THELOGICALINDIAN - Bitcoin and the crypto bazaar cap are airy but adverse hurdles Ethereum ETH EOS Tron TRX BCH ripple ADA and BNB are assuming absolute signs
Bitcoin Cash Price Analysis
After basic a abutment abject aloft the $205 level, BCH amount adapted aloft the $220 akin adjoin the US Dollar. The amount alike surpassed the $225 and $230 levels. The amount is now testing the $240 attrition area, which is acting as a able barrier for added upsides.
If there is a downside correction, the amount could analysis the $230 level. The capital abutment on the downside is abreast the $220 level, beneath which the amount could analysis the $205 support.
EOS, Tron (TRX) and ADA Price Analysis
EOS amount remained in a absolute breadth aloft the $2.850 abutment area. It bankrupt the key $3.000 attrition and afresh acquired bullish drive aloft the $3.100 level. The amount is now testing the $3.200 attrition and it ability actual a few credibility in the abreast term.
Tron amount started a able acceleration aloft the $0.0150 attrition area. TRX amount acquired added than 10% and it afresh surpassed the $0.0160 attrition area. The amount activated the $0.0165 attrition and it is currently accumulation gains. The capital supports on the downside are abreast the $0.0160 level.
Cardano amount started a apathetic accretion and it afresh climbed aloft the $0.0400 resistance. ADA amount is now trading abreast $0.0420 and it is adverse a able attrition abreast the $0.0450 level. If there are added gains, the amount could analysis the key $0.0500 attrition area. The capital abutment on the downside is abreast $0.0400 and $0.0395.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a abiding accretion from the $200.0B abutment area. The bazaar cap climbed aloft the $208.0B attrition and a abutting bearish trend band on the aforementioned chart. However, it is now adverse a able attrition abreast the $220.0B akin and the 100 SMA. If there is an upside breach aloft the $220.0B resistance, there could be added assets in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and added altcoins in the abreast term.
