Weekly Cryptocurrency Market Analysis: Altcoins In Upward Correction As They Break Through More Resistance Levels
Submitted by Anonymous (not verified) on Thu, 12/01/2022 - 13:50There is a favorable uptrend in altcoins this week.
There is a favorable uptrend in altcoins this week.
Bitcoin Cash price (BCH) rose above the moving average lines, indicating an uptrend.
Cardano (ADA) price is falling below the moving average lines. Support at $0.31 has been defended by buyers since November 9.
Litecoin (LTC) price has been rising after breaking through the $64 level.
The price of Ripple (XRP) is falling as buyers fail to keep the price above the moving average lines.
Ethereum price (ETH) is falling as it faces resistance at the high of $1,200.
The cryptocurrencies listed below are now trading in the downtrend zone of the chart.
Bitcoin (BTC) price is falling below the moving average lines. The BTC price hits a low of $16,057 today before rising again.
Chainlink (LINK) price is falling but correcting upwards.
Dogecoin (DOGE) price is up after rising above the moving average lines.
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