The flagship cryptocurrency Bitcoin (BTC) fell by losing $60,000 support, affecting all cryptocurrencies.
While Ethereum was less affected by the leading altcoins, many cryptocurrencies without a foundation fell sharply.
Looking at the technical outlook, it is seen that Binance Coin (BNB), one of the cryptocurrencies that is resistant to the fall, is at an important divergence point. Binance Coin fought an important battle at the 20-day EMA, or $590.
BNB is currently trading above $610 and has earned the reward of its hold here by breaking above the $600 band. It can be said that the next important level for BNB is $ 630. Breaking $630 could set a new $700 record for BNB.
The second notable cryptocurrency was definitely Solana (SOL). SOL fell by 12% in 24 hours, and in fact this can be expressed as a compensation for the 25% decrease. SOL price managed to rise above $200 again by healing its wounds after a 25% decrease. The critical point for the SOL price is the $230 band, and then the $300 test may come again.
The third important cryptocurrency to watch out for of the week was XRP. It is very important to go above it again for XRP, which has been pulled below the $ 1 support. In case of failure to get here, the support of $ 0.88 will be important for the XRP price.