|

Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: BTC/USD and ETH/USD hampered by strong resistance level – Confluence Detector

Top 3 coins daily confluence detector

fxsoriginal

Bitcoin

  • Open: $9,527.65 
  • Current Price: $9,403.10

BTC/USD lacks any healthy support level of note. On the downside, there are two strong resistance levels at $9,475 and $9,680. $9,475 has the 15-min Previous High, one-hour Previous High, 4-hour Previous High, 15-min Bollinger Band upper curve, one-hour Bollinger Band middle curve, one-week Fibonacci 38.2% retracement level, 4-hour SMA 5, one-day SMA 5, 15-min SMA 50 and 15-min SMA 100.

The $9,680-level has the one-day Pivot Point resistance-one, one-month Fibonacci 23.6% retracement level, one-week Fibonacci 61.8% retracement level and one-day Bollinger Band resistance-one.

Ethereum

  • Open: $235.40
  • Current Price: $231.90

ETH/USD faces a strong resistance stack between $232-$234 and another strong level at $239. On the downside, there is a healthy support level at $231.

The $232-$234 stack has the 15-min Bollinger Band middle curve, 15-min Bollinger Band upper curve, one-week Fibonacci 23.6% retracement level, one-day Fibonacci 38.2% retracement level, one-day Fibonacci 61.8% retracement level, 15-min SMA 5, 4-hour SMA 5, 15-min SMA 10, one-hour SMA 10, 4-hour SMA 10, 15-min SMA 50, one-hour SMA 50, 15-min SMA 100, one-hour SMA 100 and 15-min SMA 200. $239 has the one-day Pivot Point resistance-one and one-day Bollinger Band middle curve.

The $231 support level has the one-week Pivot Point support-one, one-day Fibonacci 161.8% retracement level, Previous week low and 4-hour SMA 200.

Ripple

  • Open: $0.1923
  • Current Price: $0.1922

XRP/USD has one strong resistance and support level at $0.1983 and $0.19, respectively. The $0.1983 resistance level has the one-hour Bollinger Band upper curve, 4-hour Bollinger Band upper curve, one-month Fibonacci 38.2% retracement level and one-day Fibonacci 161.8% retracement level.

The $0.19 support level has the one-day Pivot Point support-one, 4-hour Previous Low, one-day Previous Low, one-week Fibonacci 23.6% retracement level and one-month Fibonacci 23.6% retracement level.
 

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
Share:

Editor's Picks

Has Bitcoin really escaped the macro forces it was built to fight?

Over 17 years ago, Satoshi Nakamoto designed Bitcoin on the back of a global financial crisis as an alternative to the global monetary system outside the control of central banks, governments and traditional intermediaries. This raises a key question: has Bitcoin really become independent of the macroeconomic forces it was built to challenge?

Ethereum activates Glamsterdam on Sepolia testnet: Why the price is falling anyway

Ethereum (ETH) has reached a key milestone in its next major network upgrade. The planned changes aim to improve Ethereum’s Layer 1 capacity and efficiency as network activity grows. The development comes as ETH retreats toward $2,500.

Bitcoin Weekly Forecast: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.

Ripple bulls gather recovery momentum amid returning ETF inflows

Ripple (XRP) trades largely in bearish hands on Friday near $1.40. Although the remittance token has stabilized after a sharp sell-off from weekly highs of $1.53 to lows around $1.32, the path of least resistance remains downward, unless buyers affirm a daily close above the pivotal $1.40 level.

Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.