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Top 3 Price Prediction: Bitcoin, Ethereum, Ripple: BTC, ETH, XRP at catch 22 moment

From fxstreet.com

Bitcoin (BTC) price is trying to lead the rest of the market i nto recovery. However, it faces a key obstacle, same case for Ethereum (ETH) and Ripple (XRP) positioning the top three cryptocurrencies in a muddle. Bitcoin price tests key confluence hurdle: Bitcoin (BTC) price is working out a recovery, but the upside potential remains limited by a descending trend line from a big picture point of view. More closely, the king of crypto is trapped under the foothold of the three Exponential Moving Averages (EMA), making it a Catch-22 moment or complication for investors. In today’s trading session, Bitcoin price climbed ... (full story)

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  • Category: Technical Analysis