Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis (25th May 2018)
Data & Research

Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis (25th May 2018)

Bitcoin Cash (BCH)

  • The price of Bitcoin Cash has grown from 976.53 USD to 1078.36 USD in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 1050.01 USD on the hourly chart of the BCH/USD pair.
  • The price of BCH/USD pair would be dipping soon.

The BCH price against the US dollar has been on an overall rise in the last 24 hours. It failed to break the 1078.36 USD resistance but managed to hover close by. The BCH/USD pair dipped down to reach the 1009.32 USD support level after which it rose to meet resistance at 1050.01 USD. It is now trading at 1037.8 USD and is expected to dip further.

BCH Price Chart 25/05/18

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

Major Support Level – 963.15 USD

Major Resistance Level – 1078.36 USD

EOS (EOS)

  • EOS has shown and maintained a significant growth in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 12.49 USD on the hourly chart of the EOS/USD pair.
  • We predict that the pair would grow further but would, however, not be able to break the resistance.

The EOS price against the US dollar has seen a significant growth in the last 24 hours. It has broken the 11.67 USD, 12.37 USD, and 12.89 USD resistance levels. The EOS/USD price would see growth, but wouldn’t be able to the break the resistance at 12.96 USD soon. As of now, the pair is being traded at 12.2430 USD.

EOS Price Chart 25/05/18

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

Major Support Level – 10.82 USD

Major Resistance Level – 12.96 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 bullish trend line forming with resistance at 121.28 USD on the hourly chart of the LTC/USD pair.
  • We predict that the pair would dip soon.

The LTC price against the US dollar has grown and dipped considerably in the last 24 hours. It saw a dip from 124.00 USD to 119.96 USD in just half an hour and has been recovering ever since. Currently, the cryptocurrency is being traded at 120.17 USD and is expected to dip further.

LTC Price Chart 25/05/18

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

Major Support Level – 117.60 USD

Major Resistance Level – 124.37 USD

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.