The current market downturn has stagnated the price of the altcoins. As the king coin’s price narrowed towards the $6,200-level, the bearishness has been felt across the cryptocurrency market.
Monero [XMR]:
Source: XMR/USD on TradingView
At press time, the popular privacy coin has been trading at $46.87 after an increase of 2.09%. Additionally, XMR held a market cap of $820.3 million and a 24-hour trading volume of $127.7 million.
Resistance: $69.8, $80.8
Support: $32.3
MACD: MACD line was above the signal line indicating a bullish revival for the coin.
Chaikin Money Flow: The CMF was, however, in the bearish realm as it attempted for an upward spring.
Ravencoin [RVN]:
Source: RVN/USD on TradingView
RVN changed hands at $0.0144 as it held a market cap of $84.35 million and a 24-hour trading volume of $5.16 million. Additionally, the coin was up by 2.47%.
Resistance: $0.028, $0.036
Support: $0.010
Parabolic SAR: The dotted markers hovered below the RVN price candles depicted a bullish picture for the coin.
Awesome Oscillator: The green closing candles was also indicative of a bullish price trend.
Hedera Hashgraph [HBAR]:
Source: HBAR/USD on TradingView
At press time, HBAR was priced at $0.0319 after a rise of 4.02% over the last 24-hours. The crypto held a market cap of $122.05 million and a 24-hour trading volume of $10.37 million.
Resistance: $0.00407, $0.0593
Support: $0.0253, $0.0097
Klinger Oscillator: The KO indicator exhibited a bearish picture for HBAR in the near-term.
RSI: The RSI indicator was also below the 50-median. This depicted a higher sell-pressure among the investors in the HBAR market.