Bullish

Famed Rich Dad Poor Dad author Robert Kiyosaki says he's still bullish on Bitcoin and Ethereum despite the turmoil caused by the FTX bankruptcy.

Bitcoin Cash (BCH) is in an upward correction and is encountering resistance at $120. The cryptocurrency is bearish as it could hit a low of $110.

Polkadot (DOT) is in an upward correction as it breaks above the moving average lines. The cryptocurrency value rose above the moving average lines, but got stuck at the 50-day line SMA. The altcoin has been fluctuating between the moving average lines since October 25.

Ethereum (ETH) is in an uptrend and breaking out above the moving average lines. The Ether price rose to a high of $1,596, but is rejected at the recent high. Today, the cryptocurrency has suffered a setback and is moving above the support of $1,507.

The price of Cardano (ADA) is in a downtrend, but is taking an upward correction. On October 25, the cryptocurrency value rallied as it crossed the 21-day line SMA and reached the high of $0.41

The price of Bitcoin (BTC) is bearish after a failed attempt to break above the moving average lines. Bitcoin has fallen to the low of $19,321 at the time of writing.

Dogecoin (DOGE) price is bearish after failing to break through resistance at $0.066.

Ethereum price (ETH) is in an upward movement after the price crossed the 21-day line SMA. The market will continue its upward movement if Ether holds above the 21-day line SMA.

Cryptocurrencies are trading in a bullish trend zone as they break above moving average lines. Altcoins are making short recoveries as they trade in the overbought region of the market.