Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC likely to take markets on a rollercoaster

Source Fxstreet
  • Bitcoin price broke out of a symmetrical triangle pattern and remains above throwback support.
  • Ethereum price is likely to have a pullback into its major support area between $3,400 and $3,200.
  • Ripple price holds the daily support level at $0.467.

Bitcoin (BTC) price is trading with a bullish bias following a successful breakout and retest of a symmetrical triangle pattern. Ripple (XRP) also follows in BTC’s footsteps as it continues to hold on to its major support level. Ethereum (ETH) price, on the other hand, shows signs of an impending correction.

Bitcoin price eyes for a 7% rally

Bitcoin price broke out of the symmetrical triangle pattern on June 4, which was formed by connecting the three lower highs and three higher lows, formed since May 19 using trend lines. The breakout, however, was rejected by the weekly resistance around the $71,280 level.

Currently, BTC finds support around the upper boundary of the symmetrical triangle pattern around the $68,500 level.

If this support holds, then BTC could rally 7% to its all-time high of $73,777.

BTC/USDT 1-day chart

BTC/USDT 1-day chart

However, if BTC breaks below the lower boundary of the triangle and closes below $67,147, the bullish thesis could be invalidated, leading to an 8% crash to its daily support level of $61,293.

Ethereum price looks promising

Ethereum price broke above a falling wedge pattern on the daily chart on May 20, leading to a 21% rally. However, it is encountering resistance from a bearish order block established on March 12, which ranges from $3,980 to $4,093, posing a challenge for ETH bulls.

Investors considering buying ETH should watch the following levels:

  1. The 50% retracement level at $3,424, calculated from the swing high of $3,984 on May 27 to the swing low of $2,864 on May 13.
  2. The 61.8% Fibonacci retracement level at $3,279 from the same movement.

If the conditions mentioned above play out, then the Ethereum price could revisit its previous resistance level at $4,000.

ETH/USDT 1-day chart

ETH/USDT 1-day chart

Conversely, if Ethereum's daily candlestick closes below the $2,864 level, it would create a lower low and indicate a disruption in the market structure. This development would negate the previously discussed bullish outlook and could potentially lead to an additional 9% decline, reaching the prior support level of $2,600.

Ripple price finds support on a major level

Ripple price bounces off from its daily support level of around $0.467 on Friday.

If the daily support at $0.467 support holds, XRP could move to the upside and retest its previous resistance level at $0.571.

XRP/USDT 1-day chart

XRP/USDT 1-day chart

However, if the Ripple daily candlestick closes below $0.467, then XRP could crash an additional 10% to its previous support at $0.419.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Oil’s Return to $110 Boosts Fed Hike Expectations, Pressuring Gold for Fourth Day Toward $4,100On October 21, gold prices continued their adjustment, with gold (XAUUSD) dropping intraday to as low as $4,106, nearing the $4,100 mark and marking its fourth consecutive trading day of
Author  TradingKey
10 hours ago
On October 21, gold prices continued their adjustment, with gold (XAUUSD) dropping intraday to as low as $4,106, nearing the $4,100 mark and marking its fourth consecutive trading day of
placeholder
Housing starts fell to the second-lowest since the pandemic shutdown — with the 10-year at 5.12%, who is left to buy?US housing starts dropped 5.2% to 1.221 million in September, the second-lowest pace since the 2020 pandemic shutdown, and building permits hit a three-and-a-half-year low of 1.400 million. Both figures are worse than they look because July and August were revised up. With the 10-year Treasury at 5.117% — only 19bp below its October 5 peak of 5.311% — and the NAHB builder confidence index at 2012 levels, here are the three numbers, the transmission chain from rates to permits, and the two scenarios into the October 28 FOMC.
Author  Irene Q.
12 hours ago
US housing starts dropped 5.2% to 1.221 million in September, the second-lowest pace since the 2020 pandemic shutdown, and building permits hit a three-and-a-half-year low of 1.400 million. Both figures are worse than they look because July and August were revised up. With the 10-year Treasury at 5.117% — only 19bp below its October 5 peak of 5.311% — and the NAHB builder confidence index at 2012 levels, here are the three numbers, the transmission chain from rates to permits, and the two scenarios into the October 28 FOMC.
placeholder
The Dow gained 500 points and the two AI names that matter fell after hours — Netflix's guide is the tellThe Dow closed 529.85 points higher at 52,495.88 (+1.02%) and the VIX fell 6.13% to 17.31, but the two stocks that carry the AI trade moved the other way after Tuesday's close: Netflix slipped to $64.74 (-5.8%) after guiding Q4 EPS of $0.67, below the street, while SpaceX jumped about 8% to near $160 on its first profit as a public company and revenue up 161%. Netflix is now below its 52-week low of $65.08. Here are the numbers, the $65 / $70 levels and the two catalysts that matter this week.
Author  Irene Q.
13 hours ago
The Dow closed 529.85 points higher at 52,495.88 (+1.02%) and the VIX fell 6.13% to 17.31, but the two stocks that carry the AI trade moved the other way after Tuesday's close: Netflix slipped to $64.74 (-5.8%) after guiding Q4 EPS of $0.67, below the street, while SpaceX jumped about 8% to near $160 on its first profit as a public company and revenue up 161%. Netflix is now below its 52-week low of $65.08. Here are the numbers, the $65 / $70 levels and the two catalysts that matter this week.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 21, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 21, 2026. Read on for the details.
Author  Mitrade
16 hours ago
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 21, 2026. Read on for the details.
placeholder
Australian Dollar trades near monthly high, above 0.7000 as hawkish RBA offsets USD uptickThe AUD/USD pair trades with a positive bias for the fourth straight day, holding steady above the 0.7000 psychological mark during the Asian session on Wednesday and flirting with the monthly high it touched the previous day.
Author  FXStreet
17 hours ago
The AUD/USD pair trades with a positive bias for the fourth straight day, holding steady above the 0.7000 psychological mark during the Asian session on Wednesday and flirting with the monthly high it touched the previous day.
goTop
quote