RATE Group | Bitcoin & Crypto Market Signaling Bullish Reversal: BNB, BCH, LTC, EOS Analysis
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Bitcoin & Crypto Market Signaling Bullish Reversal: BNB, BCH, LTC, EOS Analysis

19 Dec Bitcoin & Crypto Market Signaling Bullish Reversal: BNB, BCH, LTC, EOS Analysis

Posted at 06:26h in Bitcoin News by

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  • The total crypto market cap is up more than $20.0B and it climbed back above $185.0B.
  • Bitcoin price is up more than 10% and it broke the key $7,000 resistance area.
  • Litecoin (LTC) price is gaining traction and it is back above the $40.00 pivot level.
  • BCH price is correcting higher and moving towards the $192 and $195 resistance levels.
  • EOS price is surging and it is now trading above the $2.400 level.
  • Binance coin (BNB) jumped from $12.20 and it is now trading above the $13.00 resistance.

Bitcoin (BTC) and the crypto market cap are showing signs of a bullish reversal. Many altcoins such as Ethereum (ETH), binance coin (BNB), ripple, litecoin, BCH, EOS, TRX, and ADA are recovering.

Bitcoin Cash Price Analysis

After a steady decline, bitcoin cash price found support near the $170 level against the US Dollar. BCH price started a decent recovery and it is now trading above the $180 level. An immediate resistance is near the $192 level. The main resistances are near the $195 and $200 levels.

On…

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