Bitcoin, Ethereum, Ripple: $65,000+
Bitcoin price breaks $64,900 daily barrier, signifying a positive trend.
Ethereum price bulls break $3,240, signaling an uptrend.
Ripple breaks daily barrier at $0.574, suggesting a bullish trend.
Bitcoin (BTC) breaks over $64,900, followed by Ethereum (ETH) and Ripple (XRP), signaling a positive trend.
Bitcoin price activity suggests bullishness.
Last Sunday, bitcoin price broke a declining trendline and rallied 7% over the next two days, closing over $64,913 on Tuesday. BTC rose 1.1% to $65,622 on Wednesday. Strong rising momentum frequently precedes a pullback, giving sideline investors a buying chance.
Sideline buyers might look for chances between $59,200 and $57,800, where trendline resistance has broken. If BTC maintains its bullish trend, it may rise 2.5% from $65,622 to attempt weekly resistance at $67,209.
Breaking $67,209 might enable a 7% gain to revisit June 7's daily high of $71,997.
BTC closing below $56,405 and making a lower daily low may indicate pessimistic sentiment. Bitcoin's price might drop 7.5% to $52,266, its daily support.
Ethereum price may rise.
Ethereum price rose 7.36% in two days after breaking $3,240 on Sunday. The price is up 1% to $3,486 on Wednesday.
ETH may rise 6% to retest its June 9 daily high of $3,721 if the $3,240 barrier holds and it closes above $3,524.
If Ethereum's daily candlestick finishes below $2,817, marking a lower bottom, it may indicate negative sentiment. Ethereum's price might drop 7% to $2,621, its daily support.
Ripple pricing expects highs.
Ripple price rose 1% to $0.585 on Wednesday after breaking daily barrier at $0.574.
If XRP remains above $0.574, it might rise 12% to $0.643, its daily high from April 9.
If Ripple's daily candlestick finishes below $0.413, it suggests continuous negative sentiment and a lower bottom. A 16% drop in Ripple's price may bring it back to its March 12 low of $0.347.
