Top 3 Coins Bitcoin, Ethereum and Ripple Price Prediction: BTC/USD faces no strong resistance levels, while ETH/USD and XRP/USD face one each – Confluence Detector
Top 3 coins daily confluence detector
Bitcoin
- Open: $7,510.78
- Current Price: $7,466.48
BTC/USD has a lack of strong resistance levels on the upside, while on the downside, healthy support lies at $7,050. This support level sees a confluence of the one-day Previous Low, one-day Bollinger Band middle curve, one-week Fibonacci 23.6% retracement level, one-day SMA 10 and 4-hour SMA 100.
Ethereum
- Open: $187.73
- Current Price: $186.42
ETH/USD has a strong resistance level at $191.25, which has the one-day Fibonacci 23.6% retracement level and one-month Fibonacci 61.8% retracement level. On the downside, there are two healthy support levels at $170 and $166.25. The former has the 4-hour Bollinger Band lower curve, one-week Fibonacci 23.6% retracement level and one-day Fibonacci 161.8% retracement level. On the other hand, the $166.25 level has the one-week Fibonacci 38.2% retracement level.
Ripple
- Open: $0.1935
- Current Price: $0.1922
XRP/USD has strong resistance at $0.1975, which has the one-day Fibonacci 23.6% retracement level and Previous Week high. On the downside, the healthy $0.1775 support level has the one-day Fibonacci 161.8% retracement level and one-week Pivot Point support-one.
Author
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.
