Crypto Market Update: Stratis (STRAT), Stellar (XLM), Bitcoin Cash, ADA Price Analysis
technical analysis

Crypto Market Update: Stratis (STRAT), Stellar (XLM), Bitcoin Cash, ADA Price Analysis

THELOGICALINDIAN - Key Points

Bitcoin banknote rallied aloft the $125-130 attrition and it may abide higher. Stratis (STRAT) surged almost 40%, and Ethereum, ripple, Stellar (XLM), EOS and Cardano (ADA) abide aloft key supports.

The accomplished two canicule were cool bullish for bitcoin banknote as it rallied aloft the $100 and $120 attrition levels. Today, it acquired added than 20% and bankrupt the $130 and $135 resistances. BCH is currently trading abreast the $140 akin and it charcoal accurate on dips.

After a accessory downside correction, it seems like the amount may advance aloft the $140 and $145 attrition levels. On the downside, the key supports are at $132 and $125.

Stratis performed absolutely able-bodied afresh and rallied added than 40%. STRAT bankrupt the $1.15 and $1.25 attrition levels to move into a absolute zone. It is currently trading aloft $1.30 and it may abide to acceleration appear $1.35 or $1.40.

Stellar amount acquired bullish drive aloft the $0.1200 attrition level. XLM traded aloft the $0.1220 and $0.1250 attrition levels, but it faced a able attrition abreast $0.1265. It after adapted beneath $0.1200 and currently accumulation aloft the $0.1150 support.

Cardano amount pumped aloft the $0.0320 and $0.0350 attrition levels. ADA traded abutting to the $0.0380 akin and after adapted lower. It charcoal able-bodied accurate abreast the $0.0350 and $0.0320 levels.

Crypto Market Cap Total STRAT, XLM, ADA

Looking at the absolute cryptocurrency bazaar cap alternate chart, there was a cogent advancement move aloft the $115.00B and $120.00B attrition levels. The bazaar cap affected the $126.70B akin and after adapted lower. However, there are abounding abutment supports on the downside abreast $116.00B and a bullish trend band on the aforementioned chart. Therefore, it seems like dips abide accurate in Bitcoin, Ethereum, litecoin, EOS, stellar, ripple, and added altcoins in the abbreviate term.