Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin retraces to crucial support

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Bitcoin (BTC) price encounters resistance at weekly highs before retracing to seek support at a crucial level, while Ethereum (ETH) and Ripple (XRP) align closely with Bitcoin's movements, gearing up to surpass resistance barriers and embark on upward rallies.

Bitcoin price faces rejection at the weekly resistance level of $67,147. Ethereum price stabilizes near the $3,362 support level established on June 14. Ripple price is encountering a barrier at $0.515, which aligns with its 50-day Exponential Moving Average .

On Wednesday, the US Securities and Exchange Commission granted it a free pass, currently trading at $3,523—the $3,360 low roughly hovers around the 61.8% Fibonacci retracement level at $3,279. If this support holds, ETH price could rally 5% from its current trading price of $3,523 to tag its previous high of $3,717 on June 9. The Relative Strength Index in the daily chart struggles to close above its mean level of 50, while the Awesome Oscillator trades below its mean zero.

 

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