Correction

Altcoins are rising above the moving average lines and climbing to new highs.

The worst performing cryptocurrency has recovered at the bottom of the chart. The cryptocurrencies broke through the moving average lines but were stopped by the overhead resistance.

Almost every altcoin on the following list has seen a sharp drop in price and reached its lowest levels.

Uniswap (UNI) has entered the bullish trend zone after rising above the 21-day simple moving average (SMA). The upside correction is currently trapped between the moving average lines.

The Ripple (XRP) price is in the bearish zone below the moving average lines.

Almost all of the altcoins listed below have fallen drastically and have reached the lower price levels. The gloomy trend in cryptocurrencies has come to an end.

Dogecoin (DOGE) price hit a low of $0.06 on December 30. Today, DOGE is recovering as it started to rise.

Uniswap (UNI) fell to a low of $4.94 as bulls bought the dips.

Ethereum (ETH) is in a downtrend after a recent rejection at the moving average lines. The largest altcoin is now trading above the support level of $1,184.