Breakdown

Ether has recovered after its dismal fall to $216 low as it moved up above $225 high. The biggest altcoin has been consolidating between $230 and $250 to retest the overhead resistance.

Following the latest bearish impulse on June 27, EOS rebounded twice to reach the $2.50 resistance. The coin has fallen to the low of $2.20 in the last breakdown but made an upward correction to the recent highs.

Recently, Monero (XMR) encountered a breakdown while it was consolidating above the $64 support. The bears pushed the coin to $60 low and bulls responded abruptly.

Bitcoin Cash has further depreciated to the low of $205 after a breakdown. The bears broke the support of the former price range of $230 and it extended to the low of $210.

Following the recent recovery above $9,100, Bitcoin bulls fail to break the $9,200 resistance. Consequently, the price is stalled below the resistance.

Yesterday, Bitcoin SV encountered a breakdown after the bulls retested the $170 resistance. Before this time, the coin has been consolidating between $170 and $180 for over a week.

Binance Coin has sustained a downward move after breaking the $15 low. The coin has fallen to $14.93 at the time of writing. This is another breakdown after the bulls retested the 12-day EMA.

Following the breakdown on June 24, buyers sustain hold on price between the $225 and $240 price levels. This is the range where price fluctuates to retest the $250 overhead resistance.

Following the breakdown on June 11, the market dropped to a $72 low. Sellers attempted to make a further downward push but were stopped at $70 support.