The price of Uniswap (UNI) has fallen into the downtrend zone as the price reached the low of $25.08. As the price breaks below the moving averages, there is a likelihood of further downward movement in the price.
The price of Ripple (XRP) has continued its downward correction following a recent downward momentum. The price action was insignificant and is contained between the 21-day line SMA and the 50-day line SMA.
Binance Coin (BNB) price broke out above the 50-day line SMA as it resumed its uptrend. Today, the altcoin faces resistance at $440. Once buyers break through the $440 resistance, BNB/USD will rise to $510.
Today, Ripple (XRP) saw a sudden price spike to a high of $1.25. Today's price action resembles a vertical rally that is not supported by any fundamentals. XRP price broke through the 21-day line SMA and attempted to reach the overriding resistance at $1.40.
Binance Coin (BNB) price is in a downtrend as the cryptocurrency has fallen sharply to the low of $358.50. The BNB price corrected upwards to $440, but was rejected as the altcoin resumed its downward correction.