RATE Group | Crypto Market & Bitcoin Smash Resistance: BNB, BCH, LTC, EOS Analysis
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Crypto Market & Bitcoin Smash Resistance: BNB, BCH, LTC, EOS Analysis

28 Nov Crypto Market & Bitcoin Smash Resistance: BNB, BCH, LTC, EOS Analysis

Posted at 07:14h in Bitcoin News by

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  • The total crypto market cap broke a major resistance area near the $188.0B level.
  • Bitcoin price is up more than 5% and it broke the $7,400 resistance area.
  • Litecoin (LTC) price is slowly rising towards the $48.50 and $49.20 resistance levels.
  • BCH price is rising and it managed to climb above the $220 resistance area.
  • EOS price is now trading nicely above $2.500 and it might soon test $2.850.
  • Binance coin (BNB) is back above $16.00 and it could continue to rise above $16.50.

Bitcoin (BTC) and the crypto market cap are gaining bullish momentum. Many altcoins such as Ethereum (ETH), binance coin (BNB), ripple, litecoin, BCH, EOS, TRX, and ADA are recovering higher.

Bitcoin Cash Price Analysis

After a decent upward move, bitcoin cash price settled above the $200 level against the US Dollar. Moreover, BCH price broke the $210 resistance area and it is now trading near the $220 level. If it breaks the $225 resistance, there are chances of a strong rise in the near term.

If there is a downside…

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