Summary

The crypto market has taken a turn for the worse, with BCH, AVAX, and DOGE all seeing significant decreases in price. While BCH continues to hold above $100, both AVAX and DOGE have fallen below key support levels. The overall market trend remains down, though there are some signs that the worst may be over for the short-term.

BCH

Bitcoin Cash (BCH) is currently trading at $111.56, down 2.99% in the last 24 hours. BCH has been in a steady decline since mid-March, and is currently down over 20% from its high of $140 reached just a few weeks ago. The recent sell-off has brought BCH below its 200-day moving average (MA), a key support level, though it has held above $100 so far.

The MACD (moving average convergence divergence) indicator is currently in a bullish configuration, though with a downward trend. The Relative Strength Index (RSI) is currently 51.5 in neutral territory.

BCH is currently in a short-term uptrend, though both the medium- and long-term trends are down. The Average Directional Index (ADX) is currently at 18.5, indicating a weak trend.

AVAX

Avalanche (AVAX) is currently trading at $14.14, down 3.42% in the last 24 hours. AVAX has followed a similar trend to other major altcoins in recent weeks, falling sharply from its all-time high of $19.78 reached in early March. The sell-off has brought AVAX below its 200-day MA, though it has so far held above $12.50, a key support level.

The MACD is currently in a bullish configuration, though with a downward trend. The RSI is currently at 69.6, indicating an overbought condition.

AVAX is currently in a short-term uptrend, though both the medium- and long-term trends are down. The ADX is currently at 40.1, indicating a strong trend.

DOGE

Dogecoin (DOGE) is currently trading at $0.068, down 3.74% in the last 24 hours. DOGE has followed a similar trend to other major altcoins in recent weeks, falling sharply from its all-time high of $0.087 reached in early March. The sell-off has brought DOGE below its 200-day MA, though it has so far held above $0.06, a key support level.

The MACD is currently in a bullish configuration, though with a downward trend. The RSI is currently at 69.3, indicating an overbought condition.

DOGE is currently in a short-term downtrend, though both the medium- and long-term trends are down. The ADX is currently at 40.6, indicating a strong trend.