Bitcoin Cash [BCH], IOTA [MIOTA], NEO [NEO], Monero [XMR] fail to fend off crypto bears: Price Analysis 2018 $MIOTA

Bitcoin Cash [BCH], IOTA [MIOTA], NEO [NEO], Monero [XMR] fail to fend off crypto bears 19899

The cryptocurrency market has succumbed to bearish trends on Monday. Most cryptocurrencies were trading in the red in what seems to be a correction following Bitcoin’s [BTC] sudden spike last week. Among these digital assets that are struggling, let’s take a look at Bitcoin Cash [BCH], IOTA [MIOTA], NEO [NEO] and Monero [XMR].

BCH/USD

The prices of Bitcoin Cash [BCH] are struggling to break out from the current resistance level, which can be traced at $822.6. The coin was seen to be consolidating its gains earlier on in the day, but is now edging lower. As of 1817 GMT, the digital asset was trading at $792.5 and was falling against USD by 4.4 percent. The MACD is currently traced in the bearish zone. The 100 EMA line displays a downtrend, after the coin spent most of the day exhibiting a stable trend. The significant trading range can be found from $782.2 to $835.3. Bitcoin Cash is struggling to stay above the $800 mark.

Bitcoin Cash [BCH], IOTA [MIOTA], NEO [NEO], Monero [XMR] fail to fend off crypto bears-BCFocus

It is trading with a market cap of $13.67 billion, and is currently the fourth most valuable cryptocurrency according to CoinMarketCap.

As of 1820 GMT, the virtual currency had slipped 0.6 percent lower against Bitcoin [BTC]. Currently, one BCH is equal to 0.1002 BTC.

MIOTA/USD

IOTA [MIOTA] has been under intense selling pressure, with prices struggling to stay above the $1 mark. The prices have currently found support at $0.95, and is striving to move higher. The current resistance level, which can be found at $1, remains out of reach for the coin as it treads bearish waters. As of 1834 GMT, the virtual currency was trading at $0.96 and slid 5.6 percent against USD. The 100 EMA line displays a downtrend.

See also: Roger Ver, Bitcoin Cash [BCH] promoter, says Bitcoin [BTC] lost its lion share in market

The MACD can be found in bearish territory. The significant trading range can be traced from $0.94 to $$1.03. Currently, the cryptocurrency has a market cap of $2.68 billion.

Bitcoin Cash [BCH], IOTA [MIOTA], NEO [NEO], Monero [XMR] fail to fend off crypto bears-BCFocus

As of 1837 GMT, the digital currency was trading 2.3 percent lower against BTC. Currently, one MIOTA is equal to around 0.00012 BTC.

NEO/USD

NEO [NEO] has struggled to maintain positive momentum, and prices have continually dropped during the day. The current resistance level can be traced at around $32.8, which the coin has failed to break out from. As of 1847 GMT, NEO fell 5 percent against USD to trade at $31.77. The MACD is traced in the bearish zone. The 100 EMA line displays a downtrend. The significant trading range can be found from $31.37 to $33.50. It was trading with a market cap of $2.08 billion, at the time of writing.

Bitcoin Cash [BCH], IOTA [MIOTA], NEO [NEO], Monero [XMR] fail to fend off crypto bears-BCFocus

NEO inched 1.8 percent lower against BTC. At present, one NEO is equal to around 0.004 BTC.

XMR/USD

Monero [XMR] is failing to cheer investors, with the coin struggling to break out from the current resistance level, noted at $133.8. As of 1855 GMT, the digital currency was trading 4.6 percent lower against USD to trade at $129.6. The MACD is traced in the bearish zone. The 100 EMA line indicates a downtrend.

See also: Ethereum Classic [ETC] Price Analysis: ETC trades in green as bears hit crypto market

The significant trading range can be found from $128.6 to $136.7. At the time of writing, the virtual currency was trading with a market cap of $2.11 billion.

Bitcoin Cash [BCH], IOTA [MIOTA], NEO [NEO], Monero [XMR] fail to fend off crypto bears-BCFocus

XMR had dipped 1.3 percent against BTC. Currently, one XMR is equal to 0.016 BTC.

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