Bitcoin (BTC) and Ripple (XRP) prices are poised for short-to-midterm corrections, while Ethereum (ETH) hints at a potential rally.
Bitcoin price is retesting its weekly resistance level of $67,147. Ethereum price finds support around $3,321, the price imbalance between $3,146 and $3,498. Ripple price faces rejection due to the key resistance level of $0.499. Bitcoin and Ripple prices are poised for short-to-midterm corrections, while Ethereum hints at a potential rally.
BTC/USDT 1-day chart However, if Bitcoin price breaks and closes below its daily support level of $60,800, the bullish thesis would be invalidated, leading to a 4% drop to its weekly support level of $58,375. Ethereum price poised for a rally Ethereum price bounced 7% from a low of $3,362 on Friday to its current trading at $3,614. The $3,362 level roughly hovers around the 61.8% Fibonacci retracement level and the price imbalance midpoint between $3,146 and $3,498.
Ethereum Ripple Cryptocurrencies Technical Analysis
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin braces for potential short-term correctionBitcoin (BTC) price may initially dip before experiencing a rally, and Ethereum (ETH) and Ripple (XRP) are likely to follow suit, dipping before their potential rallies.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin could see high volatility due to US CPIBitcoin (BTC) price could undergo an initial dip before rallying, with the release of US CPI data today.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto marketBitcoin (BTC) price consolidates in a symmetrical triangle pattern, showing directional bias.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC likely to take markets on a rollercoasterBitcoin (BTC) price is trading with a bullish bias following a successful breakout and retest of a symmetrical triangle pattern.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Facing correction after ETFs led rallyBitcoin (BTC) price continues to consolidate in a range that offers a buying opportunity, while other major cryptocurrencies, such as Ethereum (ETH) and Ripple (XRP), look set for a potential price correction.
Read more »
Crucial Negative Ethereum ETF Statement Made by Samson Mow, Here’s His MessageBitcoin maximalist Samson Mow says Bitcoin has no use for Ethereum ETFs
Read more »