Price Analysis 8/10: BTC, ETH, XRP, BCH, LINK, BSV, LTC, ADA, BNB, CRO

This bullish view will be invalidated if the bears sink the price below $366. Such a move will suggest a weakening momentum that can drag the price to the 20-day EMA. A break below this support could signal a deeper correction to the 61.8% Fibonacci retracement level of $304.367.XRP/USDXRP is currently trading inside a falling wedge pattern, which usually acts as a bullish setup.

If the bulls can push the price above the wedge, the uptrend is likely to resume with the first target at $0.346727 and then $0.432105.

BCH/USDBitcoin Cash dipped to the 20-day EMA on Aug. 7 and again on Aug. 10, which suggests that the bears are attempting to sink the price back below the breakout level of $280.BCH/USD daily chart.

If the bulls can push the price above the downtrend line, it will signal advantage to the bulls.

This move seems to have caught the aggressive bears on the wrong side, and they were forced to cover their short positions as the price broke out to new highs, which resulted in a strong rally on Aug. 8 and 9.The LINK/USD pair rose to a high of $14.4586 on Aug. 9, which is just below the 200% Fibonacci extension level of $14.8537.

Contrary to this assumption, if the bulls continue to buy at higher levels and push the price above the resistance zone, a rally to 261.8% Fibonacci extension level of $17.4319 is possible.

This is the critical level to watch out for because, if the bulls can propel the price above this level, the momentum is likely to pick up.

If the ADA/USD pair rebounds off the 20-day EMA, the bulls will make one more attempt to scale the price above the zone.

While the bulls are buying the dips to $21.7628, the bears are defending the overhead resistance at $22.93.However, the moving averages are sloping up and the RSI remains in the positive zone, suggesting advantage to the bulls.

If the bulls can push the price above $22.93, a move to $24.4588 and then to $27.1905 is possible.