Bitcoin price & Altcoin analytics

Binance Coin (BNB) price is in a downward correction and has fallen below the moving averages. Currently, the selling pressure has eased as the altcoin is undergoing an upward correction. Since May 25, the upward correction has ended at the $340 resistance zone.

The price of Bitcoin (BTC) is in a downward correction as the largest cryptocurrency has fallen above the $29,346 support level.

The price of Bitcoin Cash (BCH) is in a downtrend as buyers have pushed the cryptocurrency above the 21-day line SMA. The downtrend is likely to weaken as bulls have broken above the 21-day line SMA. The initial upside correction above the 21-day line SMA is encountering resistance at $210.

The price of Cardano (ADA) is performing positively as the price rises above the 21-day moving average line. Buyers pushed the altcoin to a high of $0.68 and then retreated. The recent rally reached an overbought area of the market.

The cryptocurrencies listed below are still deep in the downtrend zone. The bulls have failed to break the 21-day moving average line, hence the downtrend. The altcoins continue to face selling pressure on every rally. This week, these altcoins may continue to fall.

Over the past 24 hours, the Litecoin (LTC) price has struggled to break above the 21-day line SMA. In other words, the Litecoin price rose to the high of $69, but was pushed back.

Today, the price of Ripple (XRP) is declining after a failed uptrend. Yesterday, the cryptocurrency rose to the high of $0.43, but was pushed back.

Cryptocurrencies have regained bullish momentum after rising above their previous lows. The bullish momentum has stalled after breaking above the 21-day line SMA. Altcoins failed to continue their upward movement as they failed to break through the next resistance levels.

Ethereum price (ETH) is returning to its previous low and recovering from the support at $1,763. The largest altcoin has broken out above the high at $1,900 and is reaching the previous range zone.