Correction

The price of Litecoin (LTC) is in a downtrend as the cryptocurrency declines and finds support above the $52 low.

The price of Bitcoin (BTC) is in a downward correction as the largest cryptocurrency hovers above the $18,200 support.

There are doubts about the upside correction in cryptocurrencies, as altcoins are under selling pressure every time they rally. The upside moves are merely a "bull trap".

Chainlink (LINK) price is above the moving average lines, but buyers are not able to trade above the $8.00 resistance zone.

Dogecoin (DOGE) price is in a downtrend as the altcoin consolidates above $0.058 support.

The price of Bitcoin Cash (BCH) is in a downward correction as the altcoin falls below its moving average lines. The cryptocurrency fell to the low of $115.95 as bulls bought the dips.

RVN and ATOM have continued their positive moves in the uptrend zones, but the price movement has stalled as the market has reached the overbought area. HNT, APE and SOL are in a downward correction as cryptocurrencies continue to hold their critical support levels.

The price of Cardano (ADA) resumed its downward correction after being dumped at the high of $0.52. In the previous price action, buyers pushed the altcoin above the moving average lines as it rallied to the high of $0.52.

The price of Ripple (XRP) is in an upward correction as the price breaks above the moving average lines.