Altcoins, over the past 48 hours, have mirrored Bitcoin’s price movement, with popular coins like Cardano, Ethereum Classic, and Algorand seeing their trading price depreciate by up to 10 percent.
Ethereum Classic [ETC]For Ethereum Classic, the last two days’ price action has been quite similar to that of Cardano’s.
The coin’s price fell by over 7 percent, pulling its press time trading price to $6.37.
Further, the EMA ribbons had settled above the press time trading price and may offer resistance around the $6.5 price point.
Algorand [ALGO]Algorand’s price endured a 9 percent drop over the past 48-hours, with its trading price falling to $0.23.

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