Breakdown

EOS commenced trading in January in a bullish trend. Before January 2020, the altcoin had been in a bear market for seven months. The coin has an opening balance of $2.59 but it rallied to $4.39 in the same month.

First and Foremost, Binance Coin has been in an uptrend after the breakdown in March. In January, the coin had an opening balance of $13.65. This amount rose to $27.51 in February.

In a nutshell, Bitcoin Cash has been in price consolidation all through the year. In January, BCH reached its peak price at $405, and in the subsequent months of February and March, there was a bearish reaction as the coin slumped to $133 low.

Ripple has resumed a sideways move after it was resisted at the $0.66 resistance. XRP was repelled twice after the recent rally.

Since December 1, Bitcoin Cash has been consolidating between $280 and $300 after the bulls failed to break the $320 resistance level. The bulls have earlier been repelled at the $360 overhead resistance.

For about two weeks, Bitcoin bulls have been struggling to break the $19,740 to $20,000 resistance zone. After four failed attempts, the BTC price was finally repelled.

Bitcoin bulls have resorted to a sideways move below the overhead resistance. Buyers' last push was at the high of $19,740 before the sideways move below $19,600.

After the November 26 breakdown, Ripple corrected upward and resumed a sideways move below the overhead resistance. The bulls could not retest the $0.75 overhead resistance as the coin was repelled at $0.65.

Following its rejection from the $360 and $320 resistance zones, BCH now consolidates in a tight range between $280 and $300 price levels.