Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 09/28/2019

If buyers can increase volumes, today the recovery will continue to the nearest levels. resistance.

BTC / USD

Yesterday, the pair entrenched in the area of 8000.00 USD in short-term flat. At midnight, the recovery began, which led to a re-test of the hourly EMA55 (8250.00 USD). At the average price level, the pair managed to gain a foothold in narrow consolidation.

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

If sellers do not allow buyers to rise higher, then in the rollback the price will test the support of 7400.00 USD. This is a reversal level from which Bitcoin can begin to recover dynamically.

ETH / USD

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

In the morning, the couple tested the two-hour EMA55 and entrenched under it in a narrow consolidation. A breakthrough of this level of average prices will enable buyers to test the resistance of 186.00 USD.

If buyers are unable to rally for a breakthrough, the pair will return to the 61.8% fibonacci level.

XRP / USD

Yesterday Ripple trades were held in small volumes,and the pair remained in consolidation in the range of $ 0.240 - $ 0.250. In the morning, the pair fixed at the hourly EMA55, and today a weak bullish impulse is possible in the area of 0.260 USD.

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

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