Altcoin

Cryptocurrencies are losing their previous highs as sellers push prices to altcoin support levels.

The Litecoin price (LTC) is trading in the uptrend zone while facing rejection at the $130 resistance level.

The price of Cardano (ADA) is trading in the bullish trend zone as the altcoin has reached the high of $1.26.

Many altcoins are being rejected from recent highs. Demand is drying up at higher price levels. Bulls are not buying the dips either.

Bitcoin has held above the $45,400 level since April 1. This has supported Moonbeam, SKALE Network, and Aave to advance to their previous highs.

The Ethereum price (ETH) continues to fluctuate below the $3,500 resistance level after breaking through the $3,400 resistance.

Helium, IoTeX, UNUS SED LEO, and Huobi tokens, with the exception of Bitcoin Cash, are struggling to stay above their moving averages. The worst-performing altcoins risk further declines as they trade in the bearish trend zone. Here are some of those cryptocurrencies.

After Bitcoin broke through overriding resistance at $45,000, the five altcoins have rallied into the overbought regions of the market.

The biggest losing altcoins are trading positive while cryptocurrencies are gaining in value. This is due to the recent upward movement of the largest cryptocurrency, which broke through the $42,000 resistance level. Altcoins have appreciated with a minimal percentage.