Dogecoin (DOGE) price has been in a downtrend since October 5 as it broke below the moving average lines. The cryptocurrency fell from a high of $0.066 to a low of $0.055 on October 13.
Uniswap (UNI) is in a downtrend as the price falls below the moving average lines. On October 7, the upward correction failed as buyers were rejected at the high of $7.00.
Huobi Token is the best altcoin with its superior uptrend. Nevertheless, the altcoin has reached the overbought region of the market. HT could face rejection. The other cryptocurrencies are trading in the uptrend zone and are capable of further upward movement. Let us discuss some of these altcoins in detail.
Binance Coin (BNB) price is in a downtrend and has moved down from the $300 resistance zone. Sellers broke below the moving average lines and reached the low of $256, while bulls bought the dips.
The price of Cardano (ADA) resumed selling pressure after falling below the $0.40 support. The cryptocurrency fell to the low of $0.38 as bulls bought the dips.