6.8 C
Amsterdam
26 March 2023

PumpMoonshot
Image default
Bitcoin

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Discount vs. Destruction

by PumpMoonshot0282

  • Bitcoin settles below $19,000 on daily time frames, hinting at more decline in the future.
  • Ethereum price loses support at $1,300, buying the low demands a clear invalidation point.
  • XRP price has become the diverging outperformer within the crypto space, rallying 30% this week.

The cryptocurrency market has been at its lowest point since the spring. Time will tell if these prices are worth buying.

Bitcoin price offers a discount

Bitcoin price has failed to hold grounds above $19,000. On September 20, the bears have established a large bearish engulfing candle on the 2-day chart while dually have established a new low for September at $18,125

Bitcoin price currently auctions at $18,927. An influx of volume continues to enter the market with the declining price. Still, the Relative Strength Index is near a significant level that has acted as support during previous bull runs. Additionally, there is a divergence between the newly established low and the previous September low at $18,510.

A market bottom could be near, but buying the actual low will not be easy. A breach of the summertime lows at $17,622 is within arms reach. Using it as an invalidation point may be too risky. The macro invalidation point for a Bitcoin bull run remains at $13,880.

TM/BTC.9/22/22

BTC USDT 2-Day Chart

Source

Join our Telegram Channel

Related posts

Bitcoin may be looking at continued ‘healthy’ correction over the next few days

PumpMoonshot

Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days

PumpMoonshot

WEALTH MANAGER ADVISES AGAINST INVESTING IN BITCOIN. BILLIONAIRES BEG TO DIFFER

PumpMoonshot

Privacy settings

Decide which cookies you want to allow. You can change these settings at any time. However, this can result in some functions no longer being available. For information on deleting the cookies, please consult your browser’s help function. Learn more about the cookies we use.

With the slider, you can enable or disable different types of cookies:

  • Block all
  • Essentials
  • Functionality
  • Advertising

This website will

  • Essential: Remember your cookie permission setting
  • Essential: Allow session cookies
  • Essential: Gather information you input into a contact forms newsletter and other forms across all pages
  • Essential: Keep track of what you input in a shopping cart
  • Essential: Authenticate that you are logged into your user account
  • Essential: Remember language version you selected

This website won't

  • Remember your login details
  • Functionality: Remember social media settings
  • Functionality: Remember selected region and country
  • Analytics: Keep track of your visited pages and interaction taken
  • Analytics: Keep track about your location and region based on your IP number
  • Analytics: Keep track of the time spent on each page
  • Analytics: Increase the data quality of the statistics functions
  • Advertising: Tailor information and advertising to your interests based on e.g. the content you have visited before. (Currently we do not use targeting or targeting cookies)
  • Advertising: Gather personally identifiable information such as name and location

This website will

  • Essential: Remember your cookie permission setting
  • Essential: Allow session cookies
  • Essential: Gather information you input into a contact forms newsletter and other forms across all pages
  • Essential: Keep track of what you input in a shopping cart
  • Essential: Authenticate that you are logged into your user account
  • Essential: Remember language version you selected
  • Functionality: Remember social media settings
  • Functionality: Remember selected region and country

This website won't

  • Analytics: Keep track of your visited pages and interaction taken
  • Analytics: Keep track about your location and region based on your IP number
  • Analytics: Keep track of the time spent on each page
  • Analytics: Increase the data quality of the statistics functions
  • Advertising: Tailor information and advertising to your interests based on e.g. the content you have visited before. (Currently we do not use targeting or targeting cookies)
  • Advertising: Gather personally identifiable information such as name and location

This website will

  • Essential: Remember your cookie permission setting
  • Essential: Allow session cookies
  • Essential: Gather information you input into a contact forms newsletter and other forms across all pages
  • Essential: Keep track of what you input in a shopping cart
  • Essential: Authenticate that you are logged into your user account
  • Essential: Remember language version you selected
  • Functionality: Remember social media settings
  • Functionality: Remember selected region and country
  • Analytics: Keep track of your visited pages and interaction taken
  • Analytics: Keep track about your location and region based on your IP number
  • Analytics: Keep track of the time spent on each page
  • Analytics: Increase the data quality of the statistics functions

This website won't

  • Advertising: Tailor information and advertising to your interests based on e.g. the content you have visited before. (Currently we do not use targeting or targeting cookies)
  • Advertising: Gather personally identifiable information such as name and location

This website will

  • Functionality: Remember social media settings
  • Functionality: Remember selected region and country
  • Analytics: Keep track of your visited pages and interaction taken
  • Analytics: Keep track about your location and region based on your IP number
  • Analytics: Keep track of the time spent on each page
  • Analytics: Increase the data quality of the statistics functions
  • Advertising: Tailor information and advertising to your interests based on e.g. the content you have visited before. (Currently we do not use targeting or targeting cookies)
  • Advertising: Gather personally identifiable information such as name and location

This website won't

  • Remember your login details
Save & Close