The price of Ripple (XRP) is rallying above support at $0.76. The bears previously dropped XRP to the lows of $0.57, but the bulls bought the dips as shown by the long candlestick.
On December 4, Bitcoin's crash affected the entire cryptocurrency market. Bears sold the recent recoveries in altcoins. Despite the retracement, some of the altcoins are surviving the downtrend.
The price of Ripple (XRP) is in an uptrend, reaching the high of $0.83. Buyers have a tough task ahead to take XRP above the $1.10 resistance and above the moving averages.
Ethereum (ETH) faces selling pressure as Ether sinks to a low of $4,023. The largest altcoin will see an accelerated downward move if it falls below the $4,000 support.
Chainlink (LINK) has fallen deep into oversold territory in the market. The cryptocurrency hit the $15 low and retreated. Today, the cryptocurrency is falling sharply after breaking the previous low of $22.
Dogecoin (DOGE) continues its downtrend after the price fell below the moving averages. Also, the DOGE price has fallen below the previous low of $0.196 as the altcoin hits the low of $0.190.
Uniswap (UNI) is in a downtrend after falling below its moving averages. On the November 12 breakout, UNI fell to a low of $18.75 as bulls bought the dips.
Polkadot (DOT) price is below the moving averages, falling to the low of $33. Support at $33 has held as bulls have bought the dips. DOT price is recovering from the current support and the altcoin is rising to the high of $38.