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

Top 3 coins daily confluence detector

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Bitcoin

  • Open: $11,758.76 
  • Current Price: $11,844.20

BTC/USD lacks healthy support on the downside. On the upside, it has two strong resistance levels at $11,900 and $12,300. The former is highlighted by the one-week Fibonacci 23.6% retracement level. Up next, the $12,300 level has the monthly Pivot Point one resistance-one.

Ethereum

  • Open: $407.60
  • Current Price: $416.60

ETH/USD lacks strong resistance levels on the upside. On the downside, it has one healthy support at $416, which has the one-week Fibonacci 38.2% retracement level.

Ripple

  • Open: $0.2899
  • Current Price: $0.2922

XRP/USD has two strong resistance levels on the upside at $0.2985 and $0.32. The former is highlighted by the one-day Fibonacci 61.8% retracement level. Up next, the $0.32-level has the monthly Pivot Point-one resistance-two, among others. 

Finally, we have one healthy support at $0.2925, which has the one-day Fibonacci 38.2% 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.

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