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Top 3 Price Predictions Bitcoin, Ethereum and Ripple: ETH/USD faces immediate resistance stack – Confluence Detector

Top 3 daily confluence detector

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Bitcoin

  • Open: $11,713.90
  • Current Price: $11,655.63

BTC/USD has one strong resistance level on the upside at $11,735, which has the one-day Previous High and one-day Bollinger Band middle curve. On the downside, we have one healthy support stack between $11,500-$11,625. This stack is highlighted by the one-day SMA 5, daily Pivot Point-one support-one, one-day and one-week Fibonacci. 61.8% retracement levels

Ethereum

  • Open: $428.92
  • Current Price: $433.50

ETH/USD faces an immediate resistance stack between $434-$437, which has the monthly Pivot Point-one resistance-two. On the downside, ETH/USD has a support level at $432, which has the one-day Previous High. Following that, we have a support stack between $398-$400 with the one-day Previous Low, one-day SMA 10 and one-week Fibonacci retracement level.

Ripple

  • Open: $0.2831
  • Current Price: $0.281

XRP/USD has a lack of strong resistance levels on the upside. On the downside, we have healthy support at $0.278, which has the one-day and one-week Fibonacci 61.8% retracement levels.
 

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
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