THELOGICALINDIAN - The crypto bazaar cap and bitcoin BTC are extending their abatement Ethereum ETH litecoin ripple BCH TRX XLM BNB and EOS are trading with a able bearish bias
Bitcoin Cash Price Analysis
BCH amount bootless to break aloft the capital $305 and $300 abutment levels adjoin the US Dollar. The BCH/USD brace started a beginning abatement and bankrupt the $300 support. The amount acquired bearish drive and activated the $280 abutment area. The accepted amount activity is bearish, suggesting added losses beneath the $275 support.
On the upside, an actual attrition is abreast the $290 level. However, the capital resistances are abreast the $300 and $305 levels (the contempo supports).
Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis
Binance bread (BNB) amount is beneath a lot of affairs burden as it fell added than 12% in the accomplished few hours. BNB amount bankrupt the $24.00 and $23.50 abutment levels to access a bearish zone. Besides, the amount activated the $22.00 abutment akin and it is currently accumulation losses.
Litecoin amount is bootless to break aloft the $72.00 and $70.00 abutment levels. LTC amount is bottomward about 10% and it afresh bankrupt the $68.00 support. The abutting key supports on the downside are abreast the $65.20 and $65.00 levels.
Tron amount is bottomward about 12% and it bankrupt the capital $0.0165 support. TRX amount alike traded beneath the $0.0155 akin and traded abutting to the $0.0152 level. The abutting key abutment is abreast the $0.0150 level. On the upside, the $0.0158 and $0.0160 levels are acceptable to stop upsides.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a downside addendum beneath the $250.0B and $245.0B abutment levels. The bazaar cap is now trading beneath $240.0B and it may anon breach the $235.0B and $232.0B abutment levels. The abutting above abutment is abreast the $225.0B level. On the upside, there are abounding hurdles abreast the $250.0B and $253.0B levels. Moreover, there are two bearish trend curve basic with attrition abreast $255.0B. Overall, upsides are acceptable to be capped in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and added altcoins in the abreast term.
