THELOGICALINDIAN - The crypto bazaar cap and bitcoin BTC are assuming a lot of bearish signs Ethereum ETH binance bread BNB ripple BCH tron TRX litecoin and EOS are trading abreast key supports
Bitcoin Cash Price Analysis
After a abbreviate appellation advancement correction, bitcoin banknote amount bootless to ascend aloft the $225 attrition breadth adjoin the US Dollar. The BCH/USD brace is currently crumbling and it is trading abreast the $205 abutment area.
On the downside, the capital abutment is abreast the $200 level. If there is a downside breach beneath the $200 handle, there is a accident of added losses in the abreast term. The abutting key abutment is abreast the $185 level.s
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS amount bootless to beat the $2.700 attrition breadth and afresh started a beginning decline. The amount is now trading beneath the $2.600 akin and it is abutting the $2.500 abutment area. If there is a downside breach beneath the $2.500 level, there is a accident of added losses appear $2.350.
Tron amount is assuming a lot of bearish signs and it afresh acclimatized beneath the $0.0140 level. TRX amount is about to abide lower arise the $0.0135 abutment area, area buyers are acceptable to appear. On the upside, there are abounding hurdles abreast $0.0140 and $0.0142.
Binance bread (BNB) followed a bearish aisle beneath the $15.00 attrition area. BNB amount alike acclimatized beneath the $14.50 akin and it could abide to abatement appear the $14.00 abutment area. Any added losses beneath $14.00 ability put the beasts beneath a lot of burden in the abreast term.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a abiding abatement beneath the $195.0B level. The crypto bazaar cap alike bankrupt the $192.0B abutment and it is now beneath the $190.0 level. If there is a downside breach beneath $185.0B and $182.0B, the bazaar cap could abide to slide.
Therefore, there are affairs of added downsides in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX in the abreast term.
