Bitcoin (BTC) price dropped during the New York session on Wednesday, whiplashing over $100 million in positions.
Bitcoin price must stay above the 0.382 Fibonacci retracement level to continue the trend. Ethereum price could drop to 200-day SMMA at $2,957 before ETH bulls flock the scene. XRP will only be attractive to buy once Ripple price enters golden zone between $0.5453 and $0.6235. Bitcoin price dropped during the New York session on Wednesday, whiplashing over $100 million in positions.
This could set the pace for an extended climb above the $3,406 barricade. A decisive candlestick close above $3,284 level, followed by consolidation above it would set the tone for a breakout to activate the falling wedge pattern. The target objective for this pattern is a 25% move above the breakout point, achieved by determining the average height of the wedge.
Ethereum Ripple Cryptocurrencies
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BNB price rises 5% as Binance gets full regulatory license in DubaiBinance Coin (BNB) price showed strength on Thursday, climbing 5% in parity with Bitcoin (BTC) price.
Read more »
Crypto market begins recovery as Runes gain attention ahead of Bitcoin halvingBitcoin's (BTC) price recovery sparked a price increase across the crypto market on Monday.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC dominance drops as rotation starts slowlyBitcoin (BTC) price is trading with a bullish bias following a successful halving event that has since renewed optimism in the market.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Altcoins come ashore after BTC halving arrivalBitcoin (BTC) price remains lull, but the outlook seen among altcoins is different with Ethereum (ETH) and Ripple (XRP) holding above key levels.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Deviation looms as BTC tests bull market support bandBitcoin (BTC) has shown the weak hand of bulls, with the sentiment spilling over into altcoins.
Read more »
BTC price inches from new surge at $71K — Bitcoin Pi Cycle Top metricBitcoin keeps pressure on a key breakout level which preceded previous BTC price runs to all-time highs.
Read more »