Downtrend

Despite the recent breakdown, the price of Ethereum (ETH) has continued its downward trend. This latest decline is due to the rejection of the resistance at $3,515.40.

Today, Ripple (XRP) saw a sudden price spike to a high of $1.25. Today's price action resembles a vertical rally that is not supported by any fundamentals. XRP price broke through the 21-day line SMA and attempted to reach the overriding resistance at $1.40.

Binance Coin (BNB) price is in a downtrend as the cryptocurrency has fallen sharply to the low of $358.50. The BNB price corrected upwards to $440, but was rejected as the altcoin resumed its downward correction.

The price of Bitcoin (BTC) has been falling down, hitting the low of $43,220. However, the bulls bought the slump and pushed the BTC price to a high of $46,350.

Cardano (ADA) has resumed a downward move after a recent breakdown. Today the market has risen above the $2.30 level, but the uptrend is coming under selling pressure at the recent high.

Bitcoin Cash (BCH) is in a downtrend as the altcoin fell to a low of $582. Today, the altcoin has risen to $655 as bulls have bought the dips.

The price of Litecoin (LTC) has fallen sharply after failing to hold above the $232 peak. Today, the altcoin has fallen to its previous low of $208 and is trying to find support above it.

Following a successful rally, the price of Ethereum (ETH) has fallen from $4,027 to $3,950. The current price level will likely continue to fall unless resistance is broken.

For the past two days, the price of Dogecoin (DOGE) has been on a downward trend. Today DOGE dropped to a low of $0.29.