Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis (26th May 2018)
Data & Research

Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis (26th May 2018)

Bitcoin Cash (BCH)

  • The price of Bitcoin Cash has shown a lot of growth in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 1039.01 USD on the hourly chart of the BCH/USD pair.
  • The price of BCH/USD pair would continue growing.

The BCH price against the US dollar has been on a rise in the last 24 hours. It managed to shoot up from 1010.99 USD to 1042.14 USD in just 10 minutes! However, upon rising, it met with a resistance which it broke after two hours. The pair then met with another resistance at 1046.49 USD which it failed to break. The pair is now trading at 1037.6 USD.

BCH Price Chart 26/05/18

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

Major Support Level – 998.52 USD

Major Resistance Level – 1046.49 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 12.72 USD on the hourly chart of the EOS/USD pair.
  • We predict that the pair would grow further.

The EOS price against the US dollar has seen a significant growth in the last 24 hours. It shot up from being traded at 12.46 USD to being traded at 12.76 USD in just 10 minutes! As of now, the pair is trading at 12.6920 USD.

EOS Price Chart 26/05/18

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

Major Support Level – 11.99 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 121.42 USD on the hourly chart of the LTC/USD pair.
  • We predict that the pair would grow further.

The LTC price against the US dollar has grown 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 26/05/18

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

Major Support Level – 117.82 USD

Major Resistance Level – 122.25 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.