Summary

After a strong beginning of the week, the crypto market has taken a turn for the worse, with BCH, DOT, and EOS all seeing significant decreases in price. While BCH continues to hold above $100, both DOT and EOS have fallen below key support levels, with DOT sitting at just over $4.50. 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 $110.82, down 0.98% 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 downtrend, though both the medium- and long-term trends are down. The Average Directional Index (ADX) is currently at 18.5, indicating a weak trend.

DOT

Dogecoin (DOT) is currently trading at $4.99, down 0.68% in the last 24 hours. DOT has followed a similar trend to other major altcoins in recent weeks, falling sharply from its all-time high of $0.87 reached in early March. The sell-off has brought DOT below its 200-day MA, though it has so far held above $4.50, a key support level.

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

DOT 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.

EOS

EOS (EOS) is currently trading at $0.891, down 0.02% in the last 24 hours. EOS 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 EOS below its 200-day MA, though it has so far held above $0.80, 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.

EOS 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.