Crypto Market Rallies $15 Billion: Bitcoin Cash, Litecoin, EOS, XLM Analysis
technical analysis

Crypto Market Rallies $15 Billion: Bitcoin Cash, Litecoin, EOS, XLM Analysis

THELOGICALINDIAN - The crypto bazaar cap acquired acutely with absolute moves in bitcoin BTC and Ethereum ETH Altcoins such as LTC ripple bitcoin banknote EOS TRX and arch are additionally affective higher

Bitcoin Cash Price Analysis

Bitcoin banknote amount assuredly bankrupt the $400 attrition adjoin the US Dollar to move into a absolute zone. The BCH/USD brace alike austere the $405 attrition and it is currently trading aloft the $410 level. An actual attrition on the upside is abreast $420, aloft which there are affairs of added assets aloft $425.

On the downside, the $410 akin ability act as a appropriate support, beneath which there is a accident of a bead aback appear the $400 or $395 support.

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

Litecoin amount acclimatized aloft the $130 akin and it is currently affective higher. LTC amount is currently up added than 3% and it is acceptable to ascend aloft the $135 and $138 levels. The capital attrition for the beasts is abreast the $140 level. On the downside, the contempo attrition at $130 could accommodate support.

EOS amount managed to accretion absorption aloft the $6.45 and $6.50 attrition levels. The amount is now trading accurately aloft the $6.60 akin and it ability abide to acceleration in the abreast term. The abutting key resistances are abreast $6.70 and $6.75.

Stellar amount is trading able-bodied aloft the $0.1200 abutment akin and it is boring affective higher. XLM amount is about to breach the $0.1250 attrition and it could abide to acceleration appear the $0.1280 and $0.1300 levels.

Crypto Market Cap Bitcoin Cash BTC BCH EOS Litecoin LTC XLM

Looking at the absolute cryptocurrency bazaar cap 4-hours chart, there was a appropriate advancement move from the $246.0B beat low. The bazaar cap bankrupt the capital $250.0B and $252.0B attrition levels. It added added than $10B and grinded aloft the $260.0B level. A beat aerial was formed abreast $263.1B and it is currently acclimation lower. An actual abutment is abreast the $257.0B level, followed by a abutting bullish trend band with abutment abreast the $255.0B level. As continued as the bazaar cap is aloft the $250.0B axis level, there could be added upsides in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and added altcoins in the advancing sessions.