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Top 3 Price Prediction Bitcoin, Ethereum, Ripple For the Upcoming Week

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Bitcoin Price Prediction

The value of peer-to-peer digital money has decreased by 15% since September. In the first week of September, there was a buildup of bears and bulls at $20,000, which ultimately triggered major concern in the big picture.

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The bears and the bulls have been in a competitive battle since the beginning of the month. A sell indication can be detected when the red candlestick dominates the green candle.

The price has fallen from the Fibonacci level of 1% to the resistance at 38.2% between $20,000 and $21,000 due to the sellers’ dominance in the present week. The bitcoin price is currently $19847.474, and it is beginning to trend downward as it gets closer to the 23.6% support level.

The chart makes it abundantly clear that sellers are predominating over purchasers, signaling a sell signal. The bears overcame the 50%, 61.8 percent, and 70% Fib levels, each time with an increase in bearish volume. 

We will see a downturn in the price of bitcoin if the breakout happens at the support level, and a spike in the price if it happens at the resistance level.

Ethereum Price Prediction

Ethereum’s price is currently $1,432.25 and has dropped by 0.81% in the previous hour, 2.86% in the last day, and 17.52% in the previous week. The price of Ethereum has been rising steadily since July, and the chart depicts violent competition between the bulls and the bears.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple For the Upcoming Week Blockchain PlatoBlockchain Data Intelligence | Vertical Search AI
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Prices can be seen surging and dropping, and following a heated competition, it was discovered that the price had fallen to the $1427.84 support level. It is expected to soar toward the trend reversal line, which is $1749.35. At this point, a minor rejection is anticipated, but buyers will drive the price upward, triggering a rise.

XRP Price Prediction

The price of XRP is currently $0.3484 and has increased by 6.92% over the past 24 hours while dropping by 0.18% and 1.75% over the previous hour and week, respectively.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple For the Upcoming Week Blockchain PlatoBlockchain Data Intelligence | Vertical Search AI

The price of XRP has fluctuated greatly throughout the month of September. Prices are shown soaring toward the Fibonacci level of 23.6%, then dropping sharply below $0.32. Prices surge once more but are briefly rejected. However, due to intense buying pressure, a breakout occurs at the support level of 23.6%.

Prices accumulate between the support and resistance levels of 38.2% and 23.6% for a considerable amount of time. The price goes downtrend and returns to the support level after the breakout at the 23.6% support level.

The downtrend continues, but the buyers’ pressure causes the price to surge, break through the 23.6% support level, and rise above the present price.

The closest targets of a rally, if the XRP price can clear the 38.2% Fib level at $0.34, are $0.37 and $0.39. This action could cause the price to increase by up to 17%.

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  • Source: https://coinpedia.org/altcoin/price-prediction-bitcoin-ethereum-ripple/

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