The Bitcoin (BTC) exchange rate has remained stable above the $24,000 support as it struggles to recapture $25,000. After several attempts to maintain the bullish momentum, Bitcoin is holding above $24,000.
On August 12, Chainlink (LINK) rallied to a high of $9.52, but encountered resistance at the recent high. The recent high was the historic price level of June 10. Today, buyers are struggling to maintain bullish momentum above the recent high.
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.
Binance Coin (BNB) price has risen to the high of $337 on August 10. This is the historical level from May 25. On May 25, buyers failed to keep the price above the $337 resistance as it fell to the low of 183. The bulls bought the dips as the altcoin resumed its upward movement.
In the last two weeks, Litecoin (LTC) price has been trading above the moving average lines. The uptrend was slowed down by the $64 resistance. Since July 18, the cryptocurrency has been forced to move sideways. The altcoin has been trading between $51 and $64.
Ripple (XRP) price is trading in the bullish trend zone and above the moving average lines. The bottom line is that XRP will continue to rise as long as the price bars remain above the moving average lines. After rejecting the resistance at $0.39, XRP is fluctuating above the 21-day line SMA.