Bitcoin price & Altcoin analytics

Yesterday, ETH moved up to $192 but pulled back. At other times, the price will reach the $195 resistance level and retrace back to the $180 support level. This has been the scenario in October. Ethereum is facing price rejection at a higher price level because of a lack of buying power.

Bitcoin has maintained its position above $9,000 for the past three weeks as the bulls and the bears were undecided about the direction of price. The market retested the $10,000 supply zone immediately after price rally but the bulls were resisted. Bitcoin is currently fluctuating in a tight range between the $9,000 and $9,600 price levels. The price may go either way as the buyers and sellers tussle for price.

The 5 cryptocurrencies under review on Coinidol.com world news outlet have all moved to the bull market as others consolidate at the oversold region. The Dogecoin, TRON and Bitcoin SV have moved up as soon as the initial resistances were broken.

The Litecoin price dropped to a low of $60 after being repelled at the $64 price level. Surprisingly, in the previous days the bulls were making impressive moves before the price fell to its previous low. This signifies that the coin has no buying ability at the upper price levels. Meanwhile, the bulls are regrouping again to retest the resistance level.

The Ethereum price has been stagnant above $180 for the past two weeks as the price fails to break the range-bound zone. Currently, the upward move has been insignificant as the price moves only by 3.33% higher. The bulls have tried to penetrate the upper price range but were repelled after each trial. After each resistance, the price will fall to the low above $180.

BCH is in an unrelenting upward move to penetrate the $310 price level. Earlier on, the BCH has made a concrete effort to breach the neckline of the swing lows. It has also revisited the resistance zone thrice as it pulls back.

Bitcoin consolidates above $9,000 with buyers and sellers undecided about the next move. The small body candlesticks like Doji and Spinning tops are above the $9,000 supply zone representing market indecision about price next move.

In the last 48 hours, Litecoin has consistently maintained its upward move to reach the previous highs. Though, it is expected to face resistance at $63. The bull still has the advantage of an upper hand over the bear. However if the $63 resistance level is breached by the bulls, Litecoin will rally above the $80 price level.

XRP has made no significant price movement as it continues to trade below the $0.30 price level. Recently, the coin has been making false breakout above the $0.30 resistance level. Each time, the bulls break above the resistance  level the price pulls back below the resistance level. The XRP lacks buying power at the $0.30 resistance level.