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.
Since November 18, Bitcoin Cash (BCH) plunged to a low of $540 and continued its sideways movement above current support. Last week, BCH traded in a narrow range between $540 and $600.
Altcoins have fallen off their respective overhead resistance as the market reached overbought regions. This indicates that the short-term sentiment was unfavorable. The following cryptocurrencies showed the worst performance in the last 7 days.
Litecoin (LTC) price has fallen above the 50-day moving average line twice. In addition, the LTC price has corrected to the upside but failed to break above the 21-day moving average line.
Today, Bitcoin (BTC) is falling after being pushed off at the $60,000 resistance level. The cryptocurrency's price has fallen to a low of $57,318 at the time of writing.
Chainlink (LINK) is in a downtrend as price falls below the moving averages. The cryptocurrency has fallen to a low of $25, but the market has risen to a high of $28.
Dogecoin (DOGE) is trading in the downtrend zone as the price falls below the moving averages. The cryptocurrency has fallen to a low of $21 as bulls have bought the dips.