Bitcoin price & Altcoin analytics

Binance Coin (BNB) price has risen above its moving averages, indicating a possible upward price movement. The current uptrend is facing resistance at the $640 price level.

Bitcoin Cash (BCH) is in a sideways trend. Today, BCH is consolidating above $550 support for a possible upside move.

Cryptocurrencies' higher price levels attracted heavy selling pressure while altcoins resumed their rally. Bears are holding the upside while bulls are buying the dips. The following altcoins are the top five losers of the past week.

Cardano (ADA) price has fallen below its moving averages. This suggests that Cardano will continue to lose value on the downside.

Ethereum (ETH) price is now above the 50-day line and below the 21-day moving averages. This suggests that the upside or downside will depend on the break of these moving averages.

After the recent downward momentum, Bitcoin (BTC) has rallied back above the $54,000 support. On November 26, sellers pushed the price of BTC to the low of $53,555. Had the bearish momentum continued, the bitcoin price would have fallen to $51,050 or $50,000.

Uniswap (UNI) has been in a downtrend since October 27. However, the current selling pressure has reached its bearish exhaustion.

The price of Polkadot (DOT) has continued to fall as the cryptocurrency has hit a low of $34. A further decline is likely as sellers push the altcoin to the low of $32 before it starts to move up again.

Ripple (XRP) has reached bearish exhaustion. At the time of writing, XRP is trading at $1.03. Since November 18, the price has remained unchanged above $1.00 support.