XRP, EOS, Avalanche Price Analysis: 20 October
While the king-coin rallied towards its ATH, altcoins like XRP, EOS, and AVAX consolidated. However they followed reasonably bullish price trajectories.
TradingView, XRP/USDT
XRP displayed consolidation at $1.1042 within its resistance and support levels, which stood at $1.1859 and $0.9212, respectively. It appreciated by 1.09% over the past 24 hours. The key indicators pointed towards buyers’ momentum.
After plunging to 35.06, the Relative Strength Index assumed a forward trajectory towards the middle line. This reading indicated that bulls were taking over the price momentum. After a bullish crossover of the MACD (blue) and the Signal Line (orange), MACD agreed with the buyers’ strength by heading north towards the half-line.
The MACD histog
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