Ethereum (ETH) price has fallen to $3,500 support and resumed consolidation above it. Ether is unstable as the price fluctuates above the current support. As the market fluctuates, there is a tendency for the price to break the current support.
The price of Ripple (XRP) has continued its downward correction following a recent downward momentum. The price action was insignificant and is contained between the 21-day line SMA and the 50-day line SMA.
Binance Coin (BNB) price broke out above the 50-day line SMA as it resumed its uptrend. Today, the altcoin faces resistance at $440. Once buyers break through the $440 resistance, BNB/USD will rise to $510.
The price of Bitcoin (BTC) has been on a positive trend after the cryptocurrency broke through resistance at $48,000. Today, buyers maintained the bullish momentum above the $48,000 support.
Litecoin (LTC) price is trading at $179 at the time of writing. The price movement is stagnating due to the emergence of candlesticks with small bodies called doji and spinning tops. These candlesticks are responsible for the current sideways movement.
The price of Ripple (XRP) has been trading at $1.07 for the past two days. The upward movement was slowed down by resistance at the recent high. The uptrend is doubtful as the XRP price has a series of lower highs and lower lows.