Crypto Market Dives $40 Billion In Nov, More Losses Likely: BNB, BCH, LTC, EOS Analysis

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Crypto Market Dives $40 Billion In Nov, More Losses Likely: BNB, BCH, LTC, EOS Analysis
  • The overall crypto market cap is down near to $400 B this month and stays bearish.
  • Bitcoin cost is down around 3% today and it is now approaching the $8,00 0 assistance.
  • Litecoin (LTC) cost is down around 5% and it broke the $6000 assistance location.
  • BCH cost is presently accelerating its decrease listed below the $260 and $250 levels.
  • EOS cost is down more than 6% and it is now trading near the $3.200 assistance location.
  • Binance coin (BNB) broke the essential $2000 assistance location to get in a bearish zone.

Bitcoin (BTC) and the crypto market cap are down dramatically. Lots of altcoins such as Ethereum (ETH), binance coin (BNB), ripple, litecoin, BCH, EOS, TRX, and ADA are speeding up losses.

Bitcoin Money Cost Analysis

Today, there were sharp losses in BCH cost listed below the $280 assistance level versus the United States Dollar. The bears acquired momentum, leading to heavy losses listed below the $270 and $265 levels. The cost is now trading listed below the $250 level and it appears like it might continue to move down towards the $240 assistance.

If there is an upside correction, the $255 and $260 levels are most likely to serve as difficulties. The primary resistance on the benefit is now near the $280 level.

Binance Coin (BNB), Litecoin (LTC) and EOS Cost Analysis

Binance coin (BNB) cost stopped working to climb up above the $2100 resistance location. As an outcome, there was a sharp decrease in BNB cost listed below the $2000 assistance location. The cost is now trading well listed below the $1950 level and it appears like the cost is approaching the $1880 assistance location.

Litecoin cost is down more than 5% today and it stopped working to remain above the primary $6050 and $6000 assistance levels. LTC cost is now trading listed below the $5800 level and it appears like the bears are intending a test of the $5500 assistance location. The next significant assistance is near the $5420 level.

EOS cost is decreasing greatly listed below the $3.500 assistance location. It broke the $3.350 assistance location and it is now trading near the $3.200 assistance location. The next essential assistance is near the $3.120 level, listed below which it might even check the $3.050 assistance.

Crypto Market Cap

Taking a look at the overall cryptocurrency market cap per hour chart, there were sharp losses this month from the $2500 B resistance. The crypto market cap is down near to $400 B and it is now approaching the $2100 B assistance. The next significant assistance is near the $2020 B level.

Crypto Market Cap Bitcoin Altcoins ETH XRP EOS BNB TRX ADA LTC

Crypto Market Cap

General, there are opportunities of more disadvantages in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and other altcoins in the near term.

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