RATE Group | Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Whales seemingly on the sidelines and …
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Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Whales seemingly on the sidelines and …

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Whales seemingly on the sidelines and …

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  • Cryptocurrencies see fresh dips after a weekend recovery.
  • Digital coins’ paths of least resistance are to the downside but some are doing better than others.
  • Here are the levels to watch according to our proprietary technical tool, the Confluence Detector.

NASDAQ continues to proceed with the plans to provide Bitcoin futures in the first quarter of 2019. The upbeat news for cryptos helped them stabilize over the weekend.

However, digital coins turned down in the wake of the new week. Some suspect that this is a necessary correction. After all, cryptocurrencies have not hit new lows. Others suspect that this is just a dead cat bounce before another fall.

According to one theory, crypto whales, or the big boys, are dumping digital coins to cause panic and a sell-off, only to begin re-accumulating. Some thought this moment of buying has already begun. However, even if the whales are not dumping further cryptos, they are not buying either and seem to be on the sidelines.

The technical…

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