Weekly Cryptocurrency Market Analysis: Altcoins Face Selling On Every Rally, While Bulls Maintain Recent Uptrend


$ 84,092.1
€ 73,960.0
¥ 38,800.0
£ 63,636.7
BTC
0.62 %
$ 1,587.53
€ 1,396.62
¥ 732.56
£ 1,201.37
ETH
0.01 %
$ 218.52
€ 192.23
¥ 101.15
£ 165.40
XMR
0.63 %
$ 74.53
€ 65.56
¥ 34.36
£ 56.41
LTC
-1.89 %

Bitcoin is struggling above $38,000 support in the downtrend zone, while some of the best performing altcoins are trading in the uptrend zone. A few altcoins face the challenge of bears selling on every rally. These altcoins have resumed a new uptrend while others are struggling above the moving averages.