Bitcoin price & Altcoin analytics

After a four-day price battle, Bitcoin has begun the resumption of a downtrend. Today, the price of BTC has fallen to a low of $45,005 and further downside is possible.

Bitcoin Cash (BCH) continues its uptrend, breaking through resistance at $601. Buyers failed to sustain bullish momentum above the recent high on August 9, as the altcoin was pushed back.

Litecoin (LTC) has been trading in the overbought zone for the past 48 hours. Sellers have emerged to push prices lower. Litecoin is falling as it breaks below the 21-day line SMA.

Today XRP corrected higher but failed to break the $0.83 high as price consolidated below the recent high. Ripple is still trading in the bullish trend zone as the altcoin is able to move higher. If buyers break above the $0.83 resistance, XRP could go as high as $1.00 or $1.07.

The Ethereum price (ETH) is on the retreat today, August 9, after being rejected at the high of $3,187. The current retracement is reaching bearish exhaustion as the altcoin hits the low of $2,934.20.

Bitcoin (BTC) price faces rejection at the $45,250 high. Today, August 9, the BTC price is on a pullback to the downside.

The price of Chainlink (LINK) is trading in the bullish zone as the altcoin breaks above the moving averages. Currently, the upward movement has stalled below the high of $24.26. Buyers have been desperately trying to break above the recent high since August 3.

Dogecoin's (DOGE) bullishness is running into rejection at the $0.21 resistance level. Since July 21, the bulls have repeatedly tested the resistance to break it. Each time there is a rejection, the crypto would fall to the $0.18 support.

The price of Uniswap (UNI) is in a gentle uptrend, approaching a new high of $27. The cryptocurrency faced resistance at the $22 high, but fell back to and recovered from the $20 support.