THELOGICALINDIAN - Bitcoin and the crypto bazaar cap are currently extending their abatement Ethereum ETH EOS Tron TRX BCH ripple ADA and BNB are trading in a bearish zone
Bitcoin Cash Price Analysis
After a able decline, BCH amount begin abutment abreast the $200 akin adjoin the US Dollar. The amount started an upside alteration and traded aloft the $210 level. However, the amount struggled to breach the $225 attrition akin and it is currently trading with a bearish bias.
It seems like the amount ability already afresh breach the $210 support. If there is a downside break, the amount could alike breach the key $200 abutment breadth in the abreast term.
EOS, Tron (TRX) and ADA Price Analysis
EOS amount beneath heavily and acclimatized beneath the $3.000 abutment area. The amount is currently trading beneath the $2.850 abutment breadth and it ability anon analysis the $2.700 or $2.650 support. The capital abutment on the downside is abreast the $2.500 level. On the upside, a abutting aloft $3.000 is bare for a appropriate recovery.
Tron amount is trading in a able declivity beneath the $0.0150 level. TRX amount alike bankrupt the $0.0140 abutment and it is currently abutting the $0.0130 level. If there are added downsides, the amount could analysis the $0.0120 akin in the advancing sessions.
Cardano amount is bottomward added than 25% in the accomplished few canicule and it is now trading able-bodied beneath the $0.0500 level. ADA amount bankrupt the $0.0400 abutment and it is now abutting the $0.0350 support. On the upside, the antecedent abutment abreast $0.0400 may conceivably act as a attrition area.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there are abounding bearish signs arresting beneath the $210.0B and $220.0B attrition levels. Therefore, there are aerial affairs of a downside breach beneath the $200.0B and $195.0B abutment levels. The abutting key abutment on the downside is abreast the $180.0B level. Overall, there are abounding signs, suggesting added downsides in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and added altcoins in the abreast term.
