Bitcoin, Ethereum, and XRP Price Predictions: Crypto bulls unfazed by flash collapse

Bitcoin’s price movement shrugs off heavy selling pressure at first, then finds buyers at support, before resuming moderate selling pressure.
Following the rejection of an all-time high, Ethereum’s price behavior has been uneven.
The price of XRP is looking for its own bullish breakout and a chance to beat its rivals.

The price of bitcoin fell more than 5% on Thursday, but buyers came in to keep the Tenkan-Sen as a support level. The recent rejection of Ethereum has produced some hesitation, as seen by the price behavior. The price of XRP does not need to rise far to start a huge bullish breakout.

At the Tenkan-Sen, the Bitcoin price continues to attract buyers.

Since setting fresh all-time highs, the bitcoin price has showed resiliency and confidence. There were widespread fears that, as a result of Ethereum’s rejection of new all-time highs, Bitcoin would see a strong corrective fall below the $60,000 valuation range. The exception was the Binance.US exchange, which had an unusual wick that saw Bitcoin rebound to the $8,000 mark. If buyers can keep the Tenkan-Sen as a major support zone, a test of $70,000 is in the cards.