In yesterday’s cryptocurrency news, smartereum.com reported that the price of Bitcoin, EOS, Bitcoin Cash, Stellar, Cardano were trending upward against the USD. The Bitcoin live price at the time was above the all-important $4,000 as the entire market recovered. Today, however, the prices started a downward correction against the USD. Most top cryptocurrencies are now trading in red as they struggle to hold on to the gains they gathered during the minor bull run.
Bitcoin Price Forecast: Bitcoin Live Price
This morning, Bitcoin fell below the resistance turned support at $4,000. It traded as low as $3,997 for a while before the buyers emerged and took the price of the flagship cryptocurrency above the $4,000 level again. At the time of writing, the Bitcoin live price was trading at $4,028.90. This means that it is down by 0.29% against the USD but slowly picking up momentum for another bull market. The trading volume is $8,442,671,685 and the market capitalization is $70,883,647,242. If BTC price continues like this, it will most likely set its next target above $4,600.
EOS Price Forecast: EOS Live Price
EOS has also been resilience during the price rally. Even if it lost some of the gains it accumulated a few days ago, the cryptocurrency is currently recovering those gains. At the time of writing, the EOS live price was $3.79. This means that it is down by 0.47% against the USD and down by 0.26% against BTC. The 24 hour trading volume is $1,223,772,227 and the market capitalization is $3,431,703,227.
Bitcoin Cash Price Forecast: Bitcoin Cash Live Price
Bitcoin Cash hasn’t fully recovered from the Bitcoin Cash hard fork war that led to a chain split due to a lack of consensus. However, the cryptocurrency also enjoyed the minor bull rally that happened a few days ago. At the time of writing, BCH was trading at $153.23. This shows that it is down by 1.03% against the USD and down by 0.82% against BTC. The trading volume over a 24 hour period is $403,262,473 and the market capitalization is $2,708,636,820.
Stellar Price Forecast: Stellar (XLM) Live Price
XLM was the last to join the trend in the way of the bull rally. However, the altcoin later picked up rising by more than 3% against the USD. In fact, it is the only top cryptocurrency, other than LTC, that is currently green on CoinMarketCap. At the time of writing, XLM was trading at $0.109160. This shows that it is up by 0.42% against the USD and up by 0.63% against BTC. The 24 hour trading volume is $152,030,160 and the market capitalization is $2,098,132,819.
What do you think about the cryptocurrency price analysis today? Share your thoughts in the comment section.