The price of Polkadot (DOT) turned from the recent high, but found support above the breakout level of $20. Earlier, bulls broke through $20 resistance including the 21-day moving average line.
Ripple (XRP) has risen above the moving averages, ending the downward correction. The price of the cryptocurrency has also broken the resistance line of the descending channel. This means that the downward trend has ended.
The Bitcoin (BTC) price is holding above $42,710 after rising to a high of $45,400. In the last 48 hours, Bitcoin bulls made impressive progress as buyers encountered resistance at the $45,400 high. After the rejection, the BTC price fell back to a low of $42,710 and continued consolidating above the current support.
Virtually all cryptocurrencies, including the biggest losers, have regained bullish momentum as altcoins rally. The performance of the losers indicates that they are posting minimal losses or minimal gains.
Cardano (ADA) is moving positively after breaking through resistance at $1.15. The bullish momentum broke the 21-day moving average line, but was stopped at the $1.25 high.
The price of Litecoin (LTC) is rebounding after breaking through resistance at $115. Bullish momentum has broken above the moving averages, suggesting further upward price movement.