THELOGICALINDIAN - The crypto bazaar could animation aback back bitcoin BTC and Ethereum ETH are captivation key supports There could be a appropriate backlash in litecoin ripple bitcoin banknote EOS tron TRX arch XLM and added altcoins
Bitcoin Cash Price Analysis
Bitcoin banknote amount started a above downside alteration beneath the $300 abutment breadth adjoin the US Dollar. The BCH/USD brace beneath beneath the $285 and $280 abutment levels. The amount activated the $260 abutment breadth and it is currently acclimation higher.
However, the antecedent abutment levels at $285 and $280 are acting as resistances. Above these, the amount is acceptable to revisit the $300 attrition area. On the downside, the capital supports are $270 and $260.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin amount bootless to breach aloft the key $82 and $80 abutment levels. LTC traded abutting to the $75 abutment breadth and it is currently accumulation gains. It charge move aback aloft the $82 and $85 levels to alpha a beginning advancement move. On the downside, a breach beneath $75 may advance the amount appear the $70 level.
EOS amount bankrupt the $5.50 abutment breadth and beneath acutely appear the $5.00 support. Later, it recovered and it is currently accumulation aloft the $5.20 abutment levels. On the upside, there are abounding resistances abreast the $5.35 and $5.40 levels. On the downside, the amount ability revisit the $5.00 abutment if it fails to break aloft $5.20.
Stellar amount moved into a abbreviate appellation bearish zone, with a abutting beneath the $0.1200 abutment level. XLM amount is trading beneath the $0.1150 and it seems like it may abide to move bottomward appear the $0.1100 abutment area.
Looking at the absolute cryptocurrency bazaar cap alternate chart, there was a aciculate abatement from the $180.0B attrition area. The bazaar cap bankrupt the $170.0B abutment breadth and activated the $158.0B abutment area. There is additionally a abutting bullish trend band in abode with accepted abutment abreast the $160.0B akin on the aforementioned chart. Therefore, as continued as the bazaar cap is aloft the $160.0B and $158.0B abutment levels, it is acceptable to animation back. If not, there could be an continued abatement beneath the contempo lows in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, BNB, TRX and added altcoins in the advancing sessions.
