The crypto money sector started the day with a decline after a very positive week. The leading cryptocurrency Bitcoin (BTC) is predictably in the position of the cryptocurrency to follow, and the start of the week with a decline was not positive at all.
3 Beware of Cryptocurrency
BTC price It is currently trading at $60,700. It is known that the support to follow for the BTC price is $ 58,000 and $ 52,000. If the BTC price is seen to slide below $58,000, investors’ sales may accelerate here.
Although the RSI and MACD are still bullish for BTC, the bulge in altcoins may be affecting BTC this time as well.
The second cryptocurrency to follow is Binance Coin looks like. Although Binance Coin broke the resistance at $ 518 on October 29, it returned to its old point due to the movement of BTC. Despite this, $518 was known as a pretty critical resistance and a continuation of that could be tested at $600. Looking at the current decline, it seems that the BNB price can be pulled up to $ 480 and will be safe here.
In the third place MATIC is located. MATIC spiked up to $1.79 after breaking the $1.71 resistance. For MATIC, which is currently traded at $1.86, the chart is positive as long as it is not below $1.54, although the last 24 hours have passed with a 5% decrease.
The next resistance for MATIC will be $2.10.