Binance Coin (BNB) price risks a decline as the altcoin falls back below the 21-day line SMA. After falling to the low of $301, there was a pullback to the high of $308 today, with buyers trying to reclaim the 21-day line SMA.
Since July 28, the price of Uniswap (UNI) has been below the $10 resistance zone. In the last two weeks, the uptrend has stalled as the altcoin has resumed a sideways movement. The $10 price level is an overbought area of the market. The bulls have failed to break the over $10 resistance as the altcoin has resumed its sideways trend.
Altcoins are trading in bullish trend zones while bulls are challenging their respective overhead resistance levels. The overhead resistance has yet to be breached as the markets reach overbought conditions.
Uniswap (UNI) is in an uptrend, continuing its higher highs and higher lows. On July 28, the cryptocurrency rallied to a high of $9.84, but was pushed back. Last week, the uptrend stalled below the $10 resistance zone.
The cryptocurrencies listed below have regained bullish momentum as they rallied to previous highs. Currently, the altcoins are being rejected at the upper resistance levels. The cryptocurrencies will likely continue to fluctuate below the resistance levels for a few more days of consolidation.