Crypto Market Could Bounce Back: Bitcoin Cash, Litecoin (LTC), EOS, XLM Analysis


The total crypto market cap is currently above the key $158.0B support area.Litecoin (LTC) price declined below the $80.00 support, but it could find support near $75.00.Bitcoin cash price is facing a strong resistance near the $280 and $285 levels.EOS price is still consolidating above the $5.20 support area.Stellar (XLM) price is slowly moving lower towards the key $0.1100 support area.The crypto market could bounce back since bitcoin (BTC) and Ethereum (ETH) are holding key supports. There could be a decent rebound in litecoin, ripple, bitcoin cash, EOS, tron (TRX), stellar (XLM), and other altcoins.Bitcoin Cash Price AnalysisBitcoin cash price started a major downside correction below the $300 support area against the US Dollar. The BCH/USD pair declined below the $285 and $280 support levels. The price tested the $260 support area and it is currently correcting higher.However, the previous support levels at $285 and $280 are acting as resistances. Above these, the price is likely to revisit the $300 resistance area. On the downside, the main supports are $270 and $260.Litecoin (LTC), EOS and Stellar (XLM) Price AnalysisLitecoin price failed to stay above the key $82 and $80 support levels. LTC traded close to the $75 support area and