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Top 3 coins Bitcoin, Ethereum and Ripple Price Prediction: BTC and XRP lack strong resistance – Confluence Detector

Top 3 coins daily confluence detector

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Bitcoin

  • Open: $11,918.65 
  • Current Price: $12,334.81 

BTC/USD lacks strong resistance levels on the upside, giving the bulls full license to push the price up to the $13,000-level. On the downside, we have two healthy support levels at $12,255 and $11,550.

The $12,255-level has the one-month and one-week Pivot Point resistance-one, among others. The $11,550-level is highlighted by the daily Pivot Point support-three, one-week Fibonacci 61.8% retracement level.

Ethereum

  • Open: $433.86
  • Current Price:  $439.43

ETH/USD has one resistance and support level at $446 and $444, respectively. The former has the Previous Week high and one-day Pivot Point resistance-one. The one-month Pivot Point resistance-two highlights the $444-support level.

Ripple

  • Open: $0.3046
  • Current Price: $0.3238

XRP/USD has two strong support levels at $0.2950 and $0.2855. The former has the one-day Previous Low and one-week Fibonacci 38.2% retracement level. Finally, the $0.2855-level is highlighted by the daily Pivot Point support-three and one-week Fibonacci 61.8% retracement level.
 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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