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Altcoins rally in disregard of newest Chinese crypto ban

News Snapshot:

– Bitcoin price inches closer to a breakout from the falling wedge pattern. – Ethereum price is retesting the upper trend line of the descending parallel channel, suggesting a breakout is around the corner. – Ripple price is relatively less bullish, showing a lack of buying interest among investors. Bitcoin price is exuding bullishness after the China FUD knocked it down. This optimism has helped Ethereum and other altcoins rally. Ripple, however, is still stuck below a stiff barrier, unable to crossover. Bitcoin price coils up Bitcoin price has been sloping downward since the September 7 swing high at $52,956….

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