Predictions for the top three prices Bitcoin, Ethereum, and Ripple: The cryptocurrency market is due for a minor correction.

The price of bitcoin is showing symptoms of profit-taking and a mean reversion move towards the Tenkan-Sen, with a -13 percent decline towards the Kijun-Sen on the horizon.
Ethereum is about to go below Kumo Twist, bringing a sharp drop below $3,100.
XRP, like Ethereum, is trading around its Kumo Twist, and a rise towards $0.92 is possible.

The price of bitcoin has closed the large gap between its close and the Tenkan-Sen, but the slope of the rise suggests a deeper move south is imminent. The price of Ethereum has fallen below its Tenkan-Sen and is approaching the Cloud’s weakest point, the Kumo Twist. Finally, out of the three cryptocurrencies discussed in this post, Ripple price is the only one that may exhibit some contrarian price movement, moving higher rather than lower.

Lower prices are predicted when the Bitcoin price swing high approaches a Kumo Twist date.

Over the last two months, the price of bitcoin has been at the focus of financial market news. While most global indices have seen significant selling pressure, the major risk-on sector — cryptocurrencies — has…