Bitcoin And Crypto Market Rising: BCH, Litecoin, EOS, XLM Analysis
technical analysis

Bitcoin And Crypto Market Rising: BCH, Litecoin, EOS, XLM Analysis

THELOGICALINDIAN - Bitcoin BTC and the crypto bazaar cap are currently aggressive college Ethereum ETH LTC ripple bitcoin banknote EOS TRX and arch could abide to rise

Bitcoin Cash Price Analysis

After testing the $205 abutment area, bitcoin banknote amount started trading in a ambit adjoin the US Dollar. BCH amount is boring ascent and it is currently trading aloft the $210 level. On the upside, there are two important hurdles abreast the $220 and $225 levels, aloft which the amount could billow appear the $250 level.

On the downside, the capital supports are abreast $205 and $200, beneath which there is a accident of a aciculate abatement appear the $185 level.

Litecoin (LTC), EOS and Stellar (XLM) Price Analysis

Litecoin amount is boring convalescent and it afresh managed to move aback aloft the $45.00 level. LTC is acceptable to abide higher, but there are abounding key resistances such as $46.50 and $48.20. The capital hurdle is still abreast the $50.00 area for the bulls.

EOS amount is assuming absolute signs aloft the $2.650 and $2.700 attrition levels. However, the amount is acceptable to attempt abreast the $2.850 akin (the antecedent breakdown zone). The abutting key barrier for added assets is abreast the $3.000 level. On the downside, there are supports abreast $2.600 and $2.500.

Stellar amount managed to breach aloft the $0.0520 and $0.0500 abutment levels. XLM amount is currently acclimation college and is trading aloft the $0.0550 level. If there is an upside breach aloft $0.0565, the amount could acceleration appear the $0.0585 and $0.0600 attrition levels in the abreast term.

Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a abiding accretion from the $186.0B abutment area. The crypto bazaar cap is currently aloft $195.0B and it seems like it could anon ascend aloft the $200.0B and $205.0B attrition levels. The abutting above attrition is abreast the $220.0B area.

In the mentioned case, there could be a abiding acceleration in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and added altcoins in the advancing sessions.