No Result
View All Result
Tuesday, February 7, 2023
  • Login
LiveBetPro - Soccer Betting Tips, Crypto Casino, Crypo Exchanger
  • Home
  • Crypto Casinos
    • Best Cryptocurrency Casinos
  • Bookmakers
    • Top Online Bookmakers 2023
  • Exchanges
    • Best Cryptocurrency Exchanges
    • Best Crypto Derivatives Exchanges [2023]
    • 9 Best Bitcoin Exchanges
    • Bybit Review
    • Binance Review 2023
    • Coinbase Review [2023]
    • Gate.io Exchange Review [2023]
    • KuCoin Review 2023
    • BitYard Review [2023]
  • Scripts Bots
    • Seuntjies DiceBot
  • Betting Tips
  • Promotions
  • Contact Us
No Result
View All Result
  • Home
  • Crypto Casinos
    • Best Cryptocurrency Casinos
  • Bookmakers
    • Top Online Bookmakers 2023
  • Exchanges
    • Best Cryptocurrency Exchanges
    • Best Crypto Derivatives Exchanges [2023]
    • 9 Best Bitcoin Exchanges
    • Bybit Review
    • Binance Review 2023
    • Coinbase Review [2023]
    • Gate.io Exchange Review [2023]
    • KuCoin Review 2023
    • BitYard Review [2023]
  • Scripts Bots
    • Seuntjies DiceBot
  • Betting Tips
  • Promotions
  • Contact Us
No Result
View All Result
LiveBetPro - Soccer Betting Tips, Crypto Casino, Crypo Exchanger
No Result
View All Result
Home Crypto

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Spurts of bullish momentum fight resurging bears

LiveBetPro by LiveBetPro
August 17, 2022
in Crypto
4
BitcoinEthereumRipple
192
SHARES
1.5k
VIEWS

(Akash Girimath – FXStreet)

– Bitcoin price displays a throwback that could retest $24,499 after a breakout from the rising wedge.

– Ethereum price consolidates in a small range, extending from $1,852 to $2,022, still lacking any discernible bullish bias.

– Ripple price breaks above the $0.381 level, but further confirmation is necessary.

Bitcoin price sees a bullish uptick in an attempt to clear up any inefficiencies formed during the recent sell-off. Despite its uptrend, Ethereum price remains broadly range bound in the short-term, while XRP price shows strength, to be confirmed at the daily close.

Related articles

BinanceCoin

BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place

February 7, 2023
AdaSwap, a Cardano Ecosystem Builder All Set For Launch of Public Testnet

Cardano price looks overpriced, 17% nosedive likely for ADA

February 7, 2023

Bitcoin price throwback in action

Bitcoin price is currently displaying a throwback higher after breaking out and to the downside of a rising wedge. While the current move could retest $24,989, investors should also pay close attention to $24,499 as another possible temporary upside target. In some cases, BTC could even start to change trend and climb higher and sweep Monday’s highs at $25,232. 

Rejection at either of the two $24k levels, however, will indicate a resumption of the bear trend. Basically, bears will retain as long as this move gets undone quickly.

Downside targets include the 30-day Exponential Moving average (EMA) at $23,330. A breakdown of which will knock BTC down to intermediate support levels at $22,598 and $22,561.

While a steeper correction to $21,440 or $20,750 is likely, investors should not hold their breath expecting the down move to be swift.

BTCPERP

While things are looking choppy for Bitcoin price, investors should note that a daily candlestick close above $24,989 that flips it into a support floor will invalidate the bearish thesis. In such a case, BTC could reach the $25,968 hurdle, where the 100-day EMA is located.

Ethereum price remains weak

Ethereum price is consolidating inside the $1,852 to $2,022 range and is showing weakness after the recent spike in buying pressure. A breakdown of this range will signify a downtrend has started. In such a case, investors can expect ETH to retest the $1,730 support level next. 

A persistence of bearish momentum could see Ethereum price head to $1,543 and the price inefficiency at $1,446, aka fair value gap (FVG). 

ETHPERP

On the other hand, if Ethereum price recovers inside the range low at $1,852 and flips the range high at $2,022 into a support floor, it will indicate a continuation of the bullish momentum. In such a case, investors can hold off the bearish thesis until a retest of the next hurdle at $2,158 and $2,266.

Ripple price continues to do the same thing

Ripple price sees exhaustion of the bullish momentum that briefly pushed it above the $0.381 hurdle. The undoing of these gains is likely to push the XRP price down to the $0.359 support level.

A breakdown of this level will confirm the start of a downtrend. In such a case, investors can expect Ripple price to make its way to the $0.340 support level. If holders continue to book profits, a sweep of the double bottom formed at $0.326 is likely.

XRPPERP

As long as XRP price remains between the $0.381 and $0.359 barriers, there is no point in trading the remittance token’s range bound moves.

A breakout or breakdown of one of these levels, however, will confirm the directional short-term outlook for Ripple price. 

