Bitcoin Price Analysis
Bitcoin price consolidates between $62,000 and $64,700 key levels, suggesting a phase of uncertainty among traders. As of Wednesday, it trades at $64,360. If Bitcoin breaks above this range around $64,700, it could retest its daily resistance at $65,379, with a potential rally extending to $70,079.
BTC/USDT daily chart
Conversely, if it breaks below $62,000, a decline to $57,610 could occur.
Ethereum Price Outlook
Ethereum price eyes an upswing after surpassing its resistance barrier. It broke above a descending trendline on September 19, leading to a 3.9% rise, trading now around $2,643. If the support around $2,461 holds, Ethereum could rise another 6.6% to retest its $2,820 high.
ETH/USDT daily chart
If Ethereum closes below $2,461, it may decline to $2,152.
Ripple Price Insights
Ripple price consolidates between $0.560 and $0.613 for over 11 days, currently trading at $0.592. A breakout above $0.613 could lead to a rise to $0.626 and potentially $0.658.
XRP/USDT daily chart
However, if Ripple breaks below $0.560, it could retest $0.502.
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