News: Crypto Market In Corrective Decrease: Bitcoin Cash, BNB, Litecoin, TRX Analysis

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Transcript:

0:00:00 Crypto Market In Corrective Decrease: Bitcoin Cash, BNB, Litecoin, TRX Analysis

0:00:07 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.

0:00:13 The total crypto market cap started a downside correction after testing the $267.7B level.

0:00:20 Litecoin price is still well above the $105.00 and $102.00 support levels.

0:00:26 Bitcoin cash price started a downside correction after testing the key $450 resistance.

0:00:33 Tron price corrected lower sharply after it rallied towards the $0.0360 level.

0:00:40 The crypto market cap, bitcoin and Ethereum are correcting recent gains.

0:00:44 BNB, litecoin, ripple, bitcoin cash, TRX, XLM and EOS remains supported on dips.

0:00:51 After a decent upward move, bitcoin cash price failed to gain momentum above the $445 and $450 resistance levels against the US Dollar.

0:01:01 The BCH/USD pair started a downside correction and broke the $440 and $430 support levels.

0:01:09 The pair is now testing the $425 level and it could even test the $420 support area.

0:01:16 The next key support are near $405 and $400. As long as the price is above $400, it is likely to bounce back above $430 and $440 in the coming sessions.

0:01:30 Binance coin price started a slow and steady downside correction after it failed near the $35.00 resistance.

0:01:37 BNB price broke the $34.00 and $33.20 support levels to enter a short term bearish zone.

0:01:44 Litecoin price is currently stable above the $110.00 level, with a few bearish signs.

0:01:50 On the downside, an immediate support is at $110.00, below which the price could test the $107.00 or $105.00 support level.

0:01:59 The main support for the bulls is near the $102.00 area.

0:02:03 Tron price rallied sharply in the past few sessions above the $0.0320 and $0.0350 resistance levels.

0:02:13 TRX price tested the $0.0360 resistance area and it is currently correcting lower.

0:02:20 It broke the $0.0350 support and it seems like it is heading towards the $0.0320 support.

0:02:29 Thanks for watching this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.

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News: Crypto Market In Corrective Decrease: Bitcoin Cash, BNB, Litecoin, TRX Analysis

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