Fibonacci

Yesterday, LTC rebounded above the $63 support as price broke the $68 overhead resistance. Buyers have retested the overhead resistance in August to break above it.

Ripple (XRP) price analysis, November 17. Ripple has made positive moves soon after the November 13 breakout at the $0.26 overhead resistance.

Today, BTC has rallied to $16,385 high but faces rejection at the $16,400 resistance zone. In retrospect, on November 13, Bitcoin faced similar rejection at this price level as the king coin plunged to $15,725 low.

For the past 48 hours, Ethereum has been in a downward move after failing to break the overhead resistance at $480. Yesterday, Ether fell to $440 low but the coin closed above $450 support at the time of writing.

Yesterday, Chainlink (LINK) rebounded at the $11.83 low as it reached a high of $12.30 at the time of writing. Buyers are attempting to push the coin to its peak price of $13.40.

On November 8, Tezos faced rejection at the $2.20 resistance as it continued its range-bound move between $1.80 and $2.40.

Following the last bearish impulse on September 23 at the low of $2.39, EOS has been in a sideways move. Today, EOS is trading at $2.54 at the time of writing.

Finally, buyers have pushed XRP above $0.26 overhead resistance after over two months of range-bound movement.

Ethereum bulls have been able to sustain the recent rallies above $450 since November 7. However, the bulls have not been able to break the $480 resistance convincingly.