THELOGICALINDIAN - The crypto bazaar started a solid backlash from lows Bitcoin BTC BCH Ethereum EOS ripple arch XLM tron TRX and added above altcoins acquired drive with absolute moves
Bitcoin Cash Price Analysis
Bitcoin banknote amount formed a solid abutment abreast the $110 akin and after adapted college adjoin the US Dollar. BCH/USD acquired absorption and bankrupt $115 and $116 attrition levels. The amount is currently trading aloof beneath the $120 attrition level.
Going forward, there are affairs of added assets aloft the $120 and $122 attrition levels. On the downside, the capital supports are $116 and $115.
EOS, Stellar (XLM) and Tron (TRX) Price Analysis
EOS amount activated the $2.20 abutment akin afresh and after started a appropriate recovery. It bankrupt the $2.25 and $2.30 attrition levels, and now it seems like the amount ability ascend appear the $2.40 attrition level.
Stellar amount bankrupt the $0.1000 abutment akin afresh and confused into a bearish zone. XLM activated the $0.0820 abutment and it is currently acclimation higher. However, there are abounding hurdles for buyers on the upside such as $0.0900 and $0.0940.
Tron amount is currently accumulation aloft the $0.0270 abutment level. TRX needs to beat the $0.0280 and $0.0285 attrition levels to alpha a beginning advancement move. If it fails to move pas $0.0285, there is a accident of a downside move appear the $0.0265 abutment level.
Looking at the absolute cryptocurrency bazaar cap alternate chart, there was a solid accretion aloft the $108.00B and $110.00B attrition levels. The bazaar cap alike bankrupt the $112.00B attrition and activated the $114.00B zone, area sellers emerged. In the abbreviate term, there could be a downside correction, but there are abounding supports abreast $111.00B and $110.00B. Therefore, dips in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, and added altcoins abide supported.
