Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis (28 May 2018 - 2nd June 2018)
News

Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis (28 May 2018 – 2nd June 2018)

Bitcoin Cash (BCH)

  • The price of Bitcoin Cash against the US dollar has grown this week.
  • There is a short-term bullish trend line forming with resistance at 1026.40 USD.
  • The price of BCH/USD pair would grow further.

The BCH price against the US dollar has declined this week. It rose from 1000.48 USD to 1022.68 USD 10 minutes on Saturday, June 2, and continued growth through much of the rest of the week.

BCH Price Chart Weekly Update
Source: CoinMarketCap

Major Support Level – 979.83 USD

Major Resistance Level – 1042.01 USD

EOS (EOS)

  • The EOS/USD pair has declined this week.
  • There is a short-term bearish trend line forming with resistance at 12.92 USD.
  • We predict that the pair would grow this week.

The EOS price against the US dollar has declined this week. It more or less maintained its price throughout the week but considering the rate at which the cryptocurrency was traded when the week began and that at which the week ended, the cryptocurrency has seen a decline.

EOS Price Chart Weekly Update
Source: CoinMarketCap

Major Support Level – 10.93 USD

Major Resistance Level – 12.92 USD

Litecoin (LTC)

  • The price of Litecoin has grown against the US dollar this week.
  • There is a short-term bullish trend line forming with resistance at 112.36 USD.
  • We predict that the pair would grow further.

The LTC price against the US dollar has grown this week. It shot up from 113.08 USD to 120.62 USD in a little over an hour on Tuesday, May 29. Since then, the cryptocurrency has seen a lot of growth and decline all over the week.

LTC Price Chart Weekly Update
Source: CoinMarketCap

Major Support Level – 111.20 USD

Major Resistance Level – 122.36 USD

Follow us on Telegram!

1 Comment

Leave a Response

Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.