Bitcoin price & Altcoin analytics

On February 28, Bitcoin and some altcoins resumed trading in the bullish trend zone as cryptocurrencies broke out above the moving averages. Nonetheless, the altcoins listed below are the biggest losers as cryptocurrencies continue to experience a downward correction.

On February 28, Bitcoin Cash (BCH) rallied from $300 support as the price broke above the moving averages. However, the BCH price has retraced back above the moving averages.

Last week, the Litecoin (LTC) price was in a downward correction at the bottom of the chart. Today, the LTC price is retreating after being bumped off the 21-day moving average line.

Unlisted cryptocurrencies are trading in bullish trend zones, while altcoins are making positive moves with the exception of WAVES.

The price of Ripple (XRP) is stuck below the 21-day moving average line as buyers try to keep the XRP price above the moving averages. If the buyers are successful, XRP would have risen to the previous lows.

The price of Ethereum (ETH) is in a downward correction, consolidating between the $2,600 and $2,800 levels. The earlier downtrend has weakened after the altcoin fell to a low of $2,306 on February 24.

Bitcoin (BTC) price is in a downward correction as buyers were rejected from the resistance zone at $39,000.

The price of Chainlink (LINK) is in a downward correction as the cryptocurrency holds above the previous low at $13.

The price of Dogecoin (DOGE) is in a downward correction as the cryptocurrency has regained the previous low at $0.12.