RATE Group | Bitcoin And Crypto Market On The Edge: BCH, Litecoin, EOS, XLM Analysis
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Bitcoin And Crypto Market On The Edge: BCH, Litecoin, EOS, XLM Analysis

20 Dec Bitcoin And Crypto Market On The Edge: BCH, Litecoin, EOS, XLM Analysis

Posted at 05:52h in Bitcoin News by

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  • The total crypto market cap is likely preparing for the next move above $190.0B.
  • Bitcoin price is holding the main $7,000 pivot level and consolidating gains.
  • Litecoin (LTC) price is currently struggling to settle above the $40.00 region.
  • Bitcoin cash price is consolidating near the $185 level, with hurdles near $192 and $195.
  • EOS price is likely to slowly rise towards the $2.550 and $2.600 resistance levels.
  • Stellar (XLM) price must stay above $0.0450 to recover towards $0.0500.

Bitcoin (BTC) and the crypto market cap are holding key supports. Ethereum (ETH), LTC, ripple, bitcoin cash, EOS, TRX, and stellar are struggling to continue higher.

Bitcoin Cash Price Analysis

After tagging the $170 level, bitcoin cash price started a decent upside correction against the US Dollar. BCH price traded above the $180 level and it is currently consolidating near the $185 level.

On the upside, there are two important hurdles near the $192 and $195 levels, above which the price could climb towards the…

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