|

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

XRP extends breakout as ETF inflows, futures demand drive momentum

Ripple rises on Friday to trade above $1.40 as bulls aim for a continuation of the rally above $1.50. The remittance token is up by more than 12% on the day and over 40% since Monday, reinforcing the bullish outlook.

Bitcoin Weekly Forecast: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.

Chainlink hits seven-month highs amid strong DeFi, institutional demand

Chainlink is up roughly 8% on Friday, pushing the price up over 20% so far this week into double digits. DeFi ecosystem records daily DEX volume of over $9 billion for three consecutive days as TVL rises to $84.76 billion.

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s surge above $77,000. Altcoins, including Ethereum and Ripple, mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.