EOS Drops After Breakout From Long-Term Resistance – BeInCrypto

Even though the EOS price broke out from a long-term descending resistance line, the price has fallen back below it since. Despite this drop, EOS’ bullish formation remains intact. Long-Term Deviation The EOS price had been following a descending resistance line since May 2019.

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ATOM Struggles to Retrace After Sharp Drop – BeInCrypto

The Cosmos (ATOM) price has been decreasing since August 25. While the long-term price action still looks bullish, another short-term decline is expected before the price resumes its upward movement. Retracement to Support The ATOM price has been falling since it reached a high of $8.

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Bitcoin Loses Steam, Still Unable to Crack $10,450 – BeInCrypto

Bitcoin (BTC) has been increasing since reaching a local low of $9,825 on Sept 8. However, the price has been struggling to break out above a minor resistance area and the increase seems corrective in nature, making it more likely that the price will eventually make a lower-low.

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Total Cryptocurrency Market Cap Remains Bullish Despite Deep Cut – BeInCrypto

The Total Cryptocurrency Market Cap (CRYPTOCAP) has broken out and validated an important horizontal level as support. As long as it is trading above it, the trend remains bullish. Cryptocurrency Cap Re-Tests Resistance The CRYPTOCAP has increased by 186% since the March crash 186 days ago.

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Binance Coin (BNB) Recoups Losses but Struggles with Resistance – BeInCrypto

Binance Coin (BNB) has already recouped the majority of its losses from the Sept 2 decrease. However, BNB has reached an important resistance area which threatens to knock the price back down. BNB Deviation Above Range High On Sept 1, the BNB price broke out above the $23.

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Two Altcoins (LEND & YFI) That Are Consolidating After Sharp Drops

After increasing by more than 6000% in less than six months, Aave (LEND) may have begun a lengthy correction. After a sharp drop, DFI.Money (YFI) has broken out from a descending resistance line and is moving towards the closest short-term resistance.

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