|

Top 3 Price Prediction Bitcoin, Ethereum and Ripple: BTC/USD and ETH/USD lack healthy support levels – Confluence Detector

Top 3 coins daily confluence detector

fxsoriginal

Bitcoin

  • Open: $9,239.79
  • Current Price: $9,171.55

BTC/USD lacks healthy support levels on the downside. On the upside, the bulls face an immediate resistance stack from $9,200-$9,250, which has the 15-min Previous Low, one-hour Previous Low, one-hour Previous High, 4-hour Previous High, one-week Fibonacci 38.2% retracement level, 15-min Bollinger Band upper curve, one-hour Bollinger Band middle curve, 15-min SMA 5, one-hour SMA 5, 4-hour SMA 5, 15-min SMA 10, 4-hour SMA 10, one-hour SMA 50, 15-min SMA 100 and 15-min SMA 200.

Another strong resistance level lies at $9,400, which has the 4-hour Bollinger Band middle curve, one-week 61.8% and one-month 38.2% Fibonacci retracement levels.

Ethereum

  • Open: $232.41
  • Current Price: $230.25

ETH/USD lacks healthy support levels on the downside. On the upside, ETH/USD has strong resistance at $232. This level has the 15-min Previous High, one-hour Previous HIgh, 15-min Bollinger Band upper curve, one-hour Bollinger Band middle curve, one-month Fibonacci 23.6% retracement level, one-week 61.8% Fibonacci retracement level, 15-min SMA 5 and 15-min SMA 100.

Ripple

  • Open: $0.1815
  • Current Price: $0.1832

XRP/USD has one strong resistance and support level at $0.191 and $0.1795, respectively. The former has the one-month Fibonacci 23.6% retracement level, one-day Pivot Point resistance-three and 4-hour SMA 100. The $0.1795 support level has the 4-hor Bollinger Band lower curve, Previous Month low and one-month Pivot Point support-one.
 

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.