THELOGICALINDIAN - Bitcoin and the crypto bazaar cap are eyeing added downsides Ethereum ETH EOS Tron TRX BCH ripple ADA and BNB are trading in a above downtrend
Bitcoin Cash Price Analysis
Recently, there was a above downside breach beneath the $300 abutment akin in BCH amount adjoin the US Dollar. The amount alike bankrupt the $280 abutment akin afresh to move added into a bearish zone. The abutting key abutment is abreast the $270 level, beneath which the amount could extend its abatement appear the $265 level.
If there is an upside correction, the $280 and $285 levels are antecedent hurdles. However, the capital attrition for the beasts on the upside is abreast the $300 level.
EOS, Tron (TRX) and ADA Price Analysis
EOS amount beneath acutely afterwards it bankrupt the $3.350 abutment level. The amount alike bankrupt the $3.100 akin afresh and traded abutting to the $3.000 level. At the moment, the amount is accumulation abreast $3.200 and it ability abatement afresh appear the $3.100 and $3.000 levels.
Tron amount is abiding aloft the $0.0150 abutment akin and it is currently accumulation losses. An actual attrition on the upside is abreast the $0.0160 level, area TRX amount could face a able affairs interest. The abutting key attrition is abreast the $0.0165 level.
Cardano amount acclimatized beneath the $0.0520 and $0.0500 abutment levels. ADA amount alike bankrupt the $0.0450 abutment and activated $0.0430. The amount is currently acclimation higher, but it ability attempt to breach the $0.0500 and $0.0520 attrition levels in the advancing sessions.
Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a apathetic and abiding abatement beneath the $250.0B abutment level. The bazaar cap alike bankrupt the $240.0B abutment and activated the $234.0B level. It is currently accumulation losses and it seems like there could be added downsides beneath the $232.0B and $230.0B levels. The abutting above abutment on the downside is abreast the $220.0B level. On the upside, there are abounding hurdles abreast $245.0B and $250.0B. Overall, there are affairs of added downsides in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and added altcoins in the abreast term.
