Fibonacci

Bitcoin Cash is falling after reaching the $540 resistance zone. For BCH to turn down from the recent high is an indication of resuming a range-bound movement for a few days.

Litecoin's bullish run has suffered a setback as price was repelled at the $156 high. Today, LTC is falling because of the rejection at the recent high.

Presently, Ethereum bulls are attempting to break the $1,150 resistance. A breakout at the resistance will propel the crypto to resume the upside momentum.

Following the breakdown on January 11, XRP corrected upward and resumed a range bound movement between $0.26 and $0.31.

Bitcoin has continued to fall after a second rejection from the recent high. The coin is still fluctuating above the $33,000 support.

Today, Bitcoin Cash is making a positive move despite the recent breakdown. It is approaching the high of $480. The altcoin will resume upside momentum once the bulls break the $480 resistance.

On January 12, 2021, Ripple (XRP) is making a downward move after the rejection at the $0.35 high. The altcoin is falling because of the failure of the bulls to break the resistance at the recent high.

Litecoin rebounds above $132 as the altcoin resumes upward move. The price is fluctuating between $132 and $147 as buyers fail to take firm control of price upward move.

Ethereum has been in a downward move for the past two days. Today, the crypto has fallen to the support above $1,020.