Downtrend

Following the retest at the $280 overhead resistance, BCH has been on a downward move. On October 26, BCH retraced to $252 and corrected upward.

Litecoin bulls are sustaining the recent rallies as the price fluctuates below the $60 resistance. In the previous uptrend, buyers failed to push LTC above the $60 resistance.

Since September 3, Ripple has been compelled to a range-bound movement because of the absence of buyers at higher price levels.

Since October 22, the Binance Coin uptrend has been interrupted at the high of $31.20. In retrospect, On September 14, BNB had already faced rejection when it attained its peak price of $32.00.

Expectantly, BCH is in an uptrend as the coin trades in the bullish trend zone. Buyers are in control as they push prices above the $250 support level.

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.

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.

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.