Weekly Cryptocurrency Market Analysis: Altcoins Revisit Previous Lows as Sellers Resume Selling Pressure

Cryptocurrencies are down as altcoins rebound to their respective previous lows. Altcoins face rejection as buyers fail to keep the price above the overhead resistance levels.

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Dogecoin Hovers Above $0.063 as Buyers Attempt to Revisit the $0.08 High

Dogecoin (DOGE) price is in a downtrend as the market hits a low of $0.063. The cryptocurrency has fallen and is retesting the previous price levels from July 12 and…

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Polkadot Declines as It Retests Twice the $7.78 Resistance Level

Polkadot (DOT) is in a downtrend as the altcoin trades below its moving average lines. On August 24, the price of DOT retested the 50-day line SMA, but was rejected.

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Weekly Cryptocurrency Market Analysis: Altcoins May Attract Buyers as the Markets Reach Oversold Regions

On August 17, cryptocurrencies experienced a meltdown as altcoins fell back to previous lows. The worst-performing cryptocurrencies risk further declines if current support levels are breached. Cryptocurrencies will continue another…

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Uniswap Is in a Range as It Challenges $10 Overhead Resistance

Since July 28, the price of Uniswap (UNI) has been below the $10 resistance zone. In the last two weeks, the uptrend has stalled as the altcoin has resumed a…

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Litecoin Initiates a Fresh Decline as It Faces Resistance at $55

Litecoin (LTC) price is in a downtrend and resumed selling pressure after rejecting the high at $55. On July 9, bulls attempted to break above the 21-day line SMA but…

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Weekly Cryptocurrency Market Analysis: Altcoins Resume Downtrend as Cryptos Attract Buyers at Lower Price Levels

The worst-performing altcoins have failed to hold their previous support levels as cryptos have fallen below their moving average lines. The downtrend has eased as some high-profile cryptocurrencies have resumed…

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Litecoin Falls Significantly but Takes a Breathe Above $44

Litecoin (LTC) price is in a downtrend as the price broke below the current support at $60. The bears have also undercut the previous low at $54. The upward movement…

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Binance Coin Faces Resistance at $325, May Slide to $268 Low

The price of Binance Coin (BNB) is in a downtrend as the price falls below the moving averages. Last week, bulls broke above the 21-day line SMA twice, but were…

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Uniswap Retraces above $4.66 as the Crypto Reaches Oversold Region

Today, the price of Uniswap (UNI) is in a downward movement as it retests the current support at $4.66. The bears are trying to break the current support to retest…

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