Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Political Fundraising Goes Digital as BTC Drops 12%
Bitcoin price fell to the upper trendline of the symmetrical triangle after rising 30% from June 8th low and activating initial support for the new rally attempt. Ethereum price’s failure at its symmetrical triangle support has increased the likelihood of a deeper decline. The XRP price didn’t provide any directional clues and chose to stay within reach.
XRP price prediction: Ripple fears of a sharp decline are unfounded
The XRP price remains trapped in a range between the psychologically important $ 1.00 and the cutout of a perennial inverse head and shoulders pattern at $ 0.76. However, a lack of technical information leaves frothy forecasts on the sidelines until a directional confirmation can be obtained from the charts.
XLM Price Prediction: Stellar Accelerates Decline, Testing $ 0.27
The XLM price was supported by the lower trendline of the symmetrical triangle and the 61.8% retracement level of the March 2020-2021 rally. The corrective jump was limited, however, unaffected by the Bitcoin 30% rally. The result was a rapid breakdown out of the triangle and a double-digit decline, with Stellar now close to testing the May 23rd low.