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

In a triangle, the price moves between the support line and the resistance line.

If the breakout fails and the bears sink the price below the support line, then a drop to $9,835 would be on the cards.

ETH/USDEther had turned down from the downtrend line on Oct. 1 but the bears could not capitalize on the weakness and sink the price to the $308.392 support.

The bulls are unlikely to have an easy ride as the bears will mount stiff resistance at overhead resistance and the 50-day SMA.If the ETH/USD pair turns down from the downtrend line, the bears will once again try to sink the price to $308.392.

A break below this support may start a deeper correction to $240.XRP/USDThe 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 and the downtrend line.

The bears are currently trying to pull the price back below the downtrend line and if they succeed, the BNB/USD pair could drop to the 20-day EMA.A sharp rebound from this support will confirm that the bulls are buying on dips, while a break below it will signal near-term weakness.

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 downsloping moving averages and the RSI in the negative territory suggest a slight advantage to the bears.

If the bulls can push the price above the 20-day EMA, the pair could move to $4.6112 and above it to $5.5899.Another possibility is that the bulls buy on dips to $3.90 and the bears defend the resistance at $4.6112.

The bears may try to stall the relief rally at the downtrend line but if the bulls can push the price above it, the pair could move up to $51.The 20-day EMA is flattening out and the RSI has risen above 46, which suggests that the selling pressure has reduced.

Contrary to the bullish assumption, if the pair again turns down from the current levels or the downtrend line, the bears will try to sink the price below $41.6298.