The new week has started with the ongoing drop of the cryptocurrency market

The new week has started with the ongoing drop of the cryptocurrency market as all coins from the top 10 list are in the red zone.

BTC/USD.

Bitcoin (BTC) keeps falling, and the decline over the last day is by 8%.

On the daily chart, Bitcoin (BTC) released support at $ 42,000 and almost tested the MA 200. The market is still trading high, which means the fall will not end.

In the short term, however, traders would expect to grow to an area of nearly $ 48,000 where most practices are simple.

Bitcoin traded at $ 44,140 at the time of the press.

ETH/USD.

Ethereum (ETH) is more bearish than Bitcoin (BTC) as the drop has constituted almost 9%,

Unlike Bitcoin (BTC), Ethereum (ETH) will also face short-term losses where disruptions may occur. The decline was accompanied by a high market share, which meant that cattle took over the initiative. In this case, the next area where the bulls can show growth is around $ 3,000. Ethereum traded during the press at $ 3,343.

XRP/USD

XRP is less of: a loser than Bitcoin/ (BTC) and Ethereum (ETH) as the price decrease has encompassed only 2% since yesterday,

From a technical point of view, XRP wants to be stronger than the average of ten coins. The altcoin returned to the sidelines after falling yesterday. At the time, the butcher was not in control of the situation. If the market continues to rise, a recovery of $ 1.66 could take place soon.

XRP was trading at $ 1.46 at the time of the press release.

ADA/USD.

Cardano (ADA) has lost 10% of its price share over the last day,

Cardano (ADA) could not trade more than $ 2.20, which means cattle grabbed the initiative. Sales remain low. However, the $ 1.89 retest could take place soon if bulls do not return to $ 2.20.

ADA is trading at $ 2.04 at the time of going to press.

BNB/USD

Binance Coin (BNB) is the top loser today as the price of the native exchange coin has gone down by almost 12%,

Binance Coins (BNB) cannot trade more than MA 50 daily. However, the marketing process is still limited, which means customers will soon be able to return BNB for $ 562 for glass design.

BNB trades at $ 505 at press time

DOGE/USD

DOGE has not shown such a big drop as the decrease is by 6%.

DOGE has tested the support several times at $ 0.448, which means it has a high risk of breaking it. Aldcoin has therefore been trading close to support for a very long time, Bear's heart confirms. If a break occurs, the next support is in the area of the MA 50, indicating the $ 0.29 mark.

DOGE trades at $ 0.47 at the time of press.