Downtrend

The price of Polygon (MATIC) has held its current support level of $0.63 while consolidating above it.

The price of Shiba Inu (SHIB) is in a horizontal trend after the end of the uptrend on March 5, 2024.

Below are some of the cryptocurrencies that are currently in their respective bull markets. The best-performing altcoins are making gains, but they face significant resistance at a recent high.

Polygon's (MATIC) decline has persisted above the $0.63 support while remaining below the moving average lines. Price analysis by Coinidol.com.

The price of Ethereum (ETH) is bearish after bouncing off the 21-day SMA or resistance at $3,200. Price aa

The price of Bitcoin (BTC) is falling again as buyers have failed to keep the price above the moving average lines. Price analysis by Coinidol.com.

The price of Ethereum (ETH) is recovering and approaching the 21-day SMA while remaining below the moving average lines.

Following Bitcoin's fall to new lows, the cryptocurrencies with the lowest performance have been hit the hardest.

The price of Litecoin (LTC) is in an uptrend before falling below the moving average lines and above the $70 support level.