Fibonacci

Today, Bitcoin Cash is trading at $297 after the rejection at the $320 resistance. This is the second time buyers will be facing rejection at the same price level.

Expectantly, buyers have breached the $60 resistance after two weeks of price tussle. LTC suddenly rallied to $68 high as expected.

Buyers have finally broken the $0.30 resistance as price rallied to $0.327 high. The resistance has remained unbroken since August 4 after several retests.

Bitcoin bulls have been consistently trading above $11,800 for the past three days. After August 15, an unsuccessful attempt to break the resistance resulted in a tight price range.

Yesterday, Ethereum retraced to $420 and rebounded to reach a high of $440. Today, after retesting the $440 high, Ethereum resumed a downward move to retest the $420 low.

Tezos is trading in a sideways trend. Since August 1, buyers have not been able to break the resistance at $4.40. Two attempts have been made to break the resistance.

EOS continued its impressive runs yesterday as price rebounded above $3.40. Today, the coin is approaching the high of $4.0.

Interestingly, Ethereum bulls have broken the $400 overhead resistance after two weeks of price tussle between buyers and sellers. The biggest altcoin has attained a new high of $440.

After several downward moves, Ripple rebounded above $0.28 support. The rebound tested the $0.30 high but faced rejection.