Bitcoin, Ethereum, XRP price analysis on 06/26/2020

Yesterday, buyers were unable to restore the market to the area of ​​average prices. Will the pressure from outside increase?Bears?

BTC / USD

Yesterday buyers managed to overcomeresistance of the upper boundary of the downward corridor and pull the BTC price out of the orange channel of the local downtrend. However, the recovery took place on volumes below the average level and the pair was unable to gain a foothold above the resistance of 9300.00 USD. 

If today's buyers can't get through totwo-hour EMA55, then there is a high probability that the Bitcoin price will return within the declining orange corridor, and by the end of the month the pair may update the June minimum to the level of 8600.00 USD. 

ETH / USD

Buyers yesterday restored the price of Ethereum fromthe minimum zone to the resistance area of ​​233.33 USD. During the day, the pair tried to consolidate above this resistance, but the purchase volumes were below the average level and the price was unable to test the two-hour EMA55. 

Today the price may roll back to yesterday’s zoneminimum and if the bears increase pressure, the price will continue to fall towards the support of 100% fib (222.98 USD). If there is no strong pressure, then in a thin market buyers will try to gain a foothold at the average price level. 

XRP / USD

Yesterday's recovery in the price of Ripple was limited at 0.184 USD. During the day, the pair consolidated in a narrow sideways range with support at 0.181 USD. 

If buyers are unable to recover todaya couple above the level of average prices, then the decline will continue to the zone of yesterday’s low, and with strong pressure from the bears, the price may test the support of 0.170 USD. 

* All price values ​​are based on data from the BitStamp exchange