|

Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: BTC/USD and XRP/USD lack healthy support – Confluence Detector

  • BTC/USD and XRP/USD have no healthy support levels.
  • Both BTC/USD and ETH/USD have two strong resistance levels, each. 

Top 3 coins daily confluence detector

fxsoriginal

Bitcoin

  • Open: $9,376.86
  • Current Price: $9,307.30

BTC/USD lacks healthy support levels, while it has two strong resistance levels at $9,375 and $9,685. $9,375 has the 15-min Bollinger Band upper curve, one-hour Bollinger Band middle curve, one-day 23.6% Fibonacci retracement level, one-day 38.2% Fibonacci retracement level, 15-min Previous High, one-hour previous High, 4-hour SMA 5, one-hour SMA 10, 4-hour SMA 10, 15-min SMA 50 and 15-min SMA 100.

The $9,685-level has the one-day Bollinger Band middle curve, one-month 23.6%, one-week 61.8% and one-day 161.8% Fibonacci retracement levels.

Ethereum 

  • Open: $231.23
  • Current Price: $229.20

ETH/USD has two strong resistance levels at $231 and $239. $231 has the 15-min Bollinger Band upper curve, one-day 38.2% Fibonacci retracement level, one-month 23.6% retracement level, one-hour SMA 10, 4-hour SMA 10, 15-min SMA 50 and 15-min SMA 100. 

The $239 resistance level has the one-day Pivot Point resistance-two, one-day Fibonacci 161.8% retracement level and 4-hour SMA 100.

On the downside, there is one healthy support at $229.50, which has the 15-min Bollinger Band lower curve, one-hour Bollinger Band lower curve, 4-hour Bollinger Band lower curve, one-day Bollinger Band lower curve, one-day Pivot Point support-one, one-day Previous Low, one-hour Previous Low and 4-hour Previous Low.

Ripple

  • Open: $0.1898
  • Current Price: $0.1874

XRP/USD lacks healthy support on the downside. The price has one strong resistance level at $0.19, which has the one-hour Bollinger Band upper curve, 4-hour SMA 10, one-day, one-week and one-month Fibonacci 23.6% retracement levels.
 

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

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.

Jupiter positions for a trend reversal as network activity picks up

Jupiter is up 6% on Wednesday, crossing above its 200-day EMA at $0.2192. Network data shows a spike in monthly revenue and fees in June to a three-month high.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.