Bitcoin (BTC) has been consolidated between $ 94,000 and $ 100,000 for almost two weeks. Ethereum (ETH) price in the footsteps of BTC, while watching around $ 2,680, Ripple (XRP) After rising by 14 %last week, it strengthened on Monday and expanded its earnings. Crypto analyst Manish Chhetri. These 3 leading crypto money evaluates the technical picture of money.
BTC Price Estimation: It is consolidated before a big move!
The price of Bitcoin went below $ 100,000 support on February 4, and since then it has been consolidated between $ 94,000 and $ 100,000. During the article on Monday, BTC was around 96,400 dollars. If the BTC breaks and closes the lower limit of the consolidated range of $ 94,000, it may prolong the decline to test the psychologically important $ 90,000 level.
The Relative Power Index (RSI) in the daily graph shows its value 44 consolidated after being rejected at 50 neutral level last week. This points to the slight decrease momentum. In addition, moving average convergence deviation (MACD) indicates further correction by showing a decrease tendency and red histogram sticks. However, if the BTC rises above the upper limit of $ 100,000 consolidated range, the highest level on January 31 will expand the recovery to re -test $ 106.012.
BTC/USDT Daily GraphicsETH Price Estimation: Ethereum Bulls target 3,000 dollars
The price of Ethereum (ETH) encountered a decline around the trend line that descended on February 1. Thus, it fell 13.87 %and closed below the $ 3,000 level, which was psychologically important the next day. ETH continued to correct approximately 9 %of the following week. However, ETH prices showed a slight recovery of 1.3 %in the previous week. During the article on Monday, ETH is around $ 2,670. If ETH continues to recover, it may expand the recovery to test the $ 3,000 level.
The RSI value in the daily graph shows 38, and it jumps from 30, which is the excessive level of sale, and points to a sign of sales pressure. However, to maintain the rise momentum, RSI needs to be traded over 50, the neutral level. Such a development will add a tail wind to the recovery rally. In addition, the MACD indicator gave a tendency to rise in the daily graph last week and gave purchase signals and pointed to the future rise tendency. On the other hand, if ETH continues its drop and closes below $ 2,359, it will prolong the decline to test its next week’s support from $ 1,905.
ETH/USDT Daily GraphicsXRP Price Estimation: Indicators reflect the rise movement
The Ripple (XRP) price increased by 14 %last week, exceeding $ 2.72 per day on Friday and found support around this level on Sunday. During the article on Monday, he circulates around $ 2.72 per day. If the daily level of $ 2.72 per day is maintained, the XRP will extend the rally to re -test the highest level on January 16th.
The RSI in the daily graph is read as 54 above the neutral 50 level, which points to the rise momentum. Moreover, like Ethereum, the XRP’s MACD indicator also gave a tendency to rise in the daily graph last week and pointed to the promotion tendency in the future. However, if the XRP closes below 2.72 dollars, the daily support level, it will prolong the decline to test its next level at $ 1.96.
XRP/USDT Daily GraphicsThe opinions and estimates in the article belong to the analyst and are not definitely investment advice. Kriptokoin.comWe recommend that you do your own research before investing.
