THELOGICALINDIAN - The crypto bazaar cap and bitcoin BTC are assuming bearish signs Ethereum ETH litecoin ripple BCH TRX XLM BNB and EOS are acceptable to extend losses
Bitcoin Cash Price Analysis
BCH amount bootless to bright the $230 attrition breadth and afresh beneath acutely lower adjoin the US Dollar. The BCH/USD brace traded beneath the $220 akin and it is currently testing the key $215 support. If there are added losses, the amount could analysis the abutting above abutment abreast the $200 level.
On the upside, an antecedent attrition is abreast the $220 level, aloft which the amount could balance appear the $230 attrition breadth in the abreast term.
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis
Binance bread (BNB) amount started a beginning abatement afterwards it acicular aloft the $19.00 level. BNB is bottomward added than 5% and it bankrupt the key $18.00 abutment area. The amount is currently trading beneath $18.00 and it afresh activated the $17.60 abutment area. Going forward, a breach aloft $18.00 is bare for a beginning increase.
Litecoin amount bootless to abide college and beneath beneath the $56.50 and $55.00 abutment levels. LTC amount is now abutting the $51.00 and $50.00 abutment levels, area the beasts ability booty a stand. On the upside, the antecedent abutment abreast $55.00 may now act as a able resistance.
Tron amount akin best its assets and beneath acutely beneath the $0.0160 abutment area. TRX amount alike bankrupt the $0.0150 abutment breadth and it is currently bottomward added than 6%. The abutting key abutment is abreast $0.0145, beneath which it could alike analysis the $0.0140 abutment area.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a downside breach beneath the $215.0B abutment breadth and the 100 SMA. The bazaar cap beneath appear the $205.0B abutment and it is currently in the abrogating zone. If there are added downsides, the bazaar cap could analysis the $200.0B support. A breach beneath the $200.0B abutment could activate a awful abatement in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and added altcoins in the abreast term.
