- BTC/USD bulls look to re-enter the $10,000 level following Friday’s withdrawal.
- ETH/USD is on the verge of charting the highly bullish golden cross pattern.
- XRP/USD buyers must gather enough momentum to interrupt above the SMA 200 curve.
BTC/USD daily chart
The price of BTC/USD has gone up from $9,806.63 to $9,848.50. there’s a dip within the RSI, but it’s still trending within the overbought zone at 79.63. While this ideally means an upcoming short term bearish correction, we believe that the bulls will still consolidate till Tuesday’s halving.
The MACD indicates increasing bullish momentum. Ideally, the bulls will want to overcome resistance levels at 10,036 and $10,359.55. On the downside, healthy support lies at $9,500 and $8,780, which must be defended on the face of a sudden bearish onslaught.
ETH/USD daily chart
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ETH/USD is consolidating below the $218 resistance level because it went up from $211.50 to $213.20 within the early hours of Saturday. the worth is hovering below the red Ichimoku cloud. The bulls gain enough firepower to enter the cloud by conquering the $227.40 resistance level. On the downside, there are healthy support levels at $207.25 and $198.
The SMA 50 is looking to crossover the SMA 200 to potentially chart the highly bullish golden cross pattern. The MACD shows slightly bearish market momentum.
XRP/USD daily chart
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XRP/USD bulls remained on top of things for the third straight day because the price went up a touch from $0.2187 to $0.219, trending above Triangulum formation within the process. The bulls must garner enough momentum to beat resistance at SMA 200, $0.2284 and $0.2362. The last resistance level will bring the worth above the 20-day Bollinger Band.
On the downside, the buyers must confirm that support at $0.2113 and $0.1962 remain strong. The Elliott Oscillator has fallen from 0.026 to0.0163 over the last seven days.
