The growth of altcoins Bitcoin Cash, TRON BNB, LTC and EOS will continue – market analysis

Рост альткоинов Bitcoin Cash, TRON, BNB, LTC и EOS продлится - анализ рынка

Total cryptocurrency market has received a lot of support at $156 billion, and is now at $176 billion. the Price of altcoins came to life and promises a good profit. Given the factors of growth of the cryptocurrency market, traders believe that the season began altcoins.

Price EOS trading at $5,30 and can rise to the level of $5.40 to in the near future. Binance Coin (BNB), it seems, is configured to break above $20.00 each. The price of Bitcoin Cash adjusted lower after trading close to $350 resistance at $291,3. Price TRON is gaining momentum, and now the growth is about 7.4% $0,0273.

Bitcoin, Cash, litecoin, TRON (TRX), Binance Coin (BNB) and EOS establish the following breakthrough. Cryptocurrency market is supported and downs of bitcoin, Ethereum and Ripple stay with good rates.

Price Bitcoun Cash was the best among the top 10 coins because it exceeded the resistance level of $300. Pair BCH/USD even reached the level of $320 and traded close to the resistance level of $350. Recently, the asset has demonstrated a correction to the decline and fell sharply below $300. Support $275- $280 acted as a strong area of purchase. Thus, the price returns back and at the time of writing the price is $291,3.

Price EOS is established above the support level of $5.00 and $5,10. The price is currently konsolidiruyutsya above the level of $5,27, and it seems that it can trade above $5.30. Next stop could be $5,40, above which the price may rise to $5.75 and $5,80.

Price ТRON good trading, and it recently has gained more than 5%. TRX price recently broke through resistance levels of $0.0265 and $0.0270 to move to an upward trend. If buyers continue to operate in future sessions, there is a probability of increasing profits above the resistance level of $0,0280 and $0,0295.

Binance Coin (BNB) increased to the resistance level of $20.00, but she couldn’t get the rate above. Now BNB konsolidiruyutsya above the level of $19.27 and, it seems, preparing for the next wave of growth. If there is a break above $ 20 can occur a sharp rise to $ 22,00. If not, the price could drop to $ 17,50.

Watching the overall schedule for the cryptocurrency market capitalization, the correction of reduction was observed with the resistance level of $178 billion and $180 billion Market capitalization has fallen below $170 billion, but the $158 billion has acted as strong support. It represents 50% Fibonacci retracement of the last wave from the low of $136, 8 billion to a high of $ 178,3.

Thus, while market capitalization is $176,1 billion would increase bitcoin ETH, TRX, LTC, EOS, BNB, XRP, ADA, XLM, WAN, BCH, XMR and the other altcoins.