According to my new latest research on BTC, ETH and XRP!🚨🔥📊🚨🔥
“Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP signal recovery ahead of White House Crypto Summit”
➡️Bitcoin price hovers around $87,600 on Wednesday after finding support around $85,000 on the previous day.
➡️Ethereum price found support around the $2,125 level, suggesting a recovery on the cards.
➡️XRP is approaching its daily resistance at $2.79; a firm close above this level hints at a further recovery.
Bitcoin (BTC) hovers around $87,600 on Wednesday after finding support around its key level the previous day. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and have retested their key support levels, hinting at a recovery ahead of an upcoming White House Crypto Summit, where officials will explain their full plan for the reserve.
Bitcoin price faced rejection around the $95,000 level on Sunday and declined 8.54% the next day. However, on Tuesday, BTC dipped below the daily support level at $85,000 but bounces and closes above it. This daily level roughly coincides with the 200-day Exponential Moving Average (EMA) at $85,759, making it a key support zone.
If the $85,000 level holds as support, BTC could extend the recovery to retest its Sunday high of $95,000.
Ethereum price found support around its $2,125 level on Saturday and rose 13.56%, closing above its daily resistance of $2,359 the next day. However, ETH erased its recent gain on Monday but found support around its $2,125 level the next day. At the time of writing on Wednesday, it hovers around $2,176 level.
Ripple price was rejected around its key psychological level of $3 on Sunday, and it declined 18.79% the next day. At the time of writing, it hovers around $2.45 level.
If the 100-day EMA at $2.30 holds, XRP could extend the recovery to retest its psychological level of $3. A firm close above this level could extend an additional rally to retest its January 16 high of $3.40.