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Top 3 Coins Bitcoin, Ethereum and Ripple Price Prediction: Damage control begins after Friday’s bloodbath

Top 3 coins confluence detector

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Bitcoin

  • Open: $6,873.74
  • Current Price: $6,900.87

BTC/USD has a lack of healthy support levels on the downside. On the upside, there are two strong resistance levels at $7,000 and $7,200. The former has the one-week Fibonacci 61.8% retracement level, one-day SMA 10 and 15-min SMA 100. In comparison, the $7,200-level has the one-week Fibonacci 61.8% retracement level, one-day Pivot Point resistance-one and 4-hour Bollinger Band middle curve. 

Ethereum

  • Open: $158.10
  • Current Price: $159.60 

ETH/USD faces two strong resistance levels at $160 and $168. $160 has the one-hour Previous High,15-min and one-hour Bollinger Band middle curves, one-hour SMA 5 and 15-min SMA 10. $168 has the one-week Fibonacci 23.6% retracement level, one-da Pivot Point resistance-one, 0ne-day SMA 5 and one-hour SMA 100.

Ripple

  • Open: $0.1878 
  • Current Price: $0.1892

XRP/USD has no resistance levels of note on the upside. However, the price is supported by a strong level at $0.176, which has the one-week Pivot Point support-one, Previous Year Low and 4-hour SMA 200.
 

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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