Bitcoin as well as the cryptocurrency market capitalization are obtaining declining momentum. Several altcoins are likewise declining.
The price of BCH/USD experienced a modest move to the upside and then encountered a hurdle close to $215. Hence, the price began a new fall and in recent times moved below the supports at $205 and $200.
At the moment, the price is under $200 and may keep declining towards the support at $185. On the upside, the price may struggle close to $205 and $210.
As for the performance of Binance coin (BNB), its price could not establish a level over the support at $13.80 and in recent times fell under the support at $13.50. At the moment, the price is near $13.20 and it seems it could decline towards $13.00. On the other hand, the price needs to surge over $13.50 and $13.80 for the recovery of losses.
The price of LTC is on the downside by about 5 percent and moved below several supports close to $41.00 and $40.00. It was able to test the support at $38.80 and is now into the consolidation of losses. There could be a retracement to the upside towards $40.00 and $40.50. A look at the downside shows key supports close to $38.80 and $38.50.
The price of EOS price is likewise on the downside by about 5 percent and it moved under the major supports at $2.550 and $2.500. The price was near $2.400 prior to its retracement to the upside. Nevertheless, its past supports close to $2.500 and $2.550 could soon resist the price.