Bitcoin price, around 98,800 at the beginning of this week, the 50 -day EMA splashed. The leader crypto is now around $ 104,000. Ethereum and Ripple approach lock resistance levels. According to crypto analyst Manish Chhetri, they may encounter a future correction if they are rejected.
BTC Price Estimation: Bitcoin is preparing to decline!
The price of Bitcoin found around the $ 98,845 -year -old mobile average (EMA), which is $ 98,845. In addition, on Thursday, it increased by 2.69 %to over 104,700 dollars that day. During the article on Friday, he is around 104.100 dollars. If the BTC decreases below $ 100,000 and closes under the 50 -day EMA on a daily basis, it can extend the decrease and test its next important support of around $ 90,000.
The relative power index (RSI) in the daily graph stands at 57 with a neutral level. However, by pointing down below, it shows signs of weakness in the rise momentum. In addition, the moving average convergence of the Iraqs (MACD) indicator converges to sign the indecision between the traders. If MacD shows a decrease tendency on a daily basis, it will give a sales signal and point to the fall trend. However, if the BTC continues to recover, it can re -test $ 109,588, the highest level of all time on January 20th.
BTC/USDT Daily GraphicsETH Price Estimation: faced with rejection!
The Ethereum (ETH) price leaned from a psychological importance of $ 3,000 on Monday and rose by 6.33 %until Thursday. During the article on Friday, he faced rejection near the diminishing trend line and traded around $ 3,31. If the diminishing trend line remains as resistance, it may extend the decline to re -test the level of psychological importance of $ 3,000. A successful closing below this level will extend an additional decline to test the next daily support in 2.810.
The RSI in the daily graph shows 46 after being rejected at the 50 neutral level. This points to the decline tendency and the decrease momentum. Like Bitcoin, Macd indicators also reflect the indecision between the traders. On the contrary, if the ETH rises above the diminishing trend line, it may extend the recovery to test the daily resistance level for $ 3,730.
ETH/USDT Daily GraphicsXRP Price Estimation: Ready for a correction!
The Ripple (XRP) price splashed from the trend line rising around $ 2.72 on Monday. Thus, it rose by 2.25 %until Thursday. During the article on Friday, it is traded with a slight decrease of around $ 3.07. If the XRP descends below the rising trend line and closes below $ 2.72, it may extend the decline to test its next daily support from $ 1.96.
The RSI indicator shows the value of over 50, with the neutral value of 59. This indicates weakness in the rise momentum by pointing downwards after being rejected from 70, which is the excessive level of purchase. In addition, MACD gave sales signals on Sunday and pointed to the downward trend. On the other hand, if the XRP maintains its upward acceleration, it may extend the rally to test the resistance level of $ 3,40.
XRP/USDT Daily GraphicsThe opinions and estimates in the article belong to analysts and are definitely not an investment advice. Kriptokoin.comWe recommend that you do your own research before investing.
