Crypto Market Hits $200 Billion, Bitcoin Rallies To $7K: BCH, LTC, EOS, ADA Analysis
technical analysis

Crypto Market Hits $200 Billion, Bitcoin Rallies To $7K: BCH, LTC, EOS, ADA Analysis

THELOGICALINDIAN - The crypto bazaar cap rallied to the 200 billion akin while bitcoin BTC climbed appear 7000 Altcoins additionally started an advancement move with assets in Ethereum ETH litecoin ripple EOS tron TRX and ADA

Bitcoin Cash Price Analysis

There was a able advancement move in bitcoin banknote amount aloft the $295 attrition akin adjoin the US Dollar. The BCH/USD brace climbed added than 10% and bankrupt the $300, $310 and $315 attrition levels. The amount is currently trading aloft the $320 akin and it may abide to acceleration appear the $330 or $340 level.

Besides, if there is a downside correction, the contempo hurdle abreast the $310 and $300 levels could act as a able abutment for the beasts in the abreast term.

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

Litecoin amount rallied added than 15% and it afresh austere the $80.00 and $85.00 attrition levels. LTC amount is accepting drive and it seems like it could analysis the $88.00 or $90.00 akin in the abreast term.

EOS amount additionally followed added aloft altcoins and acquired added than 10%. The amount surpassed the capital $5.05 attrition akin and afresh climbed aloft the $5.20 level. The abutting key attrition is at $5.35, aloft which the amount could analysis the $5.50 attrition level.

Cardano amount assuredly started a able advancement move aloft the $0.0680 and $0.0685 attrition levels. ADA amount is up about 12% and it afresh austere the $0.0700 and $0.07100 attrition levels. If the beasts abide in action, the amount may acceleration appear the $0.0730 level.

Crypto Market Cap Bitcoin Cash BTC BCH ETH XRP ADA LTC EOS

Looking at the absolute cryptocurrency bazaar cap alternate chart, there was a abiding acceleration aloft the $180.0B and $185.0B attrition levels. The bazaar cap acquired added than $10 billion and bankrupt a aloft bullish pattern. It surged appear the $200.00 billion bazaar cap and it is currently acclimation lower. On the downside, there are abounding supports abreast the $195.0B and $192.0B levels. On the upside, a bright breach aloft the $200.0B attrition may accessible the doors for added assets appear the $205.0B and $208.0B levels. Therefore, dips abide accurate in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and added altcoins.