Downtrend

Polkadot (DOT) has fallen to an all-time low of $0.22 on September 21, 2021. Today, the altcoin is hovering above $22. In recent price action, the DOT price has held above $23, the previous low of the December 4 price drop.

The price of Ethereum (ETH) is plummeting after the bulls broke below support at $3,000. The largest altcoin has fallen to the low of $2,856 as of press time. The cryptocurrency is not done with the current price decline.

The price of Ripple (XRP) has come under renewed selling pressure after falling below $0.73 support. Today, the cryptocurrency has fallen to a low of $0.68 by the time of writing.

In the past 48 hours, the price of Cardano (ADA) has been moving in the zone of the uptrend. The altcoin recovered from the support at $1.15, broke above the moving averages and then reached the high of $1.60.

The largest cryptocurrency is on the way down. This is affecting Loopring, Kadena, Internet Computer, SushiSwap, and Elrond. These altcoins have fallen significantly and will continue to fall.

Litecoin (LTC) price is in a downward correction but is trading above the 21-day moving average line and below the 50-day moving average line. The altcoin is fluctuating between the moving averages.

The price of Ripple (XRP) is falling after buyers failed to break through resistance at $0.80.

With the largest cryptocurrency Bitcoin still in a downward correction, some of the selected altcoins are struggling. Of the best performing altcoins, Secret and Oasis Network are in a bull market.

On January 10, Ethereum (ETH) plunged to a low of $2,930 as bulls bought the dips. The upward movement was stopped at the high of $3,400. The price level of $3,400 was the previous support from October 11.