Downtrend

Binance Coin (BNB) price is in an upward correction. In the last 48 hours, the altcoin was in an uptrend.

The Bitcoin (BTC) price has regained momentum after sellers pushed the largest cryptocurrency below the $40,000 level.

The price of Bitcoin Cash (BCH) is in a downtrend. At press time, the cryptocurrency is trading at $376.

Loopring, Helium, Curve DAO tokens, Ravencoin and Filecoin are in downward corrections.

The Litecoin (LTC) price is in a downward correction today, approaching the previous low of $126, which was the previous low it had regained during the December 4 price drop.

It has been difficult to identify the best performing altcoins. This is because cryptocurrency markets are under heavy selling pressure. Cryptocurrency markets are experiencing various degrees of correction.

Ripple (XRP) is still in a downward correction and the price is fluctuating between $0.75 and $0.90. At press time, XRP is trading at $0.74.

Today, the cryptocurrency is below the moving averages, but is trading at $16.10 at the time of writing.

The Dogecoin (DOGE) price is in a downward correction as the price falls below the moving averages.