The price of Ethereum (ETH) is falling back after failing to hold above the high of $2,040. Buyers retested resistance at $2,040 twice before resuming the downward move. On June 22, the bears sank Ether to the low of $1,711.40.
The price of Ripple (XRP) has corrected upward to retest the $0.65 price level. It is likely that the cryptocurrency will face renewed selling pressure if it is rejected at the recent high. On June 22, the bears had earlier broken the previous low at $0.65.
Binance Coin (BNB) is in a positive uptrend. The current uptrend is facing resistance at the $310 high. The resistance at $310 is the previous support from May 29. In that price action, the market rallied up to $420 high.
Bitcoin Cash (BCH) is in a downtrend to the $387 low as the bears broke the previous low at $467. BCH fell to the current low and pulled back, showing a long candlestick tail. The long tail describes strong buying pressure above current support. This price action prompted the bulls to buy the dips.
Litecoin (LTC) has continued to fall as bears break through $145 support. For the past month, Litecoin has been fluctuating between the $145 and $200 levels.
Ripple's (XRP) price has slumped to $0.57 at the time of writing. At the same time, the bulls buy the dips to resume upward but the selling pressure has overwhelmed the bullish move. This renewed selling pressure was caused by the crypto’s confinement in a range.
The price of Ethereum (ETH) price has fallen to the low of $2,000 as the downtrend has reached bearish exhaustion. The support level above $2,000 has held since April 18.
Uniswap's (UNI) price has fallen to $19.58 low and pulled back. The downtrend has reached bearish exhaustion as buyers emerge in the oversold region. The current downturn has been ongoing as price makes a series of lower highs and lower lows.