{"id":378296,"date":"2019-04-13T14:08:03","date_gmt":"2019-04-13T14:08:03","guid":{"rendered":"https:\/\/wncen.com\/?p=378296"},"modified":"2024-06-11T13:39:20","modified_gmt":"2024-06-11T13:39:20","slug":"crypto-market-bounce-bitcoin-cash-litecoin-ltc-eos-xlm-analysis","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-market-bounce-bitcoin-cash-litecoin-ltc-eos-xlm-analysis\/","title":{"rendered":"Crypto Market Could Bounce Back: Bitcoin Cash, Litecoin (LTC), EOS, XLM Analysis"},"content":{"rendered":"
The crypto market could bounce back since bitcoin (BTC<\/a>) and Ethereum<\/a> (ETH) are holding key supports. There could be a decent rebound in litecoin, ripple<\/a>, bitcoin cash, EOS, tron (TRX), stellar (XLM), and other altcoins.<\/em><\/p>\n Bitcoin cash price started a major downside correction below the $300 support area against the US Dollar. The BCH\/USD pair declined below the $285 and $280 support levels. The price tested the $260 support area and it is currently correcting higher.<\/p>\n However, the previous support levels at $285 and $280 are acting as resistances. Above these, the price is likely to revisit the $300 resistance area. On the downside, the main supports are $270 and $260.<\/p>\n Litecoin price failed to stay above the key $82 and $80 support levels. LTC traded close to the $75 support area and it is currently consolidating gains. It must move back above the $82 and $85 levels to start a fresh upward move. On the downside, a break below $75 may push the price towards the $70 level.<\/p>\n EOS price broke the $5.50 support area and declined sharply towards the $5.00 support. Later, it recovered and it is currently consolidating above the $5.20 support levels. On the upside, there are many resistances near the $5.35 and $5.40 levels. On the downside, the price might revisit the $5.00 support if it fails to stay above $5.20.<\/p>\nBitcoin Cash Price Analysis<\/h2>\n
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis<\/h2>\n