Downtrend

The price of Ripple (XRP) is in an uptrend, reaching the high of $0.83. Buyers have a tough task ahead to take XRP above the $1.10 resistance and above the moving averages.

Ethereum (ETH) faces selling pressure as Ether sinks to a low of $4,023. The largest altcoin will see an accelerated downward move if it falls below the $4,000 support.

Bitcoin (BTC) is in a downward correction. Today, sellers resumed selling pressure as it broke below $49,000 support.

Chainlink (LINK) has fallen deep into oversold territory in the market. The cryptocurrency hit the $15 low and retreated. Today, the cryptocurrency is falling sharply after breaking the previous low of $22.

Dogecoin (DOGE) continues its downtrend after the price fell below the moving averages. Also, the DOGE price has fallen below the previous low of $0.196 as the altcoin hits the low of $0.190.

Uniswap (UNI) is in a downtrend after falling below its moving averages. On the November 12 breakout, UNI fell to a low of $18.75 as bulls bought the dips.

Polkadot (DOT) price is below the moving averages, falling to the low of $33. Support at $33 has held as bulls have bought the dips. DOT price is recovering from the current support and the altcoin is rising to the high of $38.

The price of Ripple (XRP) remains in a downtrend as XRP trades below its moving averages. The cryptocurrency tends to fall as long as it is in downtrend territory.

Bitcoin Cash (BCH) is in a sideways trend. Today, BCH is consolidating above $550 support for a possible upside move.