RATE Group | Bitcoin And Crypto Market Recovery Facing Floor Test: BCH, Litecoin, EOS, XLM Analysis
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Bitcoin And Crypto Market Recovery Facing Floor Test: BCH, Litecoin, EOS, XLM Analysis

26 Nov Bitcoin And Crypto Market Recovery Facing Floor Test: BCH, Litecoin, EOS, XLM Analysis

Posted at 07:22h in Bitcoin News by

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  • The total crypto market cap started an upside correction after tagging $171.8B.
  • Bitcoin price is up close to 10% and it is now trading above the $7,000 resistance.
  • Litecoin (LTC) price is gaining momentum and it could test the $48.50 resistance area.
  • Bitcoin cash price is climbing higher towards the main $220 and $225 resistance levels.
  • EOS price rallied 10% and it even broke the $2.500 resistance area.
  • Stellar (XLM) price is slowly rising towards the $0.0600 resistance area.

Bitcoin (BTC) and the crypto market cap closing towards key resistances. Ethereum (ETH), LTC, ripple, bitcoin cash, EOS, TRX, and stellar are showing short-term positive signs.

Bitcoin Cash Price Analysis

Recently, there was a sharp decline in bitcoin cash price below the $220 and $200 support levels against the US Dollar. BCH price even tagged the $185 support area and it is currently correcting higher. There was nice recovery above the $200 resistance level.

The price is now trading above $210, but there is a strong…

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