Altcoins Dragging Crypto Market Cap Higher: BCH, BNB, EOS, TRX Analysis
technical analysis

Altcoins Dragging Crypto Market Cap Higher: BCH, BNB, EOS, TRX Analysis

THELOGICALINDIAN - The crypto bazaar cap acquired afterwards a able acceleration in Ethereum ETH and ripple Bitcoin BTC is accumulation while binance bread BNB BCH tron TRX litecoin and EOS could abide to rise

Bitcoin Cash Price Analysis

After basic a solid abutment aloft the $300 level, BCH amount started addition advancement move adjoin the US Dollar. The BCH/USD brace bankrupt the $310 and $320 levels to move added into a absolute zone. The amount is up about 5% and it is currently accumulation assets aloft the $320 level.

On the upside, an actual attrition is abreast the $325 level, aloft which the amount could assemblage appear the $340 level. On the downside, the capital supports are abreast the $310 and $305 levels.

Binance Coin (BNB), EOS, Tron (TRX) Price Analysis

EOS amount is assuming absolute signs aloft the $4.000 and $4.050 levels. The amount is currently accumulation aloft the $4.100 akin and it seems like it could alpha a able acceleration appear the $4.400 and $4.500 attrition levels in the abreast term. Conversely, a breach beneath $4.000 could alpha a downside correction.

Tron amount started a able acceleration in the accomplished three sessions aloft the capital $0.0165 attrition area. TRX amount is up added than 10% and it afresh surpassed the $0.0170 attrition level. It is now trading aloft $0.0172 and it could anon analysis the $0.0180 attrition area.

Binance bread (BNB) is assuming absolute signs and it afresh bankrupt the $21.00 and $21.20 attrition levels. BNB amount alike surpassed the $21.50 attrition and acquired added than 6% in the accomplished few hours. The abutting key attrition on the upside is abreast the $22.00 level.

Bitcoin Altcoins ETH XRP EOS BNB TRX ADA LTC

Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a apathetic and abiding acceleration aloft the $250.0B and $255.0B attrition levels. Bitcoin amount remained in range, but it seems like altcoins abject the bazaar cap higher. Recently, there was a breach aloft the $260.0B resistance, aperture the doors for a move appear the $275.0B and $280.0B attrition levels. Overall, bitcoin ability actual lower, but there could be added assets in Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX in the abreast term.