Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD as of September 28, 2019

If buyers are able to increase volumes, then today the recovery will continue to the nearest levelsResistance.

BTC / USD

The pair settled in the area of 8000.00 USD in the short-term flat.At midnight, the recovery began, which led to a retest of the hourly EMA55 (8250.00 USD).At the level of average prices, the pair managed to gain a foothold in a narrow consolidation. 

If buyers manage to break through the resistance of the hourly moving average EMA55, then on the recovery the pair maytest resistance at 8500.00 USD. 

If sellers do not allow buyers to rise higher, then the price will test the pullbacksupport at 7400.00 USD.This is a reversal level from which Bitcoin will be able tostart to recover dynamically. 

ETH / USD

Yesterday trading volumes were below average andthe pair was in a flat at the 61.8% fib level (168.70 USD). Tonight, buyers were able to slightly increase volumes and break through the resistance at the 61.8% Fibonacci level. 

In the morning, the pair tested the two-hour EMA55 and settled below it in a narrow consolidation. A breakout of this average price level will allow buyers to test the resistance at 186.00 USD. 

If buyers fail to rally for a breakout, the pair will return to the 61.8% fibonacci level. 

XRP / USD

Yesterday, trading on Ripple took place at low volumes,and the pair remained in consolidation in the range of $0.240 – $0.250. In the morning, the pair consolidated at the hourly EMA55 level, and today a weak bullish impulse to the area of ​​0.260 USD is possible. 

If buyers fail to gain a foothold in the area of ​​0.259 USD, the pair will again roll back to the area of ​​yesterday’s flat. 

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