Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis
Data & Research

Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis

Bitcoin Cash (BCH)

  • The price of Bitcoin Cash has grown from 1005.09 USD to 1031.53 USD in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 1042.14 USD on the hourly chart of the BCH/USD pair.
  • The price of BCH/USD pair would be rising further for a few hours with small dips.

The BCH price against the US dollar has been on a steady rise in the last 24 hours. It hasn’t been able to break the 1049.56 USD resistance for 10 hours. However, the cryptocurrency has dipped and risen a lot only to see resistance at the 1042.14 USD mark. The BCH/USD pair is showing signs of further growth.

BCH Price Chart 24/05/18

Hourly MACD – The hourly MACD for BCH/USD is bullish.

Major Support Level – 958.82 USD

Major Resistance Level – 1049.56 USD

EOS (EOS)

  • EOS has shown a significant growth in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 12.37 USD on the hourly chart of the EOS/USD pair.
  • We predict that the pair would grow further after going through the current dip.

The EOS price against the US dollar has seen a significant growth in the last 24 hours. It has broken the 11.42 USD, 11.67 USD, and 12.29 USD resistance levels. The EOS/USD price would see a dip before it grows again.

EOS Price Chart 24/05/18

Hourly MACD – The hourly MACD for ETH/USD is bullish.

Major Support Level – 10.53 USD

Major Resistance Level – 12.37 USD

Litecoin (LTC)

  • The price of Litecoin has risen a lot against the US dollar in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 123.26 USD on the hourly chart of the LTC/USD pair.
  • We predict that the pair would rise further.

The LTC price against the US dollar has been growing considerably in the last 24 hours. It has broken the 122.14 USD, 122.58 USD, and 123.18 USD resistance levels but is now facing difficulty in breaking the 123.26 USD resistance.

LTC Price Chart 24/05/18

Hourly MACD – The hourly MACD for BTC/USD is bearish.

Major Support Level – 115.89 USD

Major Resistance Level – 123.26 USD

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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.