The price of Dogecoin (DOGE) has continued its downward trend after rejecting the high of $0.17. Since the start of the downtrend, the cryptocurrency's price has hit a series of lower highs and lower lows.
The price of Uniswap (UNI) is in a downward correction as the price falls below the moving averages. All upside corrections were shrugged off as the altcoin found support above $10. The cryptocurrency lacks buyers at higher price levels.
The price of Polkadot (DOT) resumed its downward correction after the price fell below the moving averages. Today, the DOT price fell to the low of $17.
Ethereum (ETH) has fallen after buyers failed to keep it above the $3,200 resistance level. The largest altcoin is slumping as the price falls below the moving averages. Ether has fallen into the bearish trend zone. The bears will try to sink the altcoin in the downtrend zone.
For the past week, the price of Ripple (XRP) has consistently been on an uptrend. The altcoin has been fluctuating between support at $0.75 and resistance at $0.90.
Today, Binance Coin (BNB) is falling after buyers failed to break the 50-day moving average line or resistance at $440. This is the second time the bulls have been beaten back at the 50-day moving average line.
The price of Bitcoin Cash (BCH) is trading above the 21-day moving average line, but below the 50-day moving average line. This indicates that the cryptocurrency's price will fluctuate between the moving averages.