downside move from well above the $160 support. BCH/USD broke the $150 and $140 support to enter a bearish zone. Recently, sellers pushed the price below the $130 support and pushed it towards the $120 support.The price is currently consolidating losses near $125, with an immediate resistance at $130. The main…

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