Downtrend

The price of Uniswap (UNI) has fallen into the downtrend zone as the price reached the low of $25.08. As the price breaks below the moving averages, there is a likelihood of further downward movement in the price.

The price of Ripple (XRP) has continued its downward correction following a recent downward momentum. The price action was insignificant and is contained between the 21-day line SMA and the 50-day line SMA.

Binance Coin (BNB) price broke out above the 50-day line SMA as it resumed its uptrend. Today, the altcoin faces resistance at $440. Once buyers break through the $440 resistance, BNB/USD will rise to $510.

The price of Cardano (ADA) is consolidating above support at $2.0 Today Cardano is trading marginally at $2.39.

Bitcoin Cash (BCH) is trading marginally above the 50-day line SMA. Over the past 48 hours, the altcoin has struggled to stay above $640 resistance.

The price of Ripple (XRP) has been trading at $1.07 for the past two days. The upward movement was slowed down by resistance at the recent high. The uptrend is doubtful as the XRP price has a series of lower highs and lower lows.

Today, Ethereum (ETH) has been in a downtrend, failing at its high of $3,450. The largest altcoin has fallen to a low of $3,196.

The price of Bitcoin (BTC) has fallen to a low of $44,550 during a sideways trend. It is likely that the cryptocurrency asset will retest resistance at $47,000. Here is how the price has performed in recent days. Bitcoin contains between $44,350 and $47,000.

Uniswap's (UNI) price has fallen as low as $22.66 after the last downward impulse.