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Bitcoin {BTC}, Bitcoin Cash {BCH}, EOS price predictions; bearish impulse anticipated


As of this moment, the price of BTC is at $10,569.02 according to the latest available data. The price dropped by 0.98%. The trading volume recorded in the course of the past 24-hours is $15.694 billion. The total market cap of Bitcoin is $188.460 billion.

The circulating supply currently has 17,831,437 BTC tokens in play. For the top coin, resistance may be felt near the $11,000 level. BTC had crossed that mark a day ago, before bearish forces crept in. On the other hand, if the price manages to fall further down, a pullback to $9,000 is probable.

Bitcoin Cash is ranked at #5 on coinmarketcap, right after Litecoin. The price of BCH is at $318.92, after it sunk by 2.28%. The trading volume recorded is $1.155 billion. The circulating supply has 17,905,163 BCH tokens involved. The total market cap of Bitcoin Cash is $5.710 billion.

After breaking through the resistance near the $300 level, BCH rose to $320, which he had crossed for a brief duration. Due to sellers stepping up their activities, an upward break beyond $330 seems unlikely. Although a boost from the king coin will probably help the altcoins gather bullish momentum.

EOS is ranked at #8. The price of EOS rests at $4.26 for now, and a plunge rate of 0.44% was observed. The supply houses 924,245,573 EOS tokens presently. The trading volume recorded is $1.651 billion. The total market cap of EOS is $3.933 billion. The EOS network still has the largest number of dApps on their chain.

EOS had felt support near $3.6, following which it shot up briefly. Resistance level was at $4 which was broken, and for now it looks like EOS might reach beyond the barrier near $4.4, in spite of a minor pullback.

The market is going through turbulence as most of the top coins are trading in the red zone. This condition will probably last through the entirety of the day, after which the prices will begin to soar yet again.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.