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
China's factories are pricing in 5.7%. Its shoppers are pricing in 0.7%.China's October PPI rose 5.7% year on year, the fastest since June 2022, while CPI slowed to 0.7% and core CPI to 0.8%. Input prices rose faster than factory-gate prices, squeezing mid-stream margins by roughly five percentage points. The Hang Seng fell 0.13% on a day the S&P 500 rose 2.35%, the only major market to sit out the risk-on session.
Author  Irene Q.
Nov 10, Tue
China's October PPI rose 5.7% year on year, the fastest since June 2022, while CPI slowed to 0.7% and core CPI to 0.8%. Input prices rose faster than factory-gate prices, squeezing mid-stream margins by roughly five percentage points. The Hang Seng fell 0.13% on a day the S&P 500 rose 2.35%, the only major market to sit out the risk-on session.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 11, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.
Author  Mitrade
Nov 11, Wed
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.
placeholder
Gold Extends Slide Below $4,000 as Rising US Inflation, Fed December Hike Bets Pressure Prices On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day
Author  TradingKey
Yesterday 02: 00
On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day
placeholder
Gold closed below $4,000 again — the ETF crowd and central banks stayed, the momentum money leftSpot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.
Author  Irene Q.
Yesterday 03: 20
Spot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.
placeholder
US October PPI Preview: Fed Rate Hike Expectations Rise, PPI May Be Key Variable; How Will US Stocks, Dollar, and Gold Move?On Friday (Nov. 13) Eastern Time, the U.S. will release the October Producer Price Index (PPI). Following the October CPI once again exceeding expectations, the market will look to the PP
Author  TradingKey
Yesterday 08: 36
On Friday (Nov. 13) Eastern Time, the U.S. will release the October Producer Price Index (PPI). Following the October CPI once again exceeding expectations, the market will look to the PP
goTop
quote