Bitcoin Smashes $12K, Crypto Cap Up $25 Billion: BCH, LTC, EOS, ADA Analysis
technical analysis

Bitcoin Smashes $12K, Crypto Cap Up $25 Billion: BCH, LTC, EOS, ADA Analysis

THELOGICALINDIAN - The crypto bazaar cap surged aloft 3400B bitcoin BTC bankrupt 12024 and Ethereum ETH climbed aloft 330 Altcoins such as ripple litecoin BCH EOS tron TRX and ADA could abide higher

Bitcoin Cash Price Analysis

There was a apathetic and abiding acceleration in bitcoin banknote amount from the $460 abutment adjoin the US Dollar. The BCH/USD brace climbed aloft the $470 and $480 attrition levels to move into a absolute zone. The amount is now trading aloft $485 and it seems like the beasts are acceptable to advance the amount aloft the $500 barrier in the abreast term.

Above $500, the amount could advance appear the $515 and $520 levels. On the downside, the capital supports are abreast $480 and $470.

Litecoin (LTC), EOS and Stellar (XLM) Price Analysis

Litecoin amount is trading with a absolute bent aloft the $125 and $130 abutment levels. LTC amount is adverse a able attrition abreast the $140 level, aloft which there are affairs of aciculate assets appear the $150 level. On the downside, a breach beneath the $130 abutment ability alpha a bearish wave.

EOS amount acclimatized aloft the $7.20 and $7.25 abutment levels. It seems like the amount is adverse a boxy attrition abreast the $7.45 and $7.50 levels, aloft which there are aerial affairs of a run appear the capital $8.00 resistance.

Cardano amount charcoal in an uptrend aloft the $0.0900 and $0.0920 abutment levels. ADA amount afresh bankrupt the $0.0950 and $0.0980 attrition levels. It is currently abreast $0.1000 and it may conceivably abide to acceleration appear the $0.1050 and $0.1100 levels.

Crypto Market Bitcoin BTC BCH EOS TRX XLM LTC ADA

Looking at the absolute cryptocurrency bazaar cap alternate chart, there was a aciculate acceleration aloft the capital $325.0B attrition level. The bazaar cap acquired added than $25 billion and bankrupt the $340.0B resistance. The accepted abstruse accumulation is actual positive, suggesting added upsides appear the $350.0B and $360.0B levels. If there is a downside correction, the antecedent attrition abreast the $325.0B akin is acceptable to act as a able support. Overall, there are affairs of added upsides in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and added altcoins.