Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC holds up as US DoJ clears path to spot ETF approval

Bitcoin price must hold above the critical support at $36,788 to keep hope for a continuation of the intermediate trend alive.

The $1,935 support level continues to hold for Ethereum price but the slump is likely to continue 5% lower.

Ripple price extends south, invalidating the bullish thesis with the potential for a further 8% slump to $0.5392.

Bitcoin (BTC) price remains bearish, but there is hope, after the US Department of Justice may just have cleared the path for the approval of spot BTC exchange-traded funds (ETFs). According to some analysts, one of the stumbling blocks to the approval was the dominance of Bina exchange in the industry.

Bitcoin price tests key support:

Bitcoin (BTC) price is showing weakness, recording a 3% fall on the day, with most of these losses recorded following news around Bina exchange. Testing the critical support at $36,788 and with the Relative Strength Index (RSI) showing weakening momentum, BTC could fall.

Conversely, increased buying pressure from investors looking to capitalize on the retest of $36,788 could send Bitcoin price north, first clearing the local top at $37,972 before testing the range high at $37,980 and ultimately claiming the $40,000 psychological level, 10% above current levels.#BTC $BTC