Crypto Market Approaching Next Break: Bitcoin Cash, Litecoin, EOS, XLM Analysis

2019-4-30 09:00

The total crypto market cap is currently placed nicely above the $162.5B and $164.0B supports. Litecoin (LTC) price is currently trading below $70.00, but it could recover in the short term. Bitcoin cash price declined below $250 and it remains at a risk of more losses. EOS price is under pressure and it could face sellers near $4.65 or $4.70 in the coming sessions. Stellar (XLM) price is likely to make an attempt to regain the $0.1000 pivot level.

The crypto market cap is forming a breakout pattern, with range moves in bitcoin (BTC) and Ethereum (ETH). Altcoins such as litecoin (LTC), ripple, bitcoin cash, EOS, tron (TRX), and stellar (XLM) could correct higher.

Bitcoin Cash Price Analysis

Bitcoin cash price declined heavily in the past two days and broke the $260 and $250 support levels against the US Dollar. The BCH/USD pair even traded below the $235 level and recently recovered above $240. On the upside, there are many hurdles near the $245 and $250 levels.

A close above the $250 level could start a decent upward move towards the $265 and $270 resistance levels. On the downside, there are many supports near $235, $230 and $222.

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

Litecoin price settled below the key $75 support area and declined below $70. LTC price is currently correcting higher towards $71 and $72. Above the mentioned levels, the price is likely to correct higher towards the $75 resistance level in the near term.

EOS price declined below the $4.60 and $4.55 support levels. It found support just above $4.50 and it is currently correcting higher. An initial resistance is near the $4.65 level, above which the price may perhaps rise towards the $4.72 and $4.75 resistance levels. On the downside, the main supports for the bulls are $4.55 and $4.50.

Stellar price settled below the key $0.1000 support level and traded below $0.0950. XLM price is currently correcting higher and it is likely to make an attempt to regain the $0.1000 pivot level. On the upside, the next resistances are near $0.1040 and $0.1050.

Looking at the total cryptocurrency market cap hourly chart, there was a break above the $168.0B level, but the $170.0B resistance prevented further upsides. The market cap is currently consolidating and trading inside a contracting triangle with resistance near the $168.0B level. If there is an upside break above $168.0B and $170.0B, the market cap could rebound higher towards the $175.0B resistance level. Conversely, a downside break below the $164.0B support might spark more bearish moves in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins in the short term.

The post Crypto Market Approaching Next Break: Bitcoin Cash, Litecoin, EOS, XLM Analysis appeared first on NewsBTC.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 63615.75 (+0.11%)
Объем 24H $24.001b
Изменеия 24h: 3.14 %, 7d: 0.44 %
Cегодня L: $62555.32 - H: $64325.46
Капитализация $1252.852b Rank 1
Цена в час новости $ 5279.12 (1105.04%)

eos crypto litecoin price cash market bitcoin

Источник: newsbtc.com

eos crypto → Результатов: 126


Can The Blazing Fast EOS 2.0 Save Eos, The Token?

The crypto currency EOS is known to many crypto users as the longest ICO of all time. The EOSIO 2.0 update gives you the opportunity to take a closer look at the project and the latest changes. These are of particular interest as they make the network more powerful as well as making dApp developers’ […]The post Can The Blazing Fast EOS 2.0 Save Eos, The Token? appeared first on CaptainAltcoin.

2019-11-19 00:49


Is EOS An Actual Crypto?

EOS is the world’s fifth most valuable cryptocurrency, according to Coinmarketcap with a market value of $11.49 billion.   Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? At a time when most of the major cryptocurrencies have been hit hard and have lost a lot of their […]

2018-6-13 16:25


Фото:

Is It Right That EOS Is Forcing You To Give Up Your Private Key?

As the EOS MainNet launch continues, after the worlds biggest and most successful ICO that has really delivered EOS to the fore, we are now seeing the network sit within a state of limbo. A state of limbo that is requiring investors to confirm their private key in order to prove asset ownership, in order to allow them to place a vote on who will be allowed to process transactions on the new EOS blockchain.

2018-6-13 13:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Stellar announces testnet for Protocol 20 upgrade

Stellar (XLM) will activate the testnet for Protocol 20, its latest network upgrade, on September 20 at 15:00 UTC. The upgrade will introduce the Soroban smart contracts on mainnet. XLM price was largely muted around $0.

Crypto derivatives exchange Bitget lists Stellar (XLM)

Bitget has listed Stellar (XLM), a project that’s currenly a $3. 4 billion market cap token. Bitget has announced the listing of Stellar (XLM), with the token added to the crypto derivatives platform’s Innovation Zone and Payment Zone.

Stellar price prediction: XLM up 5% as bulls eye major resistance area

XLM price is up nearly 5% as it trades around $0. 095. The Stellar price looks poised to retest resistance at $0. 10, which could open a path for bulls to target $0. 13. Sentiment is positive after latest news involving Stellar Development Foundation and US-based crypto-focused company Coinme.