Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis (4th June 2018)
Data & Research

Bitcoin Cash (BCH), EOS (EOS), Litecoin (LTC) Price Analysis (4th June 2018)

Bitcoin Cash (BCH)

Key Highlights

  • The price of Bitcoin Cash has declined in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 1122.99 USD on the hourly chart of the BCH/USD pair.
  • The price of BCH/USD pair would grow in a while.

The BCH price against the US dollar has declined in the last 24 hours. It dropped from 1173.46 USD to 1142.70 USD in less than half an hour. As of now, the pair is trading at 1110.9 USD and is expected to grow in the future.

BCH Price Chart 04/06/18
Source: TradingView

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

Major Support Level – 1112.10 USD

Major Resistance Level – 1206.53 USD

EOS (EOS)

  • The EOS/USD pair has declined today.
  • There is a short-term bearish trend line forming with resistance at 13.61 USD on the hourly chart of the EOS/USD pair.
  • We predict that the pair would dip further before growing.

The EOS price against the US dollar has declined today. As of now, the pair is trading at 13.4980 USD and is expected to grow soon after a dip.

EOS Price Chart 04/06/18
Source: TradingView

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

Major Support Level – 11.99 USD

Major Resistance Level – 12.65 USD

Litecoin (LTC)

  • The price of Litecoin has declined against the US dollar today.
  • There is a short-term bearish trend line forming with resistance at 120.82 USD on the hourly chart of the LTC/USD pair.
  • We predict that the pair might grow soon.

The LTC price against the US dollar has declined in the last 24 hours. As of now, the cryptocurrency is being traded at 120.27 USD.

LTC Price Chart 04/06/18
Source: TradingView

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

Major Support Level – 120.04 USD

Major Resistance Level – 126.33 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.