Bitcoin price & Altcoin analytics

Bitcoin is one of the most volatile financial assets of the 21st century. It took just 10 years for Bitcoin price to multiply in its value tens hundred times and to reach todays price of almost $10,000 USD.

Despite its consolidation, Ethereum makes insignificant price movements. Yesterday, the market moved up but the marginal increase has been erased because of constant fluctuations. The price is unstable because of the appearance of small body candlesticks like the Doji and Spinning tops.

Ripple (XRP) has been under strong contention as bears attempt to sink the price below $0.27. In the first instance, the bears took the price to a low at $0.27 while price corrected upward but was resisted. The market fell back to the same support and commenced a sideways move.

On November 13, the Bitcoin Cash price is consolidating above $280, and a bounce will see the coin reach $280. The pair will fall if the $280 support level is breached.

The Bitcoin price (BTC) consolidates at $8,750 level in readiness for the next price move. As Coinidol.com reported before, the BTC will continue its downward move if the $8,750 price level is breached.

In November 2019, Ripple (XRP) has maintained a stable price level as it trades in a sideways trend. The market has been trading below the $0.30 resistance level as the bulls fail to break the price level. When the price tests the $0.30 resistance level, XRP will fall to a low at $0.29 support level and resume another bullish move.

Litecoin has gained 22% in its upward move against the latest bearish impulse. Coinidol.com news outlet reports that the coin has many other opportunities as the initial resistance level has been breached.

Yesterday, ETH moved up to $192 but pulled back. At other times, the price will reach the $195 resistance level and retrace back to the $180 support level. This has been the scenario in October. Ethereum is facing price rejection at a higher price level because of a lack of buying power.

Bitcoin has maintained its position above $9,000 for the past three weeks as the bulls and the bears were undecided about the direction of price. The market retested the $10,000 supply zone immediately after price rally but the bulls were resisted. Bitcoin is currently fluctuating in a tight range between the $9,000 and $9,600 price levels. The price may go either way as the buyers and sellers tussle for price.