Breakdown

The price of Cardano (ADA) has fallen below the previous low of $1.80 as the cryptocurrency has fallen further to a low of $1.67.

Bitcoin (BTC) price is rallying from the support at $40,000 to reach the high of $43,780. The uptrend is facing resistance at the resistance zone of $44,000.

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.

Despite the recent breakdown, the price of Ethereum (ETH) has continued its downward trend. This latest decline is due to the rejection of the resistance at $3,515.40.

Today, Ripple (XRP) saw a sudden price spike to a high of $1.25. Today's price action resembles a vertical rally that is not supported by any fundamentals. XRP price broke through the 21-day line SMA and attempted to reach the overriding resistance at $1.40.

Cardano (ADA) has resumed a downward move after a recent breakdown. Today the market has risen above the $2.30 level, but the uptrend is coming under selling pressure at the recent high.

Bitcoin Cash (BCH) is in a downtrend as the altcoin fell to a low of $582. Today, the altcoin has risen to $655 as bulls have bought the dips.

Bitcoin (BTC) price has been trading above $31,000 support for five days now, bouncing occasionally to retest the $32,000 high.

Following the breakdown on June 22, Cardano's (ADA) price has made a consistent positive move to the upside. The cryptocurrency has risen from the low of $1.00 to the high of $1.42.