The price of Shiba Inu (SHIB) has risen above the moving average lines for the fourth time as it recovers from the low of the chart. SHIB is currently trading above the moving average lines.
The price of Ethereum (ETH) has fallen below the key support line below the moving averages. Buyers have failed to sustain their bullish momentum above the overhead resistance of $2,800.
Altcoins have resumed their uptrend against previously downtrending cryptocurrencies. Other cryptocurrency assets have maintained their uptrend by staying above the moving average lines.
The price of Cardano (ADA) fell below the moving average lines on October 25. The cryptocurrency fell to a low of $0.31 and continued its sideways trend.