Crypto.com price has seen a considerable sell-off to start the week. Though newer investors may be startled, the CRO price signals more declines in the coming days. Crypto.com price action has been one of the more pleasing cryptocurrencies amongst professional traders as the price action has been synergistic with classical-style trading methods.
Algo prices fell at free-fall speed during NY trading hours. The ALGO price action is hinting at larger drops in the coming days. Algorand price is inches away from invalidating the bullish trade setup written late last week. The bullish thesis showed ALGO price developing an inverse head and shoulders pattern that forecasted a 17% uptrend rally.
Bitcoin price has stronger bearish signals than last week’s selloff. Bitcoin price is printing larger bearish engulfing candles on Monday than those seen last week on the 4-hour chart. The current selloff looks fueled with power and has a few confluence zones pointing at levels sub $40,000.
