THELOGICALINDIAN - Key Points
The absolute crypto bazaar cap surged college aloft $110.00B. Bitcoin, Ethereum, ripple and altcoins like EOS, Cardano (ADA), Stellar (XLM) and Dogecoin rallied sharply.
After disturbing a lot beneath the $2.00 resistance, EOS amount assuredly formed a abutment abject for a solid rally. The amount acquired clip aloft the $2.00 attrition and bankrupt the $2.20 and $2.50 attrition levels. It is currently up added than 30% and it seems like there could be added assets appear $3.00.
On the downside, the $2.40 akin may act as a abbreviate appellation abutment if there is a bearish correction. Below $2.40, the abutting key abutment is abreast the $2.20 level.
Cardano amount assuredly acclimatized aloft the $0.0300 resistance level. ADA amount acquired added than 15% and traded aloft the $0.0320 resistance. The abutting stop for buyers could be abreast the $0.0350 level.
Stellar amount formed a solid abutment aloft the $0.1000 akin and rallied aloft the $0.1050 and $0.1100 attrition levels. On the upside, the abutting above attrition for buyers could be $0.1150 or $0.1200.
Dogecoin formed a solid abutment abreast the $0.0020 akin and after started an advancement move. DOGE amount rallied added than 20% afresh and traded abutting to the $0.0027 level. It may actual lower in the abbreviate term, but dips abide accurate abreast $0.00240 and $0.00220.
Looking at the absolute cryptocurrency bazaar cap alternate chart, there was a solid advancement move aloft the $105.00B and $110.00B attrition levels. Added importantly, there was a breach aloft a acute bearish trend band at $100.00B on the aforementioned chart. The bazaar cap affected the $114.25B akin and it seems like there could be added upsides. Therefore, there are affairs of added upsides in Bitcoin, Ethereum, EOS, litecoin, ripple, XLM and added altcoins in the abreast future.
