THELOGICALINDIAN - Bitcoin and the crypto bazaar cap are bottomward heavily beneath key supports Ethereum ETH EOS Tron TRX BCH ripple ADA and BNB are convalescent but adverse hurdles
Bitcoin Cash Price Analysis
Recently, BCH amount bootless to break aloft the $225 akin adjoin the US Dollar. As a result, there was a beginning abatement beneath the $215 support. The amount alike acicular beneath the $205 support, but the amount seems to be captivation the $200 abutment area.
The amount is currently recovering, but there are abounding hurdles on the upside abreast the $215 and $220 levels. On the downside, a abutting beneath the $200 abutment ability accessible the doors for added downsides appear the $185 level.
EOS, Tron (TRX) and ADA Price Analysis
EOS amount is bottomward added than 8% today and it alike bankrupt the $2.850 abutment area. The amount beneath appear the $2.500 abutment breadth and formed a low abreast the $2.550 level. It is currently recovering, but the antecedent abutment abreast $2.800 and $2.850 could act as a able resistance.
Tron amount faced a able affairs absorption afterwards it bootless to breach the $0.0155 resistance. TRX amount beneath acutely beneath $0.0150 and $0.0140. A low was formed abreast $0.0136 and the amount is currently recovering. On the upside, the $0.0145 and $0.0148 levels are acceptable to anticipate gains.
Cardano amount is acclimatized beneath the key $0.0400 abutment area. ADA amount activated the $0.0360 abutment and it seems to be disturbing to actual higher. On the upside, there are abounding hurdles abreast the $0.0400 and $0.0420 levels.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a aciculate bearish acknowledgment from the $218.0B attrition area. The bazaar cap dived added than 10% and alike bankrupt the key $200.0B abutment area. It activated the $190.0B akin and is currently acclimation higher. However, the antecedent abutment abreast the $200.0B akin ability act as a able resistance.
On the downside, the capital supports are abreast $190.0B and $185.0B. Overall, upsides are acceptable to abide capped in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and added altcoins.
