Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Next bullish targets after BTC/USD leapfrogs $12,000 as Facebook's Libra makes waves – Confluence Detector


  • Cryptocurrencies seem to have ended their consolidation phase and enjoy another surge.
  • The incessant talk about Libra and the renewed interest in cryptos is pushing prices higher.
  • Here are the next levels to watch according to the Confluence Detector.

A week has passed since Facebook announced its cryptocurrency project – but the social media behemoth just cannot stay out of the news – in the crypto-sphere and in the broader public.

The incessant chatter helps bring Bitcoin and to a lesser extent Ethereum and Ripple to the spotlight – and to investors' minds. Digital coins are seeing higher inflows – and this also draws more attention and additional money flowing in.

Facebook – which has been under scrutiny for years due to privacy concerns – may bring much needed regulation to the world of cryptos and perhaps help bring about a Bitcoin Exchange Traded Fund (ETF) which may draw mainstream investors into the digital coin.

How far can BTC, ETH, and XRP go? In the short term, a lot depends on the technicals. 

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

Bitcoin Ethereum Ripple June 26 2019 technical confluence analysis

BTC/USD eyes $13,829

Bitcoin has broken above the round number of $12,000 and enjoys some support at $12,170 which is the convergence of the Pivot Point one-week Resistance 3 and the Bollinger Band 15min-Upper. 

Substantial support awaits at $11,538 where we see the confluence of the Fibonacci 38.2% one-day, the BB 1d-Upper, and the BB 1h-Middle.

BTC/USD has its eyes on $12,867 which is where the Pivot Point one-day Resistance 3 awaits the granddaddy of cryptocurrencies. 

The next upside target is $13,829 which is the Pivot Point one-month Resistance 3.

ETH/USD targets  $368

Ethereum has been on the rise as well and has left $300 behind. It is now eyeing $345 where the Pivot Point one-week R3 meets the price. 

Further above, it targets $368 which is where we find the Pivot Point one-month Resistance 3.

ETH/USD has some support at $320 which is a cluster of lines including the BB 1d-Upper, the Simple Moving Average 5-1h, the SMA 10-15m, and the PP 1d-R1.

The next support line is $313 where we find the convergence of the SMA 100-15m, the Fibonacci 38.2% one-day, the SMA 10-4h, the BB 1h-Middle, and the SMA 50-15m.

Vitalik Buterin's brainchild has a last-resort cushion at $291 where we find a juncture including the previous monthly high, the Fibonacci 23.6% one-week, and the SMA 10-1d. 

XRP/USD eyes $0.5250

Ripple has overcome tough resistance, now turned support at $0.4700 which is a minefield of lines including the SMA 5-4h, the BB 15min-Middle, the Fibonacci 61.8% one-day, the PP 1w-R1, the SMA 5-1h, and the BB 4h-Middle. 

Further support awaits at $0.4500, where the Fibonacci 23.6% one-week and the SMA 10-1d converge.

XRP/USD faces resistance at $0.5125 which is the where the PP 1m-R1 meets the price.

The upside target is $0.5250 where another Pivot Point awaits the price – the one-week Resistance 3.

See all the cryptocurrency technical levels.


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