Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Levels to watch as Binance suspends withdrawals




Cryptocurrencies have suffered a downward correction after surging beforehand.
Binance has temporarily suspended withdrawals of Bitcoin and Ethereum due to high network congestion.
Elon Musk's influence on digital coins and a broad risk-off sentiment are both weighing on markets.
Here are the next levels to watch according to the Confluence Detector.
“Seems high” – Elon Musk, in a tweet referring to Bitcoin and Ethereum has been putting pressure on the whole crypto-verse. Even without comments by the founder-billionaire of Tesla, profit-taking was due after BTC hit a valuation of $1 trillion and other cryptos went too far, too fast.
Another development that is weighing on cryptos is the announcement by Binance that it has temporarily suspended withdrawals due to “high network congestion.”
The third factor is a broader market sell-off affecting stocks and other assets. How are the top digital assets positioned on the technical charts?
This is what the Crypto Confluence Detector shows in its latest update:

Bitcoin has some support at around $52,200, and then at around $48,500.
BTC/USD faces strong resistance at around $55,300, and to a lesser extent at $56,500.
ETH/USD capped twiceEthereum has noteworthy support only at around $1,660.
ETH/USD faces resistance at $1,758, and then at $1,780 – two layers of resistance.
XRP/USD well placed to recoverXRP/USD has strong support at around $0.5430, and then at $0.5185, amid many other shock absorbers.
Substantial resistance awaits Ripple only at $0.6050.
----------
WikiFX, the world's No.1 broker inquiry platform!
Use WikiFX to get free trading strategies, scam alerts, and experts experience! https://bit.ly/2XhbYt5

Latest News
-
Gold Futures: Extra gains on the cards
WikiFX | News 1618812345000
-
Bitcoin slumps 14% as pullback from record gathers pace
WikiFX | News 1618796716000
-
Three Core Rules from Phantom’s Gift
WikiFX | News 1618818483000
-
Crude Oil Prices Retreat after Big Rally as Traders Await Fresh Catalysts
WikiFX | News 1618820090000
-
Watchlist: A busy week ahead for forex and gold on the charts
WikiFX | News 1618796381000
-
Daily Forex Analysis - 19 April 2021
WikiFX | News 1618804662000
-
Broker Updates on Apr. 12-18
WikiFX | News 1618711261000
-
Should You Buy Dogecoin?
WikiFX | News 1618800271000
-
South Africa The Pilot Of The FX Industry In Africa
WikiFX | News 1618810535000
-
Cara Membaca Indikator Forex
WikiFX | News 1618823158000
United States Dollar
- United Arab Emirates Dirham
- Australia Dollar
- Canadian Dollar
- Swiss Franc
- Chinese Yuan
- Danish Krone
- Euro
- British Pound
- Hong Kong Dollar
- Hungarian Forint
- Japanese Yen
- South Korean Won
- Mexican Peso
- Malaysian Ringgit
- Norwegian Krone
- New Zealand Dollar
- Polish Zloty
- Russian Ruble
- Saudi Arabian Riyal
- Swedish Krona
- Singapore Dollar
- Thai Baht
- Turkish Lira
- United States Dollar
- South African Rand

United States Dollar
- United Arab Emirates Dirham
- Australia Dollar
- Canadian Dollar
- Swiss Franc
- Chinese Yuan
- Danish Krone
- Euro
- British Pound
- Hong Kong Dollar
- Hungarian Forint
- Japanese Yen
- South Korean Won
- Mexican Peso
- Malaysian Ringgit
- Norwegian Krone
- New Zealand Dollar
- Polish Zloty
- Russian Ruble
- Saudi Arabian Riyal
- Swedish Krona
- Singapore Dollar
- Thai Baht
- Turkish Lira
- United States Dollar
- South African Rand
- Amount
- United States Dollar
- Available
- -- United States Dollar