Bitcoin price & Altcoin analytics

The price of Ripple (XRP) has continued to consolidate above the $0.58 support level as the altcoin maintains its range of fluctuation. For the past two weeks, XRP has been trading in a sideways trend.

Binance Coin (BNB) price is trading marginally below the $400 resistance level. The price movement was insignificant as small candles called doji and spinning tops were formed.

Bitcoin’s (BTC) price slumps after four days of intense struggle to break above $39,000 overhead resistance. Today, the largest cryptocurrency has fallen to the low of $36,633 at the time of writing.

Bitcoin Cash (BCH) has started a sideways movement after falling to the low of $265. The cryptocurrency seems to be in a tight range between $269 and $300.

The price of Cardano (ADA) is in a sideways trend, but consolidating above support at $1.00. The previous downtrend ended on January 22 after it fell to the low of $0.91. Buyers are desperately trying to bring the altcoin to the previous highs.

Since the January 22 price collapse, most altcoins have reached the oversold regions of the market. Buyers have been unable to keep cryptocurrencies' prices above the overriding resistance levels. Consequently, these altcoins were forced to continue their downward correction.

The price of Litecoin (LTC) is in a sideways movement as the cryptocurrency reaches a high of $110 at press time. The cryptocurrency is trading between $98 and $116.

The price of Ripple (XRP) has been trading in a range that fluctuates between $0.57 and $0.63. Buyers have been trying harder than sellers to break the range, but without success.

The best performing altcoins are all in bullish momentum as they recover from oversold regions. As bulls buy the dips, the altcoins are attracting buying pressure on the downside of the charts. The uptrend will continue as the altcoins break through their respective current resistance levels.