Downtrend

Binance Coin (BNB) price has risen and reached a high of $386.50. It rose from the previous low of $332.50. Today, the uptrend is facing resistance from the recent high.

The bitcoin (BTC) price is encountering resistance at the $44,000 level today. Buyers are pushing the cryptocurrency to previous highs after bitcoin fell to a low of $40,255.

Today, current support holds as buyers push Cardano (ADA) to the high of $2.06. Later on, the cryptocurrency has fallen to another low after bears broke the 50-day line SMA.

Litecoin (LTC) price has fallen into the downtrend zone after the price dropped below the moving averages. The current price decline occurred to the support above the previous low at $155.

Ripple (XRP) has broken below the 50-day line SMA and hit another low at $0.90. Breaking through the moving averages gives sellers the edge to push prices lower.

The price of Ethereum (ETH) has continued its downward movement after the price fell below the moving averages. This break signals further selling pressure to the low of $3,098.

The price of bitcoin (BTC) has fallen to a low of $45,117 after being pushed back from a high of $48,800. The cryptocurrency has fallen into the bearish trend zone after dropping below the moving averages.

In the last 7 days, the total cryptocurrency market cap has increased by about 5.7% (from $2.074T to $2.114T). As of the weekend, the total crypto market capitalization stands at $2.114 trillion. During the week, it recorded a low of $1.902T and a high of $2.2T.

The price of Dogecoin (DOGE) continues to be in a downward correction. Today, the DOGE price is consolidating in a narrow range. The altcoin is trading at $0.24 at the time of writing.