Fibonacci

Today, Ethereum has retraced to $380 low at the time of writing. The biggest altcoin has been retracing because of rejection at a high of $394.

Bitcoin Cash now consolidates in a tight range between $230 and $235. This is because buyers fail to break the $240 resistance twice.

Today, XRP took a giant stride as price almost hit the $0.26 resistance level. This will be the second time, buyers will be making such an attempt at the resistance.

Today, Ethereum bulls attempt to reach the $390 resistance and break above it. Soon after surviving the downtrend below $310, buyers have shifted focus on the $390 resistance.

Following the September 3 decline to $203 low, Bitcoin Cash has continued to fluctuate between $215 and $240. For the past two weeks, the range-bound levels have remained unbroken.

Bitcoin bulls have made positive moves after the coin rebounded above $10,200 support. Earlier on, BTC has been stable above $10,200 before the eventual rebound.

Buyers are making frantic efforts to break above the $51 resistance. Today will be the third attempt at the $51 resistance.

Yesterday, a possible rally above $390 was truncated as buyers were repelled because of selling pressure. Ether dropped to $360 low and resumed upward move immediately.

Bitcoin has stabilized above $10,200 after the recent fall on September 8. On September 8, BTC dropped to $9,882 while the bulls bought the dips to push the coin upward.