THELOGICALINDIAN - The crypto bazaar cap and bitcoin BTC are accepting bearish drive Ethereum ETH litecoin ripple BCH TRX XLM BNB and EOS are acceptable to extend downsides
Bitcoin Cash Price Analysis
Yesterday, BCH amount fabricated an attack to beat the $235 and $240 attrition levels adjoin the US Dollar. However, BCH bootless to abide college and started a beginning decline. It bankrupt the $225 akin and it is now trading abreast the $220 level.
The abutting key abutment is abreast the $215 level, beneath which it could revisit the $205 support. On the upside, an antecedent attrition is abreast the $230 level, but the capital hurdles are still $235 and $240.
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis
Binance bread (BNB) struggled to ascend aloft the $18.80 attrition this anniversary and afresh beneath beneath the $18.20 support. BNB amount is now trading beneath the $18.00 abutment and it could abide to abatement appear the $17.60 and $17.50 abutment levels. On the upside, the $18.00 and $18.20 levels are now hurdles for a beginning increase.
Litecoin amount fabricated abounding attempts to breach the $55.00 and $55.50 attrition levels, but it failed. As a result, LTC amount beneath afresh and bankrupt the $53.50 support. An actual abutment is abreast the $52.00 level, beneath which it could accelerate appear the $50.50 and $50.00 abutment levels.
Tron amount bootless to break aloft the $0.0152 and $0.0150 abutment levels. TRX amount is currently bottomward 5% and it is acceptable to abatement appear the $0.0145 abutment level. If there are added downsides, the abutting stop for the bears ability be abreast the $0.0142 level.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a cogent abortion abreast the $218.0B and $220.0B levels. As a result, the bazaar cap beneath afresh and bankrupt the $212.0B abutment area. An actual abutment is abreast the $205.0B area, beneath which there is a accident of an continued abatement appear the $200.0B area.
On the upside, the capital hurdles are abreast the $215.0B and $220.0B levels. Overall, there is a accident of added downsides in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and added altcoins in the abreast term.
