Bitcoin price & Altcoin analytics

Since March 13, Litecoin has been falling consistently after reaching the high of $230. Today, LTC price slumps and finds support above $191 low.

Ripple is range bound between $0.45 and $0.50 price levels. Today, the XRP price rises to $0.487 high but presently the price has fallen below $0.48 low. There is a tendency for an altcoin to further decline. In the previous price action on March 4, XRP rallied to a $0.487 high.

Today, buyers have retested the resistance zone twice and found penetration difficult. This bullish scenario has been ongoing after the February 23 breakdown.

Bitcoin Cash has pulled above the $500 support and attempts to resume an upward move. Today, the upward move is facing some resistance as the altcoin resumes a range-bound movement below the $600 high. In the previous price action, BCH was trading above $680 support.

Yesterday, Bitcoin rebounded above the $45,000 support and rallied above the $50,000 high. Buyers are still struggling to push the price to the previous highs. In the previous price action, the bulls fail to break the resistance at $58,000.

Ripple is the third most valuable crypto which started the year with $0.19. In the first quarter of 2020, the crypto rose to $0.34 high but plunged to $0.11 in March.

Ethereum is the biggest altcoin that started the year with $129 which grew to $287 at the end of February. In March it faced rejection as the coin dropped to $89.

In the first half of the year, Bitcoin bulls were contesting to break the psychological price level of $10,000. In January, buyers retested the $10,000 to breach it but were resisted in February.

On November 5, XRP rebounded as price rallied above the SMAs. This rally resulted in a continuous retest of the $0.26 overhead resistance. On November 7, the bulls retested and broke the overhead resistance as the price reached a high of $0.267.