Fibonacci

Following the rejection at $271 high on November 2, the coin plunged to $233 low. After an upward correction to the $245 high twice, sellers retested the $233 low but could not break below it.

Litecoin has resumed an upward move after the coin recovered from the last bearish impulse on October 30. Buyers have been defending the critical support above $51 when the bears struck thrice to sink the coin.

On November 3, Ripple dropped to the low at $0.2275 after a prolonged downtrend. Before now, XRP has been range-bound between $0.23 and $0.26.

For the past 24 hours, Ethereum has been holding above $400 high. Yesterday, the king coin rebounded twice as price broke the resistance at $380 and $395.

Yesterday, buyers were overwhelmed as the price broke below the critical support level at $250. The coin fell to the low at $233 but corrected upward to $245 high.

Bitcoin bulls have continued to sustain the current uptrend as buyers pushed above the $14,000 resistance. Yesterday, the king coin rebounded twice above the $13,600 high as price broke the resistance at $13,800 and $14,000.

For the past week, Litecoin has been in a downward move after failing to break the $60 resistance. In the first rejection, the coin fell to a low at $55.20 as bulls bought the dips.

Yesterday, the selling pressure of Ripple persisted as bears pushed price to a low of $0.22800. Before this time, the crypto has been range-bound between $0.23 and $0.26 since September 3.

Today, Ethereum suffers a setback as buyers fail to push the price above the $404 resistance. Following its recovery above $380 support, the crypto was set to retest the $420 resistance.