Breakdown

Ripple has resumed an upward move after finding support above $0.52. The altcoin has risen to the $0.70 resistance zone and it is facing another rejection.

Litecoin has continued to have an impressive bullish run after the breakdown on November 26. Buyers are retesting the $90 resistance again.

Following the recent breakdown on November 26, buyers have been attempting to push BTC to the previous high above $19,400. Bitcoin has earlier plunged to $16,400 for failing to breach the $19,400 resistance.

On November 24, Ripple rallied to $0.78 high but pulled back to $ 0.70 low. The altcoin is repeating the price action of September 17, 2018. In that price action, the crypto rallied to $0.79 high.

Despite the breakdown on November 18 and the subsequent downward correction, Ethereum rebounded above $470 to reach the previous high.

For the past 48 hours, Ethereum has been in a downward move after failing to break the overhead resistance at $480. Yesterday, Ether fell to $440 low but the coin closed above $450 support at the time of writing.

Ethereum rallies reached its peak at a high of $467. At the $470 resistance zone, buyers could not sustain the uptrend. Consequently, Ether dropped to a $430 low.

Today, Binance Coin is trading at $27.72 at the time of writing. Buyers have failed to push BNB above the $32 overhead resistance since September 13.

Bitcoin (BTC) is in a sideways move below $14,000 after the bulls fail to break the $14,000 resistance. On October 31, Bitcoin in its current price surge reached a high of $14,055 but buyers failed to sustain the bullish momentum.