Top 3 Price Prediction Bitcoin, RIpple, Ethereum

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The new falls on Crypto board send a wave of panic to the market.

Technical indicators are holding up well in the short term.

In the long term, only a miracle will prevent new yearly lows.

 

The early hours of BlackChain Friday are resulting in a race to the bottom with discount rates on the Crypto Board. The bullish attempt has failed abruptly in the face of strong bearish inertia.

The graphs today leave a complex and opposite structure. Before you throw your rotten tomatoes at me, I want to tell you that charts are fractal structures. Imagine a Matryoshka doll. Inside one with a terrible face, there can be one with a radiant smile and vice versa. They are contradictory, but they coexist and share the same destiny.

In the 240 minute chart, today's declines are the result of the rejection of the bullish cut.  Bitcoin does not hit new relative lows. The structure of the indicators maintains an upbeat profile.

Ripple lost support at $0.413, and its technical indicators follow an upward turning pattern. Ethereum set new annual lows, and also its technical indicators do not look promising.

The charts in the daily range have a very different history. Bitcoin and Ethereum are very bearish. No excuses. I am fond of these crazy people, but they are going through difficult times.

The Ripple does not present such a negative aspect for the future, but it has lost vitality. It can get into serious trouble if it does not correct the course.

Trading and investment are so extraordinarily complex because of these things. The human mind is not prepared to manage hope and fear at the same time space and make a decision about it.

Source : https://www.fxstreet.com