Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV

Crypto market sentiment appears to be improving across the board and the global push to mainstream central bank digital currencies is also making headway. This suggests that the pilot program was a success and shows that China is far ahead of other developed economies in developing their central bank digital currency.

Chainlink (LINK) has held above the 20-day EMA ($10.52) for the past three days but the bulls have not been able to push the price back above the $11.1990–$11.8028 resistance. Contrary to this assumption, if the ADA/USD pair turns down from the resistance line, the bears will once again try to sink the price below the 20-day EMA and the support line of the wedge.

Timeline of Chainlink, Xrp, Binance-coin, Bitcoin, Bitcoin-cash, Cardano, Ethereum, Litecoin, Polkadot-new