Fibonacci

Yesterday, Ethereum bulls pushed the altcoin to a high of $415. Ether crashed simultaneously with Bitcoin in the last 24 hours.

For the past 48 hours, Bitcoin is consolidating above $11,000 support after a sudden crash. On Sunday, August 2, buyers pushed BTC above $12,000 high.

Yesterday, buyers were able to push EOS above the $3.10 overhead resistance as the market shot up to $3.30 high. This is a positive move as the bulls were able to break the three months old resistance level.

Today, Ripple has hit above the $0.26 price level at the time of writing. Earlier on, buyers have been pushing XRP from the previous overpriced level of $0.235. The coin bounced above $0.23 to break the $0.235 resistance.

Ethereum has continued its bullish run as buyers were able to push ETH above the previous resistance at $340.

Cardano is one of the most performing altcoins which has been consistent in its upward move. The coin has earlier reached a high of $0.09 but was resisted because it reached the overbought region.

EOS has surged upward as bulls broke the downtrend line. The breakout is insufficient as buyers fail to break the $2.80 resistance.

Binance Coin rebounded yesterday to retest the $18 resistance after a month of price tussles. Yesterday, as price broke the downtrend line and closed above it, it signaled the resumption of the uptrend.

Ethereum falls but may find support at $140. Ethereum may risk depreciation if the low at $140 is breached