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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC finally breaks out, ETH and XRP could follow :
Bitcoin price broke above its key resistance level after facing multiple rejections the previous week.
Ethereum's price approaches the psychologically important level of $1,700; a breakout suggests a rally ahead.
XRP stabilizes around $2.11 after failing to close above the $2.23 resistance level last week.
Bitcoin's (BTC) price broke above its key resistance level after facing multiple rejections around it the previous week. Ethereum (ETH) and Ripple (XRP) prices are approaching their key resistance levels; a breakout could signal a rally ahead.
Bitcoin shows strength as it breaks above its $85,000 resistance level
Bitcoin price has faced multiple rejections around its 200-day Exponential Moving Average (EMA) at $85,000 since April 13. At Monday's start of this week, BTC finally broke above the $87,000 resistance level.
If BTC continues its upward momentum, it could extend the rally to the key psychological level of $90,000. A successful close above this level could extend an additional rally to test its March 2 high of $95,000.
The Relative Strength Index (RSI) on the daily chart reads 57, indicating bullish momentum, as it is positioned above its neutral level of 50.
However, if BTC declines, it could find support around its key level of $85,000.
#BTC