Bitcoin price & Altcoin analytics

Yesterday, the price of Ethereum (ETH) plunged to a low of $1,763 as bulls bought the dips. Today, the largest altcoin is in an upward correction with the market reaching a high of $2,148. For the uptrend to continue, the bulls need to break above resistance at $2,201.

Today, the price of Ripple (XRP) is in a downward correction as the cryptocurrency peaks at $0.46. Yesterday, the altcoin fell to the low of $0.33 as the bulls bought the dips. Buyers defended the current support from further decline in the last 24 hours.

Binance Coin (BNB) price is in a downtrend as it has fallen to a low of $207 but has recovered above the $240 support. The cryptocurrency has reached bearish exhaustion as the altcoin has fallen to the low of $207.

The price of Bitcoin (BTC) has continued its downward trend after the largest cryptocurrency lost the psychological price level of $30,000 on May 9. After 48 hours, Bitcoin failed to hold above the $30,000 support while the market fell back to the low of $26,854.

LUNA, GMT, APE, KAVA and XEM are trading in the oversold regions of the market. This means that the downtrend has reached a final stage where buyers will emerge to take control of prices.

The price of Bitcoin Cash (BCH) is in a downtrend after falling past the previous lows of January 2022. Currently, it has fallen to the low of $210 and has recovered. The current decline has reached the oversold area of the market.

The cryptocurrencies reviewed here are the best performing cryptocurrencies over the past week. The largest cryptocurrency, Bitcoin, has fallen below the psychological price level of $30,000. This has contributed to the overall price decline.

The price of Cardano (ADA) has fallen to a low of $0.59 and has resumed consolidation above current support. Last week, the cryptocurrency fluctuated above the $0.59 support.

Litecoin (LTC) price is in a downtrend and has reached the low of $73. The current decline has reached the oversold zone as the bulls have bought the dips.