Price analysis 10/5: BTC, ETH, XRP, BNB, BCH, DOT, LINK, CRO, LTC, ADA

The failure of the bears to sink XRP below the $0.2295 support on Oct. 2 and 3 attracted aggressive buying from the short-term traders who pushed the price above the 20-day EMA ($0.242) and the downtrend line. This suggests that the bulls are hesitant to buy Bitcoin Cash (BCH) near the stiff resistance of the 20-day EMA ($225) and the downtrend line.

If the bulls do not push the price above the downtrend line within the next few days, the bears will again attempt to sink the BCH/USD pair to $210. The bulls are defending the $0.144743 support but the rebound from the current levels could again face stiff resistance at the 20-day EMA ($0.153) and then at the downtrend line.

Timeline of Bitcoin, Bitcoin-cash, Link, Xrp, Binance-coin, Chainlink, Crypto-com-coin, Ethereum, Litecoin, Polkadot-new