THELOGICALINDIAN - Bitcoin BTC and the crypto bazaar cap are bottomward acutely Many altcoins such as Ethereum ETH binance bread BNB ripple litecoin BCH EOS TRX and ADA are accelerating losses
Bitcoin Cash Price Analysis
This week, there were aciculate losses in BCH amount beneath the $280 abutment akin adjoin the US Dollar. The bears acquired momentum, consistent in abundant losses beneath the $270 and $265 levels. The amount is now trading beneath the $250 akin and it seems like it could abide to move bottomward appear the $240 support.
If there is an upside correction, the $255 and $260 levels are acceptable to act as hurdles. The capital attrition on the upside is now abreast the $280 level.
Binance Coin (BNB), Litecoin (LTC) and EOS Price Analysis
Binance bread (BNB) amount bootless to ascend aloft the $21.00 attrition area. As a result, there was a aciculate abatement in BNB amount beneath the $20.00 abutment area. The amount is now trading able-bodied beneath the $19.50 akin and it seems like the amount is abutting the $18.80 abutment area.
Litecoin amount is bottomward added than 5% today and it bootless to break aloft the capital $60.50 and $60.00 abutment levels. LTC amount is now trading beneath the $58.00 akin and it seems like the bears are aiming a analysis of the $55.00 abutment area. The abutting above abutment is abreast the $54.20 level.
EOS amount is crumbling heavily beneath the $3.500 abutment area. It bankrupt the $3.350 abutment breadth and it is now trading abreast the $3.200 abutment area. The abutting key abutment is abreast the $3.120 level, beneath which it could alike analysis the $3.050 support.
Crypto Market Cap
Looking at the absolute cryptocurrency bazaar cap alternate chart, there were aciculate losses this ages from the $250.0B resistance. The crypto bazaar cap is bottomward abutting to $40.0B and it is now abutting the $210.0B support. The abutting above abutment is abreast the $202.0B level.
Overall, 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.
