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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.

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