Downtrend

Litecoin (LTC) is in a downtrend and has fallen to the low of $142. Support at $142 has not been breached since September 28. This is a historical price level and support where Litecoin is rallying to resume an uptrend.

Not all cryptocurrencies are facing a decline amid the downtrend. Oasis Network, for example, has pulled back above its moving averages, allowing it to resume its upward momentum. Other altcoins are not so lucky, as the bears have broken below the moving averages.

Today, the price of Ripple (XRP) rallied after testing crucial support at $0.76. Ripple's price has been flat since the December 4 plunge.

Ethereum (ETH) is trading just below $4,200 resistance, with buyers unable to keep the price above $4,200 after three attempts at the recent high.

Bitcoin (BTC) is stuck in a narrow range, fluctuating below the psychological $50,000 mark. Today, the cryptocurrency is declining, hovering above the $49,000 price level.

Last week, the price of Chainlink (LINK) moved in a range between $18 and $23. Today, buyers are driving the price of LINK to retest resistance at $23.

Dogecoin (DOGE) has held above $0.16 after its December 4 plunge. Today, buyers are pushing the cryptocurrency back up after the normal fluctuations. Currently, Dogecoin is trading above its historical price level of $0.16 from July 20.

Uniswap (UNI) price is in a downtrend as the price falls below the moving averages. The cryptocurrency is facing another rejection at $18.75, which will result in a decline to the downside.

Polkadot (DOT) is in a downtrend as the price has reached the oversold region at $26. The current downturn has reached bearish exhaustion.