Bitcoin, Ethereum, Ripple: BTC peaks above $93,900

Bitcoin hits a new high of $93,900 on Tuesday, indicating an uptrend.

Ethereum is retreating toward $3000, its crucial support level.

Resistance at $1.13 suggests a short-term pullback for ripple price.

Bitcoin (BTC) hit a record $93,900 on Tuesday, indicating a move toward $100K. However, Ethereum (ETH) and Ripple (XRP) displayed weakness and predicted a decline at important resistance levels.

Bitcoin bulls want $100K.

Bitcoin hit $93,905 on Tuesday, a record high. Wednesday's trading price is $91,900, down marginally.

BTC might climb above $100,000, a psychological milestone, if it continues.

BTC might fall to roughly $85,000 (November 12 low) if it breaks $87,000. A successful closing below this level might precipitate a sell-off to $78,800 (the 141.4% Fibonacci extension from July's high of $70,079 to August's low of $49,000).

Ethereum will fall if it closes below $3,000.
Ethereum price declined more than 7.8% until Tuesday after facing resistance around the weekly level of $3,454 on November 12. On Wednesday, it keeps falling near $3,100, reaching the psychologically critical $3,000.

If ETH falls below $3,000, it may retest its 200-day Exponential Moving Average of $2,806.

ETH will climb to retest its psychologically crucial $4,000 barrier if it breaks and closes above weekly resistance at $3,454.

With rejection near $1.13, Ripple price will fall.
After numerous rejections around $1.13 since Sunday, Ripple price fell little till Tuesday. Even Wednesday, it trades around $1.08.

Suppose XRP falls below $1.13. Retesting $0.938 support might prolong the drop.


If XRP closes over $1.13, it will climb to $1.37, its daily barrier level.

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