Bitcoin’s lower support retests shift traders’ focus to XLM, LTC, ETC, BNB
2025-07-18 20:47:20
Main Idea
Traders are shifting focus to XLM, LTC, ETC, and BNB as Bitcoin's lower support retests occur, with market movements indicating potential bullish trends for these altcoins.
Key Points
1. Bitcoin's rally and key US legislation pushed the total cryptocurrency market cap to nearly $4 trillion, though it has since cooled to $3.85 trillion.
2. BNB/USDT pair shows bullish momentum, with potential to rally to $794 if it sustains above $732, but could range between $698 and $761 if it falls below.
3. XLM/USDT pair could break out above $0.51, targeting $0.64 and $0.80, but a drop below $0.43 may lead to a slide to the 20-day EMA.
4. LTC/USDT pair faces resistance at $107; a break above could surge to $130-$140, while a drop below may slump to the 20-day EMA ($93).
5. ETC/USDT pair retests $21.70; a rebound could push it to $27, but a drop below may lead to a fall to the 20-day EMA ($18.50) or lower.
Description
Bitcoin testing underlying support, and the potential start of an altcoin season have traders focusing on XLM, LTC, ETC and BNB.
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