Downtrend

The coin has continued to fall to a bullish falling wedge pattern. The price pattern widens from the top, and contracts as Bitcoin continues its downtrend. As Bitcoin falls and slopes down, this pattern may eventually reverse the current trend. Three days ago, the pair reached a high of $7,800 and began another downward move.

Ripple (XRP) trades above the $0.22 support level. Ripple price may rally above $0.24 if more buyers come in at $0.22 price level.

XRP experiences aggressive selling as the market falls to a low of $0.20. A sideways trend is expected at the bottom of the chart

Ethereum drops to the support at $140 as bulls and bears tussle over the price. The pair reaches the oversold region as selling continues.

Litecoin drops to the bottom of the chart in an attempt to break the previous low. The support at $50 may hold which may lead to a sideways move.

Three days ago, the price at $8,400 was breached, this led Bitcoin to fall.  Further depreciation awaits Bitcoin if the price falls below $7,900.

Litecoin has surprisingly continued to fall after rejection from a major resistance. The conquering of the resistance levels of $64 and $80 could have taken the coin out of the downtrend zone. However, there are indications that the downward move may cause a fall to the previous low at $50. However, if the bulls are able to defend the $58 support level, a rebound may occur. This will propel the coin to retest the $64 resistance level.

Ripple (XRP) has been under strong contention as bears attempt to sink the price below $0.27. In the first instance, the bears took the price to a low at $0.27 while price corrected upward but was resisted. The market fell back to the same support and commenced a sideways move.

On November 13, the Bitcoin Cash price is consolidating above $280, and a bounce will see the coin reach $280. The pair will fall if the $280 support level is breached.