Cryptocurrencies continue to struggle with downward correction. The upside moves are constrained by the moving average lines, indicating a further decline in cryptocurrency. Some of the altcoins are forced to rangebound as buyers and sellers reach a stage of indecision.
Uniswap (UNI) price is in an upward correction after breaking through the moving average lines. The upward correction has stalled below the 50-day line SMA. As a result, UNI is likely to continue falling.