Bitcoin, Ethereum and Ripple price prediction: BTC, XRP readying to overtake ETH crypto lead

Bitcoin, Ethereum and Ripple price prediction: BTC, XRP readying to overtake ETH crypto lead

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Bitcoin shows a pattern that hints upside in the short-term Ethereum still outperforming Bitcoin, although BTC might overtake soon BTC/USD daily chart We pointed at $10800 yesterday as the price level that Bitcoin bears need to drill to accelerate the falls. BTC went below it, triggering a fall of nearly $1000 during the American session. There were some panic moments when bulls feared heavy losses, but at the end, it was just a scare. The move was technically healthy: adding volatility, confirming important supports and giving room for the change of direction in the moving averages. MACD is the indicator that has benefitted the most from yesterday’s price action. It has now enough room to face an upward cross in the best conditions. The current pattern backs up a possible change of trend in the upcoming days. Directional Movement Index shows mild divergence after yesterday’s BTC price action. Buyers went up while sellers retreated. There is still some way to go until the equilibrium level, and that backs up a lateral but bullish scenario that should favor new position taking. Ripple, in a similar situation then Bitcoin, but a few steps ahead XRP/USD 4H chart XRP/USD has broken out of the triangle that was containing it and continues with a lateral but positive move. In the last few weeks, Ripple has been leading the Crypto board, stepping ahead of Bitcoin and other digital currencies. Ripple price action is definitely something to follow as a point of reference for the rest of cryptos. MACD shows a slightly divergent profile. Its current position backs potential bullish action. Directional Movement Index indicates few differences between buyers and sellers amount. Next hours might see a cross that would put buyers in an advantage situation. ETH/USD 4H chart In the Ethereum chart, MACD has a very different profile than other Cryptos. ETH is in a bullish trend and it…
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