THELOGICALINDIAN - Bitcoin BTC and the crypto bazaar cap are accepting bearish drive Many altcoins such as Ethereum ETH binance bread BNB ripple litecoin BCH EOS TRX and ADA are sliding
Bitcoin Cash Price Analysis
After a appropriate advancement move, bitcoin banknote amount begin attrition abreast the $215 akin adjoin the US Dollar. As a result, BCH amount started a beginning abatement and afresh bankrupt the $205 and $200 abutment levels.
The amount is now trading able-bodied beneath $200 and it seems like it could abide to abatement appear the $185 support. On the upside, the amount is acceptable to attempt abreast $205 and $210.
Binance Coin (BNB), Litecoin (LTC) and EOS Price Analysis
Binance bread (BNB) amount bootless to break aloft the $13.80 abutment and it afresh beneath beneath the $13.50 support. BNB amount is now trading abutting to $13.20 and it seems like there are affairs of a dip appear the $13.00 level. Conversely, BNB charge ascend aloft $13.50 and $13.80 to balance losses.
Litecoin amount is bottomward about 5% and it bankrupt abounding supports abreast $41.00 and $40.00. LTC amount activated the $38.80 abutment and it is currently accumulation losses. An upside alteration appear $40.00 and $40.50 ability face sellers. On the downside, the capital supports are abreast $38.80 and $38.50.
EOS amount is additionally bottomward abutting to 5% and it traded beneath the key $2.550 and $2.500 abutment levels. It traded abutting to the $2.400 akin afore starting an upside correction. However, the antecedent supports abreast $2.500 and $2.550 may now act as hurdles in the abreast term.
Looking at the absolute cryptocurrency bazaar cap alternate chart, there was a downside addendum beneath the $185.0B and $180.0B abutment levels. The crypto bazaar cap tagged the $178.0B abutment and it is currently acclimation higher.
However, the bazaar cap is acceptable to attempt abreast $185.0B and it ability accelerate further. Therefore, there are affairs of added downsides in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and added altcoins in the abreast term.
