Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: BTC/USD drops below $11,800 – Confluence Detector
Top 3 coins daily confluence detector
Bitcoin
- Open: $11,955.90
- Current Price: $11,773
BTC/USD has one strong resistance and support level, each at $12,250 and $11,500. The former has the weekly and monthly Pivot Point one resistance-one. The $11,500 support level has the Previous Month high.
Ethereum
- Open: $422.28
- Current Price: $409.15
ETH/USD has only one level of note, which is the resistance $435, which mainly has the one-month Pivot Point resistance-two.
Ripple
- Open: $0.3027
- Current Price: $0.2897
XRP/USD has a strong resistance stack between $0.2925-$0.2945, which has the monthly Pivot Point one resistance-one and one-hour Bollinger Band middle curve. Up next, the $0.2995 level has the one-week Fibonacci 23.6% retracement level.
On the downside, we have healthy support at $0.2825, which has the one-week Fibonacci 61.8% retracement level.
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.
