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Top 3 Coins Bitcoin, Ethereum and Ripple Price Prediction: BTC/USD faces immediate resistance – Confluence Detector

Top 3 coins daily confluence detector

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Bitcoin

  • Open: $11,327.13 
  • Current Price: $11,522

BTC/USD lacks healthy support levels on the downside. The bulls face immediate resistance at $11,550. This level has the Previous Month high nad Previous Week low.

Ethereum

  • Open: $383.27
  • Current Price: $394.28 

ETH/USD lacks strong resistance levels on the upside.  The price is well-supported at $392 and $364. The former has the 4-hour Previous Low, while the latter has the Previous Year high.

Ripple

  • Open: $0.2645
  • Current Price: $0.2716

XRP/USD has strong resistance levels at $0.28 and $0.29-$0.292. The former has the Previous Week low and daily Pivot Point one resistance-one. The $0.29-$0.292 stack has the one-week Fibonacci 23.6% retracement level, monthly Pivot Point one resistance-one and daily Pivot Point one resistance-two.

On the downside, we have healthy support at $0.2625, which has the Previous Month high and one-day Fibonacci 23.6% 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.

More from Rajarshi Mitra
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