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.
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.
Bitcoin (BTC) price is now in a sideways trend as buyers fail to break the $16,000 resistance. Today, the king coin is trading at $15,366 at the time of writing. In the previous uptrend, the upside momentum was terminated at the $15,888 high.