Demand

Since August 13, Tezos (XTZ) has been on a downward move. Today, XTZ has fallen to $2.37 low at the time of writing.

Tezos has finally slumped to the low of $3.10 after buyers failed to break the $4.40 overhead resistance.

EOS could not continue with its impressive bullish run because it reached the overbought region of the market.

The United Arab Emirates has well and truly announced its entry into decentralized finance (Defi).

EOS continued its impressive runs yesterday as price rebounded above $3.40. Today, the coin is approaching the high of $4.0.

Yesterday, buyers were able to push EOS above the $3.10 overhead resistance as the market shot up to $3.30 high. This is a positive move as the bulls were able to break the three months old resistance level.

TRON uptrend is intact. The price is making a series of higher highs and higher lows. TRX has traded comfortably in the ascending channel.

Since April, buyers have been attempting to break the overhead resistance at $3.10. The coin has suffered several breakdowns before reaching the recent high of $2.70.

Bitcoin has consistently hovered above $9,200 as BTC shows signs of weakness. The bottom line is that after the last bearish impulse of June 25, Bitcoin has been consolidating between $9,000 and $9,500.