Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA

Bitcoin's rally from $10 to $100, a 10-fold rise, took only 122 days after it had spent 100 days above $10. Similarly, a move from $100 to $1000 happened in two days, and the rally from $1,000 to $10,000 was completed in 150 days.

If the bulls can push the price above the downtrend line, the ETH/USD pair may rise to the $420.50 overhead resistance.

It is difficult to predict the direction of the breakout from the range it is better to wait for the price to break above or below the range before taking a large bet.

A trending move could be expected if the bears sink the XRP/USD pair below the $0.2295-$0.219712 support zone, while a break above $0.26 will suggest that the bulls are in command.

BCH/USD. The long wick on the candlestick on Oct. 28 shows that bulls booked profits when Bitcoin Cash failed to rise above $280. Although the bulls purchased the dip to the 20-day EMA on Oct. 29, the price has again slipped today.

If the bears can sink the price below the 20-day EMA, a drop to $242 is possible.

LINK/USD. Chainlink has broken below the 20-day EMA support and the bears are now attempting to sink the price below the 50-day SMA. If the bears succeed, the altcoin could dip to the uptrend line.

If the bulls buy the current dip and push the price back above $28.43, the BNB/USD pair could rise to the 20-day EMA where it may face resistance.

A break below the uptrend line could drag the price down to the $146.20 support where the bulls are likely to step in and buy.

This view of a range formation will be invalidated if the bulls push the price above $180.63 or the bears sink the pair below $146.20.ADA/USD. Cardano broke below the 50-day SMA on Oct. 29 and the bears are currently attempting to sink the price below the $0.0893 support.