Bitcoin price & Altcoin analytics

APE, ETC, AVAX, KSM and RUNE are making positive moves as cryptocurrencies reach the overbought region of the market.

Ripple (XRP) has overcome the initial resistance at $0.80. The cryptocurrency is approaching the next resistance at $0.90. The bullish scenario says that the market will rise to the resistance at $1.01 if the price overcomes the high at $0.90.

On March 16, the price of Ethereum (ETH) broke out above the moving averages as the altcoin reached a high of $2,986. However, the uptrend was short-lived as the largest cryptocurrency met fierce rejection at the $3,000 resistance zone.

The price of Bitcoin (BTC) has dropped and fallen above the moving averages. In other words, it has fallen above the psychological price level of $40,000.

Chainlink (LINK) is in an upward correction as the price breaks above the moving averages. In the uptrend, the bulls broke the moving average of the blue line, but failed to break the moving average of the red line.

The price of Dogecoin (DOGE) is in a downward correction as the altcoin faces another rejection of its recent high. The bulls have failed to break above the moving averages, while the bears continue to sell at the resistance level.

Uniswap (UNI) has been on the rise as buyers try to keep prices above the moving averages. Today, UNI has risen above the 21-day moving average and reached the high of $9.71.

Polkadot (DOT) broke above the moving averages today, but faced selling pressure at the recent high. Buyers pushed the altcoin above the moving averages on March 16, but sellers offered stiff resistance at the $19.50 high.

Ethereum (ETH) has risen above the moving averages but faces resistance at the high of $2,830. Buyers are making a reversal as they retest the recent high.