Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: BTC and XRP lack strong resistance – Confluence Detector
Top 3 coins daily confluence detector
Bitcoin
- Current Price: $11,983.50
- Open: $11,655.87
BTC/USD lacks strong resistance levels on the upside. On the downside, there are two healthy support levels at $11,600 and $11,800.
$11,600 has the one-day Previous Low and daily Pivot Point. Finally, the $11,800-level has the one-day Fibonacci 38.2% retracement level, one-day Fibonacci 61.8% retracement level and one-day Bollinger Band middle curve.
Ethereum
- Current Price: $482.35
- Open:$433.88
ETH/USD has a clear path to enter the $500 region. Bulls face resistance at $528, which is highlighted by the monthly Pivot Point one resistance-two.
On the downside, we have two healthy support levels at $482 and $437. The former has the monthly Pivot Point one resistance-one, while the latter has the weekly Pivot Point one resistance-two and daily Fibonacci 23.6% retracement level.
Ripple
- Current Price: $0.2958
- Open: $0.2814
Like BTC/USD, XRP/USD also lacks strong resistance levels on the upside. On the downside, it has healthy support at $0.28, which has the one-month Fibonacci 61.8% retracement level, onde-day Previous Low and daily Pivot Point one 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.
