Top 3 Coins Price Prediction: BTC/USD must overcome resistance to have clear path to $10,000. ETH/USD has an easy ride, XRP/USD faces strong stack
Top 3 coins daily confluence detector
Bitcoin
- Open: $8,823.30
- Current Price: $9,317.95
BTC/USD faces strong resistance at $9,500, which has the Previous Month high and one-week Fibonacci 38.2% retracement level. There are no healthy support on the downside.
Ethereum
- Open: $189.85
- Current Price: $199
ETH/USD bulls face no strong resistance on the upside. On the downside, the $190.10 support level has the 4-hour Bollinger Band middle curve, one-day and one-month 38.2% retracement levels.
Ripple
- Open: $0.197
- Current Price: $0.201
XRP/USD has three strong resistance levels at $0.2065, $0.2107 and $0.221. $0.2065 has the one-day Pivot Point resistance-two and one-day SMA 5. $0.2107 has the one-day SMA 10 and one-month Fibonacci 38.2% retracement level, while $0.22 has the one-week 63.8% and one-month 23.6% retracement levels.
On the downside, there is healthy support at $0.196, which has the one-day and one-month 61.8% Fibonacci retracement levels.
Author
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.
