Rajarshi Mitra
Independent Analyst
Top 3 coins daily confluence detector
Bitcoin
- Open: $9,236.20
- Current: $9,244.15
BTC/USD lacks healthy support levels on the downside. On the upside, immediate, strong resistance lies at $9,300, which has the 15-min Previous Low, one-hour Previous Low, 4-hour Previous High, one-day 23.6% Fibonacci retracement level, 38.2% Fibonacci retracement level, 15-min Bollinger Band middle, one-hour Bollinger Band upper curve, 4-hour Bollinger Band middle curve, 15-min SMA 5, one-hour SMA 5, one-hour SMA 10, 4-hour SMA 10, one-day SMA 10, one-hour SMA 50, 4-hour SMA 50, 15-min SMA 200 and one-hour SMA 200.
Ethereum
- Open: $239.50
- Current: $240.64
ETH/USD, like BTC/USD, lacks healthy support levels on the downside. The bulls face resistance at $240.50, which has the 4-hour Previous Low, 15-min Bollinger Band lower curve, one-hour Bollinger Band middle curve, 4-hour SMA 5, one-day SMA 10, 15-min SMA 50, 15-min SMA 100, one-day 23.6%, one-week 38.2% and one-month 61.8% Fibonacci retracement levels.
Ripple
- Open: $0.1986
- Current: $0.1984
XRP/USD has strong resistance at $0.199, which has the 4-hour Previous Low, one-day 38.2% Fibonacci retracement level, 15-min Bollinger Band lower curve, one-hour Bollinger Band middle curve, 4-hour SMA 5 and one-hour SMA 200. On the downside, good support lies at $0.1875, with the one-month Fibonacci 38.2% retracement level.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
TRON gains 10% in 2024, supply of stablecoins reaches over $50 billion in Q1
TRON, a blockchain-based digital platform, has seen positive growth in the first quarter of 2024, as seen in a Messari report. TRON noted gains across several metrics like market capitalization, revenue and total value locked.
XRP hovers near $0.50 as Ripple CTO addresses concerns related to stablecoin launch
XRP is hovering near $0.53 on Friday, spending nearly all week below $0.55. Ripple CTO David Schwartz addressed concerns on stablecoin and XRP utility on Thursday.
Terraform Labs set to restrict access for users in the US after recent ruling in SEC lawsuit
Blockchain company Terraform Labs said Thursday that it will restrict access to some of its products and services for US-based users as it expects to receive a court order soon in light of its legal battle against the US Securities and Exchange Commission (SEC).
Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors.
Bitcoin: BTC’s next breakout could propel it to $80,000 Premium
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors.