Top 5 Crypto Performers Overview: TRON, Litecoin, XEM, Bitcoin, Ethereum

After the mayhem in November, crypto markets are showing the first signs of buying at lower levels.

Currently, the bulls are attempting to bounce off $28, a level not seen since mid-June of last year.

The trend is down as the digital currency has failed to hold key support levels throughout the year.

The bears broke below the range of $0.07790717-$0.13125258 on Nov. 24, but could not sustain lower levels.

A break down of this will further damage sentiment and can extend the fall to the next lower level of $1,752.

Usually, after violating a critical support - in this case, $5,900 - the price retests the breakdown level.

The RSI has reached levels last seen in early 2015, which shows the kind of damage the digital currency has seen this year.

After showing promise through the middle of the year, the ETH/USD pair has turned weak, as it continues to break down at critical support levels.

Currently, the bulls are trying to hold the psychological support of $100.The RSI has reached close to oversold levels, last seen at the end of 2016.

The first resistance on any rebound will be at $136.12, followed by $167.32.If the bears turn the digital currency down from one of the above-mentioned resistance levels, and sink it below $100, a fall to $66 is possible.