Downtrend

The Bitcoin (BTC) price is in a downtrend, although it is making an upward correction as it continues to recover. Price analysis by Coinidol.com.

The price of Cardano (ADA) has been in a sideways trend since the end of the downtrend on August 5. The price indication has already shown a reversal of the downtrend above the $0.30 support.

Toncoin (TON) is in a downtrend, with the price reaching a low of $4.76. Previously, TON was trading in a sideways pattern, fluctuating between $4.00 and $8.00.

The price of Bitcoin (BTC) has stalled after falling above the $53,000 mark. The largest cryptocurrency fell to a low of $52,756 before recovering.

The price of Dogecoin (DOGE) has been steadily falling below the moving average lines, reaching a low of $0.080 on August 5.

The price of Avalanche (AVAX) has dropped significantly and is nearing the bottom of the chart. The altcoin has fallen to a low of $17.35 and could fall further.

The price of Bitcoin (BTC) is in a sideways trend following the price crash on August 27. Bitcoin traded below the moving average line last week, but above the $58,000 support level.

The worst performing altcoins in the previous week. Altcoins are likely to continue their downtrend.

The Toncoin (TON) price has fallen below the moving average lines. TON was in a downtrend as the upside momentum was halted twice at the $8.00 overhead resistance level.