Bitcoin gained a 0,10% value during morning hours and is priced around $36.939. When we consider the BTC/USDT pair technically, BTC continues price action below the downtrend on November 10. Retesting this trend below for the past 2 days, BTC failed to break the major trend and experienced a sharp decline yesterday. The trend works as a resistance zone on the chart, even if a retest of the downtrend occurred in the RSI, along with decline. The current outlook in BTC is that the drop may continue for a while.

Ethereum lost a 0,70% value during morning hours and is priced around $2661,99. When we consider the ETH/USDT pair technically, ETH urged to the resistance level of $2800-2985 after finding support at $2324 and demand. When we look at the daily candle close in ETH, which faced resistance from this zone yesterday, it is seen that there is a bearish engulfing candle formation. We expect the declines to continue again towards the $2350 levels.

AVAX gained a 0,50% value during morning hours and is priced around $68,10. When we consider the AVAX/USDT pair technically, AVAX, which has risen to $76 after sharp falls, broke the formation on the 4-hour chart. In this period, when there are reactions from the resistance levels in the majors, the decline may continue towards the $60 levels for AVAX.

Ripple gained a 0,45% value during morning hours and is priced around $0,6032. When we consider the XRP/USDT pair technically, XRP has not a new outlook but a sideways trend. As of November 10, the price movement continues between $0.5182-0.7121 in XRP, which has been experiencing price movement below the current downward trend. The price action in the 4-hour chart hasn't shown a breakout of the sideways trend yet. An upward break of this zone to $0.7121, and a downward break to $0.5185 might trigger price action.

LTC lost a 0,30% value during morning hours, and is priced around $108,2. When we consider the LTC/USDT pair technically, LTC had a sideways trend between $113,1 and $104,9. Yesterday, it broke the $113.1 level, but again went in horizontal line along with sales. Also, we see there is a bearish engulfing candle. Considering those datas, it is expected that the decline in LTC will continue.

LINK gained a 1,05% value during morning hours and is priced around $15.65. When we consider the LINK/USDT pair technically, LINK continues price action inside the ascending channel as of July 2020 in the weekly chart. However, when we look at the short-term outlook in the 4-hour period, there has been sharp selling in LINK, which has a short-term descending triangle formation above the $16.80 level, with the downward breakout of this triangle. With those sales, the next support level for LINK, which broke down its short-term uptrend, is at $14.60.

BAT gained a 0,60% value during morning hours and is priced around $0,8156. When we consider the BAT/USDT pair technically, the outlook stays same. BAT, which has tested 5 times before and has broken the strong uptrend that has existed since June 2021 recently, retested it yesterday. After facing resistance, BAT suffered a sales pressure. If BAT fails to break above the $0.8757 level, which coincides with the uptrend and is an important horizontal resistance level, a pullback towards the blue-marked support zone can follow.