Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: All three coins face strong resistance levels – Confluence Detector
Top 3 coins daily confluence detector
Bitcoin
- Open: $11,899
- Current Price: $11,315.60
BTC/USD has two strong resistance levels upfront at $12,300 and $11,600. The former is highlighted by the one-week Pivot Point resistance-one and one-month Pivot Point resistance-one. The latter has the one-day Previous Low and one-week Fibonacci 61.8% retracement level, among others.
On the downside, we have two healthy support levels at $10,600 and $9,950. The former has the Previous Week Low, while the latter has the one-week Pivot Point support-two and one-month Fibonacci 61.8% retracement level.
Ethereum
- Open: $395.84
- Current Price: $374.46
ETH/USD has a strong resistance stack between $392-$395 which is highlighted by the 4-hour Bollinger Band middle curve, one-month Pivot Point resistance-one and one-day Fibonacci 61.8% retracement level.
The $364 support level has the Previous Year High, while the $352-level has the one-day Bollinger Band middle curve and Previous Month high.
Ripple
- Open: $0.2947
- Current Price: $0.2794
XRP/USD lacks healthy support levels on the downside. On the upside, we have one strong resistance level at $0.29, which has the one-month Pivot Point resistance-one and one-day Fibonacci 61.8% retracement level.
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.
