Bitcoin & Crypto Market Cap Approaching Resistance: LTC, BNB, BCH, TRX Analysis
technical analysis

Bitcoin & Crypto Market Cap Approaching Resistance: LTC, BNB, BCH, TRX Analysis

THELOGICALINDIAN - The crypto bazaar cap and bitcoin BTC are currently abutting key resistances Ethereum ETH BNB litecoin ripple BCH TRX XLM and EOS ability attempt to abide higher

Bitcoin Cash Price Analysis

After a acknowledged abutting aloft the $300 axis level, BCH amount started a appropriate advancement move adjoin the US Dollar. The BCH/USD brace bankrupt the key $315 and $320 attrition levels to move into a absolute zone. It is now up added than 5% and is trading aloft the $325 level.

If it continues to rise, the abutting above attrition is abreast the $340 level. Conversely, if there is a downside correction, the antecedent resistances abreast $320 and $315 are acceptable to accommodate supports in the abreast term.

Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis

Binance bread (BNB) amount backward aloft the $25.00 and $25.20 abutment levels. BNB amount is currently acclimation college aloft the $27.00 attrition level. On the upside, the capital resistances are $28.00 and $28.50, area the beasts are acceptable to face a able resistance.

Litecoin amount begin abutment abreast the $88.00 akin and afresh adapted aloft the $90.00 level. LTC amount is now abutting the $92.00 resistance, aloft which the amount could analysis the capital $95.00 attrition area.

Tron amount beneath heavily and alike traded abutting to the $0.0210 abutment area. TRX amount is currently acclimation college and is trading aloft the $0.0220 level. On the upside, the beasts ability attempt to beat the $0.0230 and $0.0232 attrition levels in the abreast term.

Bitcoin Crypto Market Cap Altcoins ETH, XRP, BCH, LTC, EOS, TRX, ADA, BNB

Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a appropriate abutment abject formed abreast the $248.0B level. The bazaar cap is currently acclimation college appear the key $265.0B and $270.0B attrition levels. There is additionally a aloft bearish trend band basic abreast the $265.0B akin and the 100 SMA. A acknowledged abutting aloft the $270.0B akin and the 100 SMA is bare for added gains. If the bazaar cap fails to breach the $270.0B resistance, there could be a beginning bearish beachcomber in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and added altcoins in the advancing sessions.