Top 3 Coins Price Prediction: BTC/USD must overcome resistance to have clear path to $10,000. ETH/USD has an easy ride, XRP/USD faces strong stack
|Top 3 coins daily confluence detector
Bitcoin
- Open: $8,823.30
- Current Price: $9,317.95
BTC/USD faces strong resistance at $9,500, which has the Previous Month high and one-week Fibonacci 38.2% retracement level. There are no healthy support on the downside.
Ethereum
- Open: $189.85
- Current Price: $199
ETH/USD bulls face no strong resistance on the upside. On the downside, the $190.10 support level has the 4-hour Bollinger Band middle curve, one-day and one-month 38.2% retracement levels.
Ripple
- Open: $0.197
- Current Price: $0.201
XRP/USD has three strong resistance levels at $0.2065, $0.2107 and $0.221. $0.2065 has the one-day Pivot Point resistance-two and one-day SMA 5. $0.2107 has the one-day SMA 10 and one-month Fibonacci 38.2% retracement level, while $0.22 has the one-week 63.8% and one-month 23.6% retracement levels.
On the downside, there is healthy support at $0.196, which has the one-day and one-month 61.8% Fibonacci retracement levels.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.