Bitcoin price broke out of a symmetrical triangle pattern and remains above throwback support. Ethereum price is likely to have a pullback into its major support area between $3,400 and $3,200. Ripple price holds the daily support level at $0.467. Bitcoin price is trading with a bullish bias following a successful breakout and retest of a symmetrical triangle pattern. Ripple also follows in BTC’s footsteps as it continues to hold on to its major support level.
Ethereum price looks promising Ethereum price broke above a falling wedge pattern on the daily chart on May 20, leading to a 21% rally. However, it is encountering resistance from a bearish order block established on March 12, which ranges from $3,980 to $4,093, posing a challenge for ETH bulls. Investors considering buying ETH should watch the following levels: The 50% retracement level at $3,424, calculated from the swing high of $3,984 on May 27 to the swing low of $2,864 on May 13. The 61.