Top three coins price prediction: Bitcoin, Ethereum and Ripple must all overcome strong resistance to reach key psychological levels – Confluence Detector
|Top three coins confluence detector
Bitcoin
BTC/USD is currently priced at $6,804.15. The bulls will need to overcome resistance at $7,000 to continue the upward momentum. $7,000 has the Previous Week High and one-day Pivot Point resistance-two. On the downside, there are two healthy support levels at $6,750 and $6,375. The former has the SMA 50, SMA 100, SMA 200 and one-hour Bollinger Band, while the latter has the one-day 161.8% and one-week 23.6% retracement levels.
Key Levels
Ethereum
ETH/USD is currently priced at $139.42. The bulls must overcome the $142 resistance level to potentially enter the $150-zone. The $142-level has the SMA 5, SMA 10, 15-min Bollinger Band lower curve and 4-hour Previous Low.
On the downside, ETH/USD has three healthy support levels at $136, $134.50 and $129. $136 has the SMA 5, SMA 10, 15-min Bollinger Band and one-day Fibonacci 61.8% retracement level, while $134.50 has the SMA 50, SMA 200, one-hour Bollinger Band. Finally, the $129-level has the daily Pivot Point.
Key Levels
Ripple
XRP/USD is presently priced at $0.1754. The bulls will need to overcome resistance at $0.1756 to hopefully breach the $0.18 psychological level. $0.1756 has the 15-min Previous Low, 15-min Bollinger Band, Previous Year low and SMA 5. On the downside, there is only one healthy support of note at $0.166, which has the SMA 5, SMA 100, daily Pivot Point and one-hour Bollinger Band.
Key Levels
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