{"id":409575,"date":"2020-01-03T05:00:45","date_gmt":"2020-01-03T05:00:45","guid":{"rendered":"https:\/\/ktsl888.com\/?p=409575"},"modified":"2024-06-11T12:53:14","modified_gmt":"2024-06-11T12:53:14","slug":"bitcoin-crypto-market-facing-hurdles-bch-ltc-eos-analysis","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-crypto-market-facing-hurdles-bch-ltc-eos-analysis\/","title":{"rendered":"Bitcoin & Crypto Market Facing Hurdles: BNB, BCH, LTC, EOS Analysis"},"content":{"rendered":"
Bitcoin (BTC) and the crypto market cap are gaining bearish momentum. Many altcoins such as Ethereum<\/a> (ETH), binance coin (BNB), ripple<\/a>, litecoin, BCH, EOS, TRX, and ADA are sliding.<\/em><\/p>\n After a decent upward move, bitcoin cash price found resistance near the $215 level against the US Dollar. As a result, BCH price started a fresh decline and recently broke the $205 and $200 support levels.<\/p>\n The price is now trading well below $200 and it seems like it could continue to decline towards the $185 support. On the upside, the price is likely to struggle near $205 and $210.<\/p>\n Binance coin (BNB) price failed to stay above the $13.80 support and it recently declined below the $13.50 support. BNB price is now trading close to $13.20 and it seems like there are chances of a dip towards the $13.00 level. Conversely, BNB must climb above $13.50 and $13.80 to recover losses.<\/p>\n Litecoin price is down around 5% and it broke many supports near $41.00 and $40.00. LTC price tested the $38.80 support and it is currently consolidating losses. An upside correction towards $40.00 and $40.50 might face sellers. On the downside, the main supports are near $38.80 and $38.50.<\/p>\n EOS price is also down close to 5% and it traded below the key $2.550 and $2.500 support levels. It traded close to the $2.400 level before starting an upside correction. However, the previous supports near $2.500 and $2.550 may now act as hurdles in the near term.<\/p>\nBitcoin Cash Price Analysis<\/h2>\n
Binance Coin (BNB), Litecoin (LTC) and EOS Price Analysis<\/h2>\n