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Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: BTC/USD lacks healthy support – Confluence Detector

Top 3 coins daily confluence detector

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Bitcoin

  • Open: $11,758.76 
  • Current Price: $11,844.20

BTC/USD lacks healthy support on the downside. On the upside, it has two strong resistance levels at $11,900 and $12,300. The former is highlighted by the one-week Fibonacci 23.6% retracement level. Up next, the $12,300 level has the monthly Pivot Point one resistance-one.

Ethereum

  • Open: $407.60
  • Current Price: $416.60

ETH/USD lacks strong resistance levels on the upside. On the downside, it has one healthy support at $416, which has the one-week Fibonacci 38.2% retracement level.

Ripple

  • Open: $0.2899
  • Current Price: $0.2922

XRP/USD has two strong resistance levels on the upside at $0.2985 and $0.32. The former is highlighted by the one-day Fibonacci 61.8% retracement level. Up next, the $0.32-level has the monthly Pivot Point-one resistance-two, among others. 

Finally, we have one healthy support at $0.2925, which has the one-day Fibonacci 38.2% retracement level.
 

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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