A number of real-time indicators on the popular social trading platform TradingView have shifted to a bullish territory for Bitcoin (BTC), Ethereum (ETH) and XRP.
All three coins have at least one buy recommendation in the daily, weekly and monthly time frame. Bitcoin's Monthly chart signals a strong buy; Ethereum Daily and weekly charts signal a strong buy; and XRP Daily chart is considered a strong buy at the time of publication.
The platform's trading indicators use a mix of analytical methods, including moving averages, oscillators and pivots, to predict where the crypto assets could go.
Crypto strategist Josh Rager says The king of crypto now faces resistance at $ 10,369. According to Bitcoin, this is the exact price of Bitcoin at the time of publication COIN360, If BTC can break through this level, the analyst says a bigger upward trend is imminent.
"Up or down depends on this range. If the price can close above $ 10,369, I plan to switch to $ 10,700 to $ 10,900 with the potential to reach up to $ 11,500."
A break below $ 10,100 and $ 9,300 is a potential target after a few jump in between. Don't worry about lower at the moment.
Regarding Ethereum and XRP, according to Rager, the second and third largest coins could lead to an Altcoin outbreak if Bitcoin continues to trend sideways.
“It looks like BTC was a liquidation game in which these offsets were caught with a high leverage of 4% down, 4% up and another 4% down. Not a Bitcoin trading zone, but keep an eye on alts that could potentially move sideways with BTC. "
Currently, according to a bird's eye view of COIN360, the crypto market is largely a sea of green. Bitcoin rose 1.38% to $ 10,369, Ethereum 5.68% to $ 282.02 and XRP 3.05% to $ 0.3350.