Read Dogecoin jumps as Dogechain gains traction among retail crypto traders

Post Views: 212

Related posts:

BTCPERPTop 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets tumble, but the worst is yet to come cryptoTop 3 Price Prediction Bitcoin, Ethereum, Ripple: How long can crypto markets cling to the Merge narrative? BitcoinEthereumRippleTop 3 Price Prediction Bitcoin, Ethereum, Ripple: No FUD, just charts FXStreetTop 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets turn green as BTC marches to $25,000 FXStreetTop 3 Price Prediction Bitcoin, Ethereum, Ripple: The power struggle between BTC bulls and bears will lead to… XRPUSDTTop 3 Price Prediction Bitcoin, Ethereum, Ripple: Are your bags packed for FOMO Season? ETHPERPTop 3 Price Prediction Bitcoin, Ethereum, Ripple: How long can crypto markets keep rallying? BTCPERPTop 3 Price Prediction Bitcoin, Ethereum, Ripple: One more leg up is on the horizon for crypto markets but…
Tags: Bitcoin priceBitcoin price throwback in actionBTCPERP newsEthereum priceEthereum price remains weakETHPERP newsRipple priceRipple price continues to do the same thingTop 3 Price PredictionXRP priceXRPPERP News

Related Posts

BinanceCoin

BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place

by LiveBetPro
February 7, 2023
0

(Elliott Wave Forecast Team) Binance Coin is the cryptocurrency issued by the Binance exchange and carries the BNB symbol. With...

AdaSwap, a Cardano Ecosystem Builder All Set For Launch of Public Testnet

Cardano price looks overpriced, 17% nosedive likely for ADA

by LiveBetPro
February 7, 2023
0

(Filip L. - FXStreet) - Cardano price jumps over 2% in a slight recovery during the European session. - ADA...

LunaTerra

Luna Classic gears up for recovery after Binance support and latest upgrade

by LiveBetPro
February 7, 2023
0

(Ekta Mourya - FXStreet) - Terra Classic network upgrade from v1.0.4 to v.1.0.5 has received Binance’s support, and the exchange...

crypto

Here’s why India held on to older crypto reforms in the national budget 2023

by LiveBetPro
February 2, 2023
1

(Cointelegraph Team) Cryptocurrency and blockchain technology found no mention in India’s union budget for the year 2023, bringing down the...

BitcoinEthereumRipple

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto rally built on house of cards, collapse imminent

by LiveBetPro
February 1, 2023
2

(Akash Girimath - FXStreet) - Bitcoin price is likely to pull back to the $21,250 support level as bulls exhaust...

Load More
  • Trending
  • Comments
  • Latest
freebitco-Multiply BTC

Freebitco Review – Discover Multiple Ways To Earn Free Bitcoins

June 4, 2022
earn-free-bitcoins-daily-without-investment-2022

How can I get free bitcoin without investment [2022]?

July 2, 2022
Are-Your-Investments-Safe-with-Crypto-Trading-Bots

Are Your Investments Safe with Crypto Trading Bots?

June 8, 2022
faucet-main

What Are Crypto Faucets ?

May 23, 2022
bitcoin

Bitcoin

115
Ethereum

Ethereum

57
How-To-Use-Crypto-Online-Gambling-Websites

How To Use Crypto Online Gambling Websites

44
8-Tips-On-How-To-Make-Money-Sports-Betting

8 Tips On How To Make Money Sports Betting

44
BinanceCoin

BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place

February 7, 2023
AdaSwap, a Cardano Ecosystem Builder All Set For Launch of Public Testnet

Cardano price looks overpriced, 17% nosedive likely for ADA

February 7, 2023
LunaTerra

Luna Classic gears up for recovery after Binance support and latest upgrade

February 7, 2023
bitcoin

Bitcoin sees golden cross which last hit 2 months before all-time high

February 7, 2023

Connect with LiveBetPro.com

telegram twitter

Now online

livebetpro

Livebetpro Information

Address: Ho Chi Minh City, Vietnam, 70000

Contact Us:

– Skype: fxvnpro
– Email:
livebetpro@gmail.com
admin@livebetpro.com

Payment Methods

– Webmoney
– Perfect Money
– Skrill
– Neteller
– Bank Wire
– Bitcoin

Disclamers

Any promotions, reviews, and other information in the website are just for the information purpose only.

There is no invitation or encouragement to invest in Casinos, Bettings, Cryptocurrencies and so on. We disclaim liability for any loss resulting from the use of information contained on this website.

The published comments are private opinions or feedback of the users. Livebetpro is not responsible for any information on the website.

Risk Warning

Please be aware of your investment into bettings/casinos/cryptos which is high risk and not suitable for everyone.

Recent Posts

  • BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place
  • Cardano price looks overpriced, 17% nosedive likely for ADA
  • Luna Classic gears up for recovery after Binance support and latest upgrade
  • Bitcoin sees golden cross which last hit 2 months before all-time high
  • Bitcoin found an interesting support
  • Bitcoin price over $20K creates FOMO with 620K new BTC wallets
  • Bitcoin Weekly Forecast: Nonfarm Payrolls on the radar after Powell’s speech propels BTC higher
  • Bitcoin bulls must reclaim these 2 levels as the ‘death cross’ still looms
  • Bitcoin, S&P 500 close in on bullish ‘golden cross’ signal
  • Here’s why India held on to older crypto reforms in the national budget 2023

Categories

  • Affiliate Programs
  • Betting Tips
  • Bitcoin
  • Blockchain
  • Blockchain Gaming
  • Crypto
  • Crypto Casinos
  • crypto lending platform
  • Crypto Mining
  • Crypto Trading
  • Crypto Trading Bots
  • Crypto Wallets
  • Cryptocurrency Price analysis and Prediction
  • DeFi
  • Earn Free Crypto
  • Ethereum
  • Exchanges
  • Faucets
  • Investment News
  • NFT
  • Promotions
  • Ripple
  • Scripts Bots
  • sport betting
  • USDT
  • Web3
  • XRP
  • About
  • FAQ
  • Contact Us

© 2022 by LiveBetPro.

No Result
View All Result
  • Contact Us
  • Homepages

© 2022 by LiveBetPro.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Warning: array_sum() expects parameter 1 to be array, null given in /home/betbonus/livebetpro.com/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111