Crypto Prices Flatten Amid Ongoing Downtrends

Ethereum's price remained flat this week compared to last week due to sellers pushing it into a pullback after hitting the $2,000 resistance.

The cryptocurrency remains in a macro downtrend with clear lower lows and lower highs. To stop this trend, buyers need to turn $2,000 into support.

Bulls will have to do their best to prevent any price below $1,800, which could avoid new lows for Ethereum.

Ripple fell by 3% this week and is back just above the $1 support level. This price action has formed a pennant, which could highlight a continuation of the prevailing trend once the asset escapes it. In this case, that's bearish.

Binance Coin is up 4% this week after buyers took it above the support at $580. As long as this key level holds, bulls have the upper hand, and they may be aiming for $690 next, which is the key resistance.