Downtrend

Following the attainment of its peak price, Ripple is in a downward correction as the price fluctuates between $1.05 and $1.30. Today, XRP is falling as it hits the low of $1.12. The current decline was rejected at the high of $1.19

Today, the price of Bitcoin (BTC) fell to a low of $47,928 as it broke below the $48,000 support level. The $48,000 price level has provided support for the upside momentum.

Today, Dogecoin (DOGE) has corrected to $0.30, but faces a rejection of the recent high. The price has pulled back to the low of $0.28. If DOGE holds above the current support, the market will rise to break the initial resistance at $0.30.

After an impressive rally, Polkadot (DOT) drops to 21-day SMA support and continues its upward move.

Today, the Bitcoin (BTC) price is falling back after hitting a high of $49,385. This is the second time it has been rejected at the psychological $50,000 price level.

The price of Bitcoin Cash (BCH) has fallen to a low of $638. Today, the upside was rejected at the $660 high. The current selling pressure is likely to extend to the low of $620.

Binance Coin (BNB) price has risen to $490 after breaking above the initial resistance at $460. Buyers reached the new price level after three days of price action. However, further upward momentum is unlikely as the cryptocurrency reaches an overbought zone.

The price of Ripple (XRP) is recovering from the previous downtrend, but faces a first hurdle at $1.24. In the last 24 hours, the bulls have retested the recent high twice, but the selling pressure is overwhelming.

After rejecting the $48,000 resistance zone, the price of Bitcoin (BTC) has fallen to the low of $44,090.