Bitcoin finds support around the lock level the previous day and watches around $ 87,600 on Wednesday. Ethereum (ETH) and Ripple (XRP) re -tested the main support levels by following the footsteps of BTC. Crypto analyst Manish Chhetri, These three leading crypto currency is on the table.
BTC Price Estimation: If it protects $ 85,000, it can go to $ 95,000!
The price of Bitcoin was rejected from $ 95,000 on Sunday and fell 8.54 %the next day. On Tuesday, the BTC declined to $ 85,000 below the daily support level, but it jumped and closed above this level. This daily level coincides with the 200 -day exponential moving average (EMA) in $ 85,759. This makes him an important zone of support. On Wednesday, around $ 87,600 is traded a little above. If the level of $ 85,000 remains support, the BTC can prolong the recovery to re -test the highest level of Sunday, the highest level of Sunday.
The relative power index (RSI) is read as 41 and rises to 50 with the neutral level, which points to a slight decrease momentum. In order to maintain the ascension momentum, RSI needs to exceed the neutral level. Such a development will add a tail wind to the recovery rally. However, if the BTC falls below $ 85,000 and closes, it may extend the decline to re -test the next level of support at $ 73,000.
BTC/USDT Daily GraphicsETH Price Estimation: Is Ethereum preparing for $ 3,000?
The price of Ethereum found support at the level of $ 2,125 on Saturday and the next day closing over $ 2,359, the daily resistance rose by 13.56 %. However, ETH deleted its last earnings on Monday, but the next day found support at $ 2,125. Wednesday is at $ 2,176. If the $ 2,125 level remains support and Ethereum continues to recover, it may extend the rally to re -test the next resistance level at $ 3,000.
The RSI in the daily graph is read as 35 after being rejected around 50 neutral levels on Sunday and points to the decrease momentum. In order to maintain the ascension momentum, RSI needs to exceed the neutral level. Such a development will add a tail wind to the recovery rally. On the other hand, if Ethereum falls and closes below $ 2,125, it may prolong the decline to re -test the weekly support level, $ 1,905.
ETH/USDT Daily GraphicsXRP Price Estimation: Found support, targets $ 3.40!
The Ripple (XRP) price was rejected around $ 3 with significant psychological level on Sunday and fell 18.79 %the next day. However, he found support on Tuesday and jumped from his 100 -day EMA for $ 2.30. During the article, he is at the level of $ 2.45. If the 100 -day EMA remains at $ 2.30, XRP can expand the recovery to re -test the $ 3 psychological level. A closing above this level may expand an additional rally to re -test the highest level of $ 3.40 on January 16th.
The RSI 48 in the daily graph reads 48 and the neutral level, which points to the indecision between the traders, is around 50 horizontal. In order to maintain recovery, RSI needs to exceed the neutral level. However, if the XRP cannot find support in the 100 -day EMA and closes below, it may prolong the decline to re -test its next support 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.
