Downtrend

Since October 22, the Binance Coin uptrend has been interrupted at the high of $31.20. In retrospect, On September 14, BNB had already faced rejection when it attained its peak price of $32.00.

Expectantly, BCH is in an uptrend as the coin trades in the bullish trend zone. Buyers are in control as they push prices above the $250 support level.

Ethereum has been trading below the $380 resistance since October 14. Buyers have been making a concerted effort to break the resistance at $380 so to resume the upside momentum.

On October 8, Tezos rebounded above the $2.0 support as the price rallied to a $2.40 high. The upward move faced rejection as the coin slumped down again.

On October 12, the biggest altcoin faced rejection at the $395 overheard resistance. After Ether was repelled the coin dropped to $368 low.

The rejection at the $0.26 overhead resistance has reached a low of $0.24 as the price falls into the bearish trend zone. Today, the crypto’s price is fluctuating above $0.24.

Bitcoin Cash suffered a setback as buyers attempted to push prices above the $260 resistance. Today, the coin has fallen to $243 low but it is trading above $253 high at the time of writing.

Litecoin (LTC) price analysis, October 26, 2020. Despite its promising upside momentum, Litecoin has plunged to a $47 low. There are indications that the current fall will extend to another low at $44.

Ripple has resumed a downward move as bulls fail to break the $0.26 resistance. The coin was compelled to a sideways move between $0.248 and $0.26 while buyers made several attempts to breach the overhead resistance level.