Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: All three lack healthy support – Confluence Detector
Prices of cryptocurrencies continue sliding gradually, with no good news in sight. There are two main pieces of negative press. Technical levels are not looking great, but each cryptocurrency has its own situation .Cryptocurrencies are on the back foot, losing some ground in the wake of the new week. These are not plunges, but they are certainly discouraging and worse than the mini flash crash seen exactly one week ago.
Current Price: $10,478
BTC/USD needs solid help in the drawback. On the upside, the main obstruction it faces is at $10,600, which has the one-day Fibonacci 38.2% retracement level and the Previous Month low. From that point onward, we have the $11,450-level, which has the one-week Fibonacci 38.2% retracement level. At long last, the $11,600 obstruction level has the one-week Fibonacci 61.8% retracement level.
Current Price: $388
ETH/USD likewise needs sound help on the drawback. Also, it just has one opposition level of note. That level is at $403, which has the Fibonacci one-day 38.2%, one-month 38.2% and one-week 23.6% retracement levels.
XRP/USD has quick obstruction at $0.256, which has the Previous Week low and week after week Pivot Point one help one.