Top 3 price prediction Bitcoin, Ripple, Ethereum: Die-hard battle between bulls or bears

  • Bitcoin moves to the limit of the bear market.
  • Ethereum remains strong against the King and provides the opportunity of the moment.
  • XRP exposes its extreme weakness but has a bullish point in the short term.


At present, the control of the story in the media is a potent weapon and if it manages to reach the right objectives – it can be lethal.

It is also true that the speed at which things happen – and their spread across the globe – boost the swings of opinion in front of the headlines.

These headlines have turned to the bloodiest red in the last few hours. Bitcoin's technical situation is critical, and at the time of writing these words, BTC/USD plays with the razor's edge in a very reckless way.

It is impossible to assure that disaster will be avoided because Bitcoin is capable of the unexpected but –  traditionally in the world of trading – bearish headlines are written over a reality usually less pessimistic.

However, there is still a bullish point in the market – the ETH/BTC cross. The bullish trend that began on September 7 continues to live – and after two days of falls – it rises again and recaptures the 0.21 level.

The excellent performance of Ethereum against Bitcoin is a perfect opportunity to accumulate satoshis even on days when nothing seems to work for long positions. 


ETH/BTC Daily Chart

The ETH/BTC cross is currently trading at 0.02144 and is escaping the attraction of the SMA100 where it has found support. A close above 0.0217 would confirm the resumption of the bullish trend. Exceeding 0.0222 would mean overcoming the major support zone and a quality bullish flight.

Above the current price, the first resistance level is at 0.023, then the second at 0.025 and the third one at 0.026. At 0.030 we find the ultra long term bearish trend line that has kept the pair down for years — an obstacle as imposing and challenging to overcome as big as the reward at stake.

Below the current price, the first support level is at 0.021, then the second at 0.020 and the third one at 0.0186.


The MACD on the daily chart remains crossed bullish but with little separation between the moving lines and with a slight uptrend. The profile is unfavorable in the short term but could change rapidly if ETH/BTC moves towards 0.025.

The DMI on the daily chart shows how bulls found support at the ADX line, and now they are back to gain distance and boost the bullish momentum. The bears, on the other hand, withdraw quickly. The sellers remain above level 20 of the indicator – a fact that indicates that they are still in the game and have not surrendered.


BTC/USD Daily Chart

The BTC/USD is traded at $7,943 and plays recklessly with the support of the long-term bearish channel ceiling. 
You can't rule out a raid into the channel, which can trigger a lot of stops and panic sellers. The situation is not comfortable on the bullish side, with the SMA200 at $8,500 as a substantial barrier to any attempt at bullish escape.

Above the current price, the first resistance level is at $8,000, then the second at $8,200 and the third one at $8,500. Above the third resistance level, the price structure would improve a lot and could move quickly towards the $9,500 price level.

Below the current price, the first support level is at $7,790, then the second $7,650 and the third one at $7,400. At the second support level, the BTC/USD pair would already be within the bearish channel, and the situation in the medium term could get dramatically worse.



ETH/USD Daily Chart

ETH/USD is currently trading at the price level of $170.2 and fails to maintain support at $170. The main moving averages are starting at $190 and can serve as a benchmark for possible short term moves.

Above the current price, the first resistance level is at $170, then the second at $180 and the third one at $190.

Below the current price, the first support level is at $160, then the second at $155 and the third one at $150.


The MACD on the daily chart shows a bearish cross that gradually penetrates the bearish zone of the indicator. The profile is technically weak and can worsen quickly even with some bullish options.

The DMI on the daily chart shows how the bears seem to lose the support of the ADX line, which would be a bullish signal. The bulls worsen their situation, although less than one might expect from the price movement.

XRP/USD Daily Chart

XRP/USD is currently trading at the $0.252 price level and manages to stay above the critical $0.235 support level. 

The technical situation of the XRP continues to be very fragile. The continuous cycle of significant upside as a prelude to even more substantial declines has never worked well on the charts.

Above the current price, the first resistance level is at $0.25, then the second at $0.257 and the third one at $0.267.

Below the current price, the first support level is at $0.233, then the second at $0.20 and the third one at $0.19.


The MACD on the daily chart enters the negative side of the indicator with a moderate bearish profile. The statistics support the continuation of the bearish trend, but I consider it a small option towards a possible bullish turn.

The DMI on the daily chart shows bears losing strength after a failed attempt to breach the ADX line. Luckily for the sellers, the bulls do not take advantage of the moment to increase their strength and continue to lose power little by little.

Get 24/7 Crypto updates in our social media channels: Give us a follow at @FXSCrypto and our FXStreet Crypto Trading Telegram channel

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Ethereum shifts away from ETH 2.0

Ethereum will be moving away from ETH 1.0 and ETH 2.0 as the protocol undergoes significant changes. Core developers on the network are referring to the stages on the blockchain as the “execution layer” and “consensus layer.”

More Ethereum News

Dogecoin price primed for an explosive move to $0.25

A brief technical and on-chain analysis on Dogecoin price. FXStreet's analysts evaluate where DOGE could be heading next.

More Dogecoin News

Solana beats all other blockchains despite degraded performance, says FTX Sam Bankman-Fried

The Solana network suffered an outage several times over the past two weeks. Users complained about failed transfers, and the Ethereum-killer revealed that DeFi investors drove a spike in complex transactions. 

More Solana News CEO Kris Marszalek predicts higher institutional investment in crypto CEO believes that institutional investment in crypto could continue rising in 2022. Analysts have noted that the native token of the exchange did not get negatively impacted after the recent security incident. 

More News

Bitcoin: BTC may capitulate to $30,000

Bitcoin price has dropped considerably over the last three weeks. The recent downswing has made things worse for BTC and hints that a steep correction could be on its way.

Read full analysis