Even as the bears continued to dominate the global crypto-market, altcoins like Bitcoin Cash, ATOM, and Dash pushed back on last week’s losses.
Bitcoin Cash’s price movement has been sideways on the 4-hour chart for almost a month, even as it lost 23.8% of its value over the past 4 days.
Increasing bearish momentum could be observed through the Awesome Oscillator, as the red lines continued to grow below its histogram.
In the last 10 days, the strong $546-support level has withstood several tests as the coin continued to defend it.
Ranked 41st on CoinMarketCap, ATOM noted a 24-hour price dip of 4.52%, even as it soared by 6.3% in a one-week period.
Additionally, the MACD lines registered a bearish crossover as the Signal line moved over the indicator on 18 June, highlighting a fall in the coin’s price.
DASH remained sandwiched between $179 and $153, even as it traded very close to the support level.
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