|

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Bullish levels to watch after BTC/USD pierces $10,000 in a weekend surge – Confluence Detector

  • Cryptocurrencies have surged with Bitcoin leading the charge above $10,000.
  • Facebook's Libra launch and a bullish sentiment are behind the move.
  • Here are the next levels to watch according to the Confluence Detector.

The granddaddy of cryptocurrencies was hovering just below $10,000 for some 24 hours. And when markets closed, it finally shot higher and reached a peak of $10,468 at the time of writing – the highest since March 2018.

One of the upward drivers to the bullish move came from Facebook. The social media giant has announced it is launching its cryptocurrency project called Libra under a Geneva-based foundation name Calibra. Implementation is due only in 2020 but FB's considerable move into the blockchain world has stirred markets all over the world.

Cryptocurrency traders may be asking: what's next? What are the levels to watch?

This is what the Crypto Confluence Detector shows in its latest update:

Bitcoin Ethereum Ripple June 22 2019 technical confluence analysis

BTC/USD eyes $11,508

Bitcoin has its next target at $10,750 – the convergence of the Pivot Point one-day Resistance 2 and the PP 1w-R1.

It then eyes $11,184 where we see another pair of pivot points: the 1d-R3, and the 1w-R2

BTC/USD's next target is $11,508 where the PP 1m-R2 awaits.

IT is well supported already above $10K. At $10,260, Bitcon enjoys the support of the previous weekly and daily highs. 

And at $10,050, the king of cryptos enjoys a cushion including the Pivot Point one-month R1, the BB 15min-Middle, and the Simple Moving Average 5-1h.

ETH/USD targets  $344

Ethereum has also been on the rise. Vitalik Buterin's brainchild used to lead bullish runs but is now the laggard. Nevertheless, it seems to catch up with its break above $300. 

ETH/USD eyes $318 as the first target, followed by $322 and with $344 in sight.

Solid support awaits at $288 which is the confluence of the Fibonacci 38.2% one-day, the Bollinger Band 1d-Upper, the Simple Moving Average 100-15m, the previous monthly high, and the Fibonacci 23.6% one-week.

XRP/USD well-supported

Ripple has solid support at $0.45 it was battling to conquer. It is a dense cluster consisting of the Fibonacci 23.6% one-week, the previous daily high, and the BB 15m-upper.

Looking up, its clear upside target is $0.4750 where the PP 1d-R3 and the previous monthly high converge. 

XRP/USD's next line to watch is $0.4950 which is the PP 1w-R2.

See all the cryptocurrency technical levels.

Author

Yohay Elam

Yohay Elam

FXStreet

Yohay is in Forex since 2008 when he founded Forex Crunch, a blog crafted in his free time that turned into a fully-fledged currency website later sold to Finixio.

More from Yohay Elam
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

XRP rebounds amid ETF inflows and declining retail demand demand

XRP rebounds as bulls target a short-term breakout above $2.00 on Friday. XRP ETFs record the highest inflow since December 8, signaling growing institutional appetite.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

World Liberty Financial recovers as community votes to unlock treasury funds for USD1 adoption

World Liberty Financial recovers over 3% on Friday, holding ground at a key support trendline. Community begins voting to unlock roughly 5% WLFI treasury funds to incentivize USD1 stablecoin adoption.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid bearish market conditions

Bitcoin (BTC) is edging higher, trading above $88,000 at the time of writing on Monday. Altcoins, including Ethereum (ETH) and Ripple (XRP), are following in BTC’s footsteps, experiencing relief rebounds following a volatile week.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.