The price of BTC went below $23k and found support near$21.8k before the fresh increase that took it back to the $22.5k/$23k mark.
ETH had a sharp decline and is currently around the $620 support level. Further decline could take the leading altcoin to the $570 level.
Major signals
- The Price of BTC tests $21.8k and moved higher again
- Ripple 10% down and ETH consolidating loss
- The decline in BCH and rune is way above 10%
BCH went down by 10% more could take it down to the $280 support level. LTC support is below $110, but immediate support is $100, and further fall could take it down to the $92.80 support level. XRP is gaining momentum below $0.520, but the next major support, if there is a downfall, is $0.445. There have been about an 8% decline in other altcoins like BSV, RUNE, XVG, etc.
What are your thought on the price trend and the fear of covid-19?
