THELOGICALINDIAN - Bitcoin BTC and the crypto bazaar cap are signaling added downsides Ethereum ETH BCH arch XLM ADA EOS ripple and tron TRX abide at a accident of addition decline
Bitcoin Cash Price Analysis
Recently, bitcoin banknote amount climbed aloft $210 adjoin the US Dollar. However, BCH amount struggled to abide college and it started a beginning abatement beneath the $205 support. The amount is now trading abreast the $200 support, with a bearish angle.
If there is a downside breach beneath the $200 support, there is a accident of a aciculate decline. The abutting above abutment is abreast the $185 level. On the upside, there are abounding hurdles abreast $210 and $215.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS amount bootless to accretion backbone aloft the $2.650 and $2.600 attrition levels and afresh started a downside correction. It seems like the amount ability abide to abatement appear the $2.500 abutment area. Conversely, it charge achieve aloft $2.650 to abide college appear $2.800.
Stellar amount is afterward a able declivity beneath the $0.0500 resistance. XLM amount is now trading beneath the $0.0455 axis akin and it ability abide to decline. The capital supports on the downside are abreast $0.0420 and $0.0400.
Tron amount is bottomward added than 2% and it is trading beneath the $0.0135 support. An actual abutment is abreast the $0.0130 level, beneath which there is a accident of a aciculate abatement appear the $0.0120 abutment area. On the upside, there are key hurdles basic abreast $0.0135 and $0.138.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there were a few rejections abreast the $195.0B and $200.0B levels. As a result, there was a bearish acknowledgment beneath $190.0B and a abutting bullish trend line. It seems like there is a accident of added downsides beneath the $185.0B and $180.0B abutment levels.
Therefore, there could be addition abatement in bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, BNB, WAN, WTC, ICX, and added altcoins in the abreast term. Conversely, the crypto bazaar cap ability assemblage aloft $195.0B and $200.0B.
