〽️ Top 3 Price Prediction:
Bitcoin, Ethereum, Ripple
🪙 Bitcoin could move north if RSI crossover is enough to go by:
Bitcoin has breached the $38,008 resistance, hovering at $38,139, with potential for further gains to $38,414 or even $40,000 in a highly bullish scenario. The RSI is showing a positive signal with an impending crossover, historically associated with upward BTC movements. The Awesome Oscillator in positive territory indicates ongoing bullish control. However, caution is advised as intensified selling pressure could lead to a drop below $38,008, testing $35,487, and risking support at $33,912. A breach below $33,912 might invalidate the bullish outlook, hinting at a potential decline towards the $30,000 psychological level.
💠 Ethereum price eyes a 5% climb:
Ethereum's price is targeting a 5% rise to test the $2,141 range high, anticipating a correction afterward. The bullish breaker acts as a support zone, with immediate support at $2,029. Similar to Bitcoin, Ethereum's RSI suggests a potential upward move as it approaches a crossover above the signal line. Conversely, in a bearish scenario, Ethereum may experience a decline, breaking below the $1,935 midline of the order block, possibly transitioning the bullish breaker into a supply zone beneath the $1,864 support.
🔅 Ripple price must hold above $0.5981 for 10% gain to play out:
Ripple (XRP) is coiling up for a 10% move to the supply barrier stretching from $0.6582 to $0.7186, but it all depends on whether the $0.5981 support level holds. To confirm the uptrend, XRP must shatter the midline of the supply zone at $0.6857. In a highly bullish case, the $0.8000 psychological level could be tagged soon.
Should selling pressure prevail for XRP, there's a risk of the price dropping below $0.5981, negating the bullish outlook. Further downward movement could lead Ripple to test the 50-day SMA at $0.5853, potentially extending losses beyond the 200 and 100-day levels.