In the last 48 hours, buyers broke the $0.26 overhead resistance but the bullish momentum reached the price at $0.26392 before it was repelled. Since September 25, XRP has not been able to trade above the overhead resistance.
Litecoin bulls have overrun the crucial resistance levels of the coin. Buyers have broken the price levels of $48 and $51 which have poised initial resistance to price movement.
Ripple (XRP) price analysis, October 22, 2020. For the past two days Ripple has been making a steady upward move. Today, October 22, buyers have retested the $0.26 overhead resistance but failed to break the resistance.
Ethereum bulls have sustained the recent rallies as price retests the resistance at $395 to break it. Earlier on buyers have broken the $380 resistance to push the price into previous highs.
Today, BTC has made an impressive bullish run as price hit the high of $12,300. This current uptrend has been made possible because of recent developments.
Since BCH fell from the peak price of $265 on October 15, the coin has not recovered to that price level. All downward corrections and price movements were restricted below $253 high.
Litecoin uptrend is facing major hindrance at the $48.50 high. Yesterday, buyers pushed the price to $48.50 high but were repelled. Today, the upward move was resisted at the same resistance.
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.