Bitcoin (BTC) has not had a good performance this week. The cryptocurrency recovered from its weekly low of $18,003 to strike an intraweek gain of $19,497. The sell-orders saw the cryptocurrency fall through the support levels at $16,529 before a partial recovery to $18,100 by the end of the week. Meanwhile, it was a bullish start of the week, for Ripple’s XRP cryptocurrency. The price of XRP climbed up by 25.79% by the end of the week. Followed by the previous week’s 60.90% breakout, XRP’s price ended at $0.60568.
Bitcoin (BTC) Weekly Prediction Ahead
Bitcoin’s price dipped down by 1.05% at the end of the week on November 29th. The price of the cryptocurrency currently stands somewhere at $18,000. The cryptocurrency partially reversed to a 15.20% rally since the beginning of the week.
A support is needed for the cryptocurrency to break out from last week’s high at $19,497. If one has to sideline an extended crypto rally, the first major resistance level and resistance at $19,500 would likely cap any upside.
Should another breakout occurs, the cryptocurrency could test resistance at $20,000 before any pullback. Meanwhile a second major resistance level is seen at $21,183.
If the cryptocurrency avoids falling thorough $18,003, the cryptocurrency could see its first major support level at $16,510.
Removing extended sell orders, Bitcoin should steer clear of sub-$15,000 support levels. If that happens, a second support level could be seen at $14,823.
At the time of publication, Bitcoin was up by 1.54%.
Ripple (XRP) Weekly Prediction Ahead
The price of Ripple (XRP) cryptocurrency would need to avoid falling through $0.6085 to support resistance at $0.7843. Support from the larger market is needed for the cryptocurrency to break through $0.07 levels.
Excluding an extended crypto rally, a resistance at $0.70 could likely cap on any upsides. Should another breakout occur, XRP could test resistance at $0.80 before any pullback. While a second resistance level is seen at $0.9630.
Falling through 23.6% FIB of $0.6274 and the $0.6085 pivot would bring the 38.2% FIB of $0.5285 and the first major support level at $0.5285. Excluding an extended sell orders, the price of Ripple XRP should steer clear of the 62% FIB at $0.3687. The second major support level is seen at $0.2540.
At the time of publication, XRP was up by 3.98%.