07/11/2019 — Crypto Price Recap

ETH, BCH, LTC, BNB, EOS Major Coins Dived Deep

CryptoAlgoWheel
CRYPTO ALGOWHEEL
3 min readJul 12, 2019

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Source: Cointelegraph

Due to concerns on Facebook Libra and SEC investigation on USDT, the market major coins plunged heavily with 10%-20% on average.

BTC-USDT

BTC-USDT plunges to $11K and tries to find support at $11K.

ETH-USDT | ETH-BTC

ETH-USDT drops to $267 and stays low.

ETH-BTC touched the bottom 0.023 BTC again and tries to recover back. It is weak in general.

LTC-USDT | LTC-BTC

LTC-USDT drops to under $100 again and tries to find support above $100.

Given halving in early August, LTC-BTC cauciously moves up over 0.009 BTC.

BCH-USDT | BCH-BTC

BCH-USDT drops to $320 and plunged over 20%.

BCH-BTC drops under 0.03 BTC and tries to recover back.

BNB-USDT | BNB-BTC

BNB-USDT drops to $28 and recovers strongly with 20%. BNB usually leads the BTC market and potentially imply bullish on BTC in near future I hope.

BNB-BTC revisited the bottom and rebound quickly with 20% bounce-back.

EOS-USDT | EOS-BTC

EOS-USDT drops further to $4.6 and stays low.

EOS-BTC stays low and looks bearish for now.

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