THELOGICALINDIAN - Bitcoin BTC and the crypto bazaar cap are captivation key abutment levels Many altcoins such as Ethereum ETH binance bread BNB ripple litecoin BCH EOS TRX and ADA are consolidating
Bitcoin Cash Price Analysis
After a downside correction, bitcoin banknote amount begin abutment abreast the $185 akin adjoin the US Dollar. BCH amount is currently affective college and it is trading aloft the $190 level. The amount is up about 4% and it could abide to acceleration appear the $200 attrition level.
On the downside, the $185 akin is a above abutment area. If there is a downside breach beneath the $185 support, the amount could revisit the $170 abutment area.
Binance Coin (BNB), Litecoin (LTC) and EOS Price Analysis
Binance bread (BNB) amount begin abutment abreast the $12.80 akin and afresh recovered aloft the $13.00 level. BNB amount is currently accumulation abreast $13.20 and it ability acceleration boring appear the capital $13.50 and $13.80 attrition levels.
Litecoin amount is somehow captivation the $40.00 abutment levels. On the upside, an antecedent attrition for LTC/USD is abreast the $41.20 level, aloft which the amount is acceptable to advance higher. The abutting above attrition is apparent abreast the $42.50 level. On the downside, the capital supports are $39.50 and $48.40.
EOS amount is trading with a absolute bent aloft the $2.500 attrition area. If the amount continues to rise, it could face hurdles abreast the $2.650 and $2.700 levels. On the downside, a bright breach beneath the $2.500 akin ability alpha addition abatement appear the $2.300 akin in the abreast term.
Looking at the absolute cryptocurrency bazaar cap alternate chart, there was a bootless blemish attack abreast the $195.0B attrition area. The crypto bazaar cap is now abreast the $185.0B akin and it seems like it could acceleration boring appear the $195.0B resistance.
Conversely, a breach beneath the $182.0B abutment ability atom a beginning abatement in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and added altcoins in the abreast term.
