|

Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: XRP/USD drops below $0.30 – Confluence Detector

Top 3 coins daily confluence detector

fxsoriginal

Bitcoin

  • Open: $11,773
  • Current Price: $11,596.40

BTC/USD lacks strong resistance levels on the upside. On the downside, we have one healthy support at $11,475, which has the Previous Week high, Previous Month high and one-day Pivot Point support-two, among others.

Ethereum

  • Open: $395
  • Current Price: $380.80

ETH/USD has one strong resistance and support level at $393 and $365, respectively. The former is highlighted by the one-month Pivot Point resistance-one and one-day Previous Low, while the latter has the Previous Year high, one-week Pivot Point resistance-one and one-day SMA 10.

Ripple

  • Open: $0.3031
  • Current Price: $0.2948

XRP/USD has dropped below the $0.30-level. There is a lack of strong resistance levels on the upside. On the downside, we have healthy support levels at $0.29 and $0.2625. $0.29 has the one-day Fibonacci 161.8% retracement level and one-month Pivot Point resistance-one, among others. Finally, the $0.2625-level has the Previous Week high and Previous Month high.
 

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

Ripple Price Forecast: XRP recovery dims as demand cools
Ripple (XRP) maintains narrow range trading on Monday, with support at $1.10. The token's upside remains largely constrained, as major moving averages trend downward, aligning with low demand in both the institutional and retail markets.
Crypto Today: Bitcoin, Ethereum, XRP hold key support as US and Iran agree to halt strikes
Bitcoin (BTC) maintains a neutral-to-bullish outlook, trading above $65,000 on Monday. Ethereum (ETH) is approaching the key supply and inflection point $2,000, while Ripple (XRP) hovers slightly above $1.10, underscoring a marginal improvement in the broader cryptocurrency market sentiment.
Shiba Inu Price Forecast: The three factors driving SHIB's mystery rally
Shiba Inu (SHIB) price is down 3% on Monday, reflecting a potential profit-driven pullback after rising over 25% over the last two days. The mystery rally in SHIB has outpaced the minor recovery seen in other meme coins, with data suggesting it is linked to supply burns, the Korean market demand, and ecosystem expansion.
Bitcoin options traders are dropping their hedges going into the Fed meeting
Bitcoin's options market has turned notably less defensive over the past month, unwinding the downside protection traders built up in June just as the Federal Reserve prepares to meet.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.