Fibonacci

Ethereum bulls have been struggling to sustain price above the $350 support for the past two days. The downward movement will be stalled if price is sustained above $350 support.

In the last bearish impulse of October 2, Tezos (XTZ) fell to $2.02 low. The price was corrected upward and retested the $2.15 high.

The EOS downtrend has been consistent since August 16. The downtrend resumes as price makes a retest at the $2.56 high.

Ethereum bulls have been repelled at the $370 high after failing to reach the previous high. Buyers made frantic efforts to push the coin to the previous high at $390.

Bitcoin Cash recent rallies have been nullified as bulls were repelled at the $232 price level. However, buyers were unable to push prices above the recent high.

Ripple  (XRP) price analysis, October 2, 2020. Finally, sellers overwhelm buyers as they fail to break the $0.248 resistance.

Yesterday, LTC faced strong rejection as buyers partially pushed prices above the $48 resistance. The coin reached a high of $48.50 and suddenly dropped to $45.25.

Following the recent rebound above $0.22 support and the subsequent rise above $0.24, Ripple has resumed a sideways move below the 0.248 resistance.

In the last 24 hours, Ethereum has made impressive bullish moves as it rallies to $364 high. Presently, the market stands the chance for a further upward move after a minor retracement.