Top Three Coins Price Prediction: Bitcoin, Ethereum and Ripple bulls take control but face key resistance levels on the upside
Top Three Coins Confluence Detector
Bitcoin
BTC/USD rose from $6,406.30 to $6,450 so far this Tuesday. The bulls face no noticeable resistance to $7,000. Following that, they will need to overcome resistance at $7,100 to go past the $7,300–level. The $7,100–level has the one-day and one-month Pivot Points. On the downside, there is healthy support at $6,350, which has the 4-hour Bollinger Band.
Key Levels
Ethereum
ETH/USD rose from $132.48 to $132.32 this Tuesday. Quite like BTC/USD, ETH/USD also has one healthy support and resistance level. The $133.50 resistance level has the one-hour and 4-hour Previous Low, SMA 5, SMA 10, SMA 50, SMA 100 and one-day Fibonacci 23.6% retracement level. On the downside, the $132 support level has the one-day Bollinger Band, one-day Fibonacci 38.2% retracement level and 4-hour Bollinger Band.
Key Levels
Ripple
XRP/USD has gone up from $0.1715 to $0.1723 but faces significant resistance levels up ahead at $0.1765-$0.177, $0.189 and $0.1925. The $0.1765-$0.177 stack has the 4-hour and one-day Previous Lows, one-hour Bollinger Band and Previous Year low. $0.189 has the Previous Week high and $0.1925 has the one-day Pivot Point resistance-three and one-day Bollinger Band. On the downside, healthy support lies at $0.1720, which has the SMA 50, one-hour Bollinger Band and one-week Fibonacci 38.2% retracement level.
Key Levels
Author
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.
