The Bitcoin (BTC) price retreated after an impressive rally to the high of $40,046. The upside is encountering rejection at the recent high and the 21-day line SMA.
The Bitcoin Cash (BCH) price is in a downtrend as the price hit a low of $267 on April 30. The altcoin has fallen to the historical price level of March 7.
The price of Cardano (ADA) is in a downtrend as the cryptocurrency has dropped to the low of $0.73. The bulls have bought the dips. The bears have undercut the previous low at $0.78.
The price of Ripple (XRP) is in a downtrend as the cryptocurrency fell to the low of $0.56 on April 30. The altcoin has fallen back into the oversold region of the market.
The price of Ethereum (ETH) is in a downtrend as the largest altcoin has reached the low of $2,717. The price of Ether has a series of lower highs and lower lows.