Downtrend

Today, Uniswap (UNI) fell to a low of $24 after failing at $26 resistance. Also, bullish candlesticks suggest a possible return to the bullish trend zone.

Since October 1, Ripple (XRP) has been trading just slightly below the $1.10 resistance level. There has been no significant price action as doji candlesticks and spinning tops have been seen.

After the downward impulse on September 21, the price of Cardano (ADA) has continued its downward correction. The altcoin is trading in the downtrend zone as buyers fail to keep the ADA price above the moving averages.

The price of Ethereum (ETH) fell to a low of $3,327 today and continues its sideways movement. At the current price level, the largest altcoin is considered to have fallen into oversold territory in the market.

The Dogecoin (DOGE) price has continued its downward correction despite most cryptocurrencies trading in the bullish trend zone. Today, the DOGE price faces rejection at the high of $0.22.

After the downward impulse on September 21, the price of Ripple (XRP) has been trading above the $0.89 support. Today, buyers have pushed the altcoin to the high of $0.95.

Binance Coin has been moving positively, but the upside has been hindered by resistance at the $385 high. Buyers are failing to sustain the bullish momentum as the market has reached the overbought zone.

Cardano (ADA) has fallen to the low of $2.02 at the time of writing. The price could resume its downward movement if it breaks below the $1.91 support.

Bitcoin Cash (BCH) has continued its slide after falling into the zone of downtrend. Today, BCH is trading at a low of $490 at press time.