Price Analysis: Ethereum, Ripple, Bitcoin Cash
coinjournal.net
Major altcoins are struggling to post higher prices after Bitcoin’s run to a new 2020 high
Ethereum (ETH), Ripple (XRP) and Bitcoin Cash (BCH) are all trading up on the day, with Bitcoin’s remarkable jump to an all-time high near $20,000 appearing to jolt crypto bulls. XRP bulls are battling to keep prices above the 61.8% Fibonacci retracement level at $0.66.
On the upside, the next resistance level is at the 78.6% Fibonacci retracement level ($0.72) and $0.79 (previous high). The BCH/USD pair traded at highs of $322 yesterday, with the relief rally from $251 lows hitting resistance near the 61.8% Fibonacci retracement level at $326.
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