This week, cryptocurrencies fall into two categories. As traders remained uncertain about the direction of the market, a certain group of altcoins is bound in a range. Another group of cryptocurrencies has seen a significant decline and bearish exhaustion.
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The cryptocurrencies below have picked up another round of selling pressure. The upside corrections led to further downside in altcoins. The resistance levels posed a challenge to the recovery of the altcoins.
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It has been difficult to identify the best performing altcoins. This is because cryptocurrency markets are under heavy selling pressure. Cryptocurrency markets are experiencing various degrees of correction.