Downtrend

Dogecoin (DOGE) has been consolidating above $0.18 support for the past four days. Bulls failed to break through the $0.21 resistance, forcing the cryptocurrency to resume a sideways move below the recent high.

Polkadot (DOT) price rises to $13.50 but fails to break recent high. DOT price is now consolidating below the recent high. Buyers face strong resistance at $13.50. If buyers fail to break the resistance zone, the downtrend will resume.

The price of Ripple (XRP) is putting in an impressive run, but is running into rejection twice at the $0.60 level. On July 20, the bears had pushed the cryptocurrency to the previous low at $0.51, but the bulls bought the dips.

Yesterday the price of Cardano (ADA) fell to a low of $1.02 and then rebounded. This was the previous low from June 22. The bears retested the previous low but were unable to break below it. Today, buyers push ADA to the previous high of $1.50 resistance.

Bitcoin Cash (BCH) saw its second round of downtrend as it fell to a low of $384 and resumed its upward correction. Price corrected upwards to $416 at the time of writing, but selling pressure is likely to continue.

On July 20, Litecoin (LTC) fell and approached the previous low at $105.78, which was reached when the LTC price fell to $105.78 on June 22. Nonetheless, the bulls bought the dips at this low as the cryptocurrency resumed the correction to the upside.

The price of Ripple (XRP) is falling as it approaches its previous low at $0.51. Today, XRP is trading at $0.53 at the time of writing. The market will reach the oversold region if the selling pressure continues.

Ethereum (ETH) price has continued to fluctuate between $1,860 and $2,040 price levels. The bears failed to break the support at $1,860. Similarly, the upside has been restricted below $2,040.

Bitcoin (BTC) price has been trading above $31,000 support for five days now, bouncing occasionally to retest the $32,000 high.