Fibonacci

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.

Ripple (XRP) price analysis, October 20, 2020.

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.

Bitcoin (BTC) is in bullish momentum as price breaks the range-bound zone of $11,200 and $11,440. The current momentum could not break the resistance at the $11,500 high.

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.

Today, EOS is trading at $2.53 at the time of writing. About a week ago, the coin was trading at $2.66 high. This explains the fact that the crypto is depreciating each day as the selling pressure persists.

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.