After plummeting for quite some time, Bitcoin cash price has now finally been able to hold its stance near $185 in accordance with the USdDollars. The price of BCH is currently moving higher and is above $190 level. The price has increased by 4% and is expected to rise to a resistance level of $200 in the upcoming times.
If we have a look at the downside, the sum $185 is serving as a significant area for support. If at all there would be a downfall, the price shall revisit the $170 level once again. There were several price analysis made by BNB (Binance Coin), EOS, and LTC (Litecoin).
Binance Coin found their price to be lurking at $12.80 for support and soon recovered over $13.00 level. In recent times, the price of BNB was found to be consolidating somewhat around $13.20 and it is expected to increase up to $13.50 or around $13.80 serving as a resistance level.
On the other hand, Litecoin has found its support near $40.00 level. In terms of upside, initial resistance for Litecoin is around $41.20 level, which is likely to accelerate further.
As per estimates, the cryptocurrency market cap currently is close to $185.0B level & appears to be heading to $195.0B resistance slowly.