Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: BTC/USD readies $12,000 charge – Confluence Detector


Top 3 coins daily confluence detector

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Bitcoin

  • Open: $11,119.28 
  • Current Price: $11,377 

BTC/USD has strong resistance at $11,450, which has the one-month Fibonacci 161.8% retracement levels, among others. On the downside, there is a healthy support level at $11,100, which has the one-month Pivot Point resistance-two and one-day Fibonacci 38.2% retracement level.

Ethereum

  • Open: $335.26 
  • Current Price: $346.55 

ETH/USD also has one strong resistance and support level at $367 and $324. The former has the Previous Year high. The $324-level has the one-week Pivot Point resistance-two and one-day SMA 5.

Ripple

  • Open: $0.2446
  • Current Price: $0.2552

XRP/USD has no strong resistance levels. On the downside, we have two healthy support levels at $0.2445 and $0.2330. The former has the one-month Fibonacci 161.8% retracement level. Finally, the $0.2330-level has the one-day SMA 5 and one-week Pivot Point resistance-three.
 

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Bitcoin Weekly Forecast: Fasten your seatbelts, next stop is $12,000

Bitcoin has had its best week since mid-2019. The first digital currency gained over 18% in a single week and hit the new highest level of 2020. At the time of writing, BTC/USD is changing hands at $11,358 and the upside momentum is gaining traction as Bitcoin bulls are pushing at the upper line of the weekly Bollinger Band. 

Read the weekly forecast

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