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Strong resistance levels hold the price down – Confluence Detector – The Future Coin
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Home Ethereum News

Strong resistance levels hold the price down – Confluence Detector

by The Future Coin
June 12, 2020
in Ethereum News
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Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple
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Top 3 coins daily confluence detector’

fxsoriginal

Bitcoin

  • Open: $9,893.60
  • Current Price: $9,277

BTC/USD, like with both ETH/USD and XRP/USD, lacks any healthy support levels of note. On the upside, there are two strong resistance levels at $9,580 and $9,800.

$9,580 has the 4-hour Previous High, one-day Pivot Point support two, one-week Fibonacci 23.6% retracement level and 4-hour SMA 100. $9,800 has the one-week Fibonacci 38.2% retracement level, 4-hour Bollinger Band middle curve, 4-hour SMA 10, one-hour SMA 50, one-hour SMA 100 and 15-min SMA 200.  

Ethereum

  • Open: $248
  • Current Price: $231.25

ETH/USD bulls face still resistance at $248, which has the Previous Month high and one-day Fibonacci 38.2% retracement level. 

Ripple

  • Open: $0.2029 
  • Current Price: $0.1883

XRP/USD’s $0.205 support level has the one-day Previous High, one-week Fibonacci 38.2% retracement level, one-day SMA 10 and one-day SMA 50.
 

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