While Bitcoin entered the $45,000 zone on 13 December, the domino effect led Binance Coin and VeChain to breach their long-term resistance levels. Moreover, EOS still struggled to cross the 38.2% Fibonacci hurdle.
Binance Coin (BNB)
Source: TradingView, BNB/USDT
BNB formed a descending channel (white) after an up-channel breakdown on 9 December. As a result, the alt saw an 8.9% seven-day loss. With this downfall, the bears pushed the price below its immediate resistance at the $532-mark. The bears
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