Some small cap altcoins like DATA, SXP, LINK, BAND, VET, etc. grew by 5-10 times their low price point in 2020 itself. BTC has hit a new all-time high value, and many majors have started showing signs that they are on the way towards their all-time high price.
Bitcoin price hit a new all-time high earlier today at $19,799.03. Let us review the majors like BTC, ETH, XRP, and BCH to see the possible targets purely based on Fibonacci series for the anticipated Alt Season.
BTC/USD – Price Prediction
BTC is approaching a double top on higher time frame at its all-time high price of $20,000. If we can break $19,900 and flip it to support, we could see a Bitcoin price move towards, $20,768, $21,816, $23,308, and $25209. Failure to break the all-time high could lead to an accumulation near ATH and a sideways Bitcoin price move with correction towards $17,600 and $16,700.
ETH/USD – Price Prediction
ETH is approaching a double top formation, and if it can break $625 and flip it to support, we can see an ETH price move towards $659, $708, and $769. Failure to break $625 could lead to a pull back towards $592, $550, and into the support at $479.
XRP/USD – Price Prediction
XRP has been lagging behind for a long time, and we have recently started seeing good moves in XRP. Based on fibs, if we can break $0.73 and flip it to support, we could see a continued XRP price momentum towards $0.80, $0.89, and $1.01. Failure to break $0.73 could lead to a drop in price towards $0.58 and $0.45.
BCH/USD – Price Prediction
If BCH can clear $308 and flip it to support, we can see a move by BCH price towards $354 and $420. Failure to break $308 could lead to a pull back towards $261.
Images courtesy of TradingView.
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