Uniswap (UNI) price is in a downtrend as it has fallen below the moving averages. The altcoin fell to a low of $8.89 on April 11. Buyers could not sustain the bullish momentum above the moving averages, hence the downtrend.
Bitcoin and the worst performing altcoins are trading in the bearish trend zone. This means that cryptocurrencies are capable of further downside moves.
The price of Bitcoin Cash (BCH) is in a downward correction as the altcoin fluctuates between moving averages. The current downtrend has eased as the altcoin finds support above the $290 low.
The price of Cardano (ADA) is in a downward correction, but selling pressure has eased as the altcoin finds support above $0.91. Today, ADA drops to a low of $0.94.