Research

Litecoin (LTC) price is consolidating above the $60 support as bulls are consistently defending the current support. However, the upward movement of the LTC price was limited below the 21-day line SMA.

The price of Polkadot (DOT) has come under renewed selling pressure after being rejected at $10.79. The altcoin could have risen to the high of $12 if the resistance was broken.

Ethereum (ETH) is in a downward correction and continues its downward movement.

Bitcoin (BTC) is recovering and rising above support at $29,037.

Yesterday, the price of Ripple (XRP) was on the verge of falling below $0.38 support, but the bulls fought back. Sellers intended to push XRP to the previous low at $0.33.

The price of Bitcoin (BTC) is in a sideways movement as the bears try to break below the crucial support. On May 23, the bears pushed the bitcoin price to the low of $28,863, while the bulls bought the dips.

The Ethereum price (ETH) is in a fluctuation range as it trades above the $2,000 psychological price level.

The price of Polkadot (DOT) fell to a low of $7.18 on May 12. The May 12 plunge brings temporary relief to bulls as the downtrend has eased.

TerraUSD (UST) is in a downtrend as the altcoin fell sharply to a low of $0.050 but has recovered. Today, the altcoin is trading at $0.073 at press time. The cryptocurrency has been in a downward trend since May 9. Before the collapse began, the altcoin's price was stuck at $0.9950.