Bitcoin (BTC) plunged to $10, 321 low after failing to break the $11,000 resistance. Now the king coin fluctuates between $10,300 and $10,600 in a tight range.
Ethereum downward move is unavoidable as the biggest altcoin loses the $380 support level. The selling pressure was confirmed as sellers broke below the EMAs and retested the $380 resistance zone.
Tezos’s downtrend has reached an alarming rate as sellers threaten to push prices beyond the previous lows. Today, the coin has fallen to $2.34 as price action shows bearish signals of further decline.
EOS price has been making a series of lower highs and lower lows since August 16. The price has fallen from a high of $3.95 to a low of $2.69 at the time of writing.
Today, Ethereum bulls attempt to reach the $390 resistance and break above it. Soon after surviving the downtrend below $310, buyers have shifted focus on the $390 resistance.