Top 3 Coins Price Prediction: BTC/USD and ETH/USD face lack of resistance levels – Confluence Detector
Top 3 coins daily confluence detector
Bitcoin
- Open: $9,806.63
- Current Price: $9,872.50
BTC/USD has a lack of strong resistance levels on the upside, giving bulls a clear path to $11,000. On the downside, there are three healthy support levels at $9,700, $9,500 ad $8,750.
$9,700 has the one-hour SMA 50, 15-min SMA 200, one-week Pivot Point resistance-one and one-day Fibonacci 38.2% retracement level, while $9,500 has the Previous week and month highs. Finally, $8,750 has the one-week 38.2% and one-month 23.6 Fibonacci retracement levels.
Ethereum
- Open: $211.53
- Current Price: $213.20
ETH/USD has a lack of strong resistance, giving the buyers a clear path to $240. Price has healthy support at $191, which has the one-day SMA 100, one-month Fibonacci 38.2% retracement level, one-day Pivot Point support-two and Previous week low.
Ripple
- Open: $0.2187
- Current Price: $0.219
The $0.2375 resistance level has the Previous week and month high. On the downside, the lone support level is at $0.2055, which has the one-day Pivot Point support-two and the one-day Bollinger Band middle curve.
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.
