Investing

The price of Chainlink (LINK) is in a downward correction, while the altcoin continues its sideways movement. Currently, the upward movement is limited by the 21-day line SMA. Today, the bulls failed to break the 21-day line SMA while the altcoin continues its downward trend.

Uniswap (UNI) has regained momentum as the altcoin has climbed to a high of $5.79. Since May 12, the cryptocurrency fell to a low of $3.67 and continued a downward correction. On June 19, UNI recovered and broke above the moving averages.

The price of Polkadot (DOT) is in a downtrend, but buyers are trying to break the 21-day line SMA. Today, the cryptocurrency is trading at $8.12, but it is restricted by the 21-day line SMA. The altcoin will rise to $9.80 if the bulls break the 21-day line SMA.

On June 18, the Bitcoin (BTC) price plunged to a low of $17,605 as bulls bought the dips. Immediately after the buying, the bitcoin price rallied to a high of $20,744. The upward correction was halted at the $20,800 resistance zone.

The Federal Bureau of Investigation (FBI) has sent a stern warning to professional networking site LinkedIn. Sean Ragan, Special Agent with the Bureau, said cryptocurrency investment scammers are on the rise on the professional network.

On June 13, Polkadot (DOT) fell and retested the previous low of $7.18 and retreated. After retesting the previous low, the bears are eager to break it. The bulls defended the support of $7.18 last month.

The Bitcoin (BTC) price has finally fallen to the psychological $20,000 mark. On June 14, the largest cryptocurrency fell to a low of $20,816 and consolidated back above the current support.

The price of Cardano (ADA) has resumed selling pressure after failing to break above the 50-day line SMA. In the previous price action, Cardano was in a sideways movement between the moving averages. Today, the price of ADA fell to the current support at $0.44. If the bears break it, the price of ADA will fall to the low of $0.35.

Bitcoin (BTC) has fallen to a low of $24,291 after three weeks of trading above the $29,078 support level. According to the price indicator, Bitcoin has fallen to a targeted low of $24,352.