Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 02/13/2020

Yesterday, the bulls achieved an update of annual highs. In which area can growth continue today?

BTC / USD

Yesterday, the price of Bitcoin fixed on the upper border.green ascending channel and slowly, like a snail, crawled to the target mark of 10600.00 USD. Following yesterday's trading, we have a daily maximum at 10450.00 USD. The dynamics of the BTC / USD pair contrasted sharply with the active increase in altcoin prices.

Today, we can expect a bullish breakout to the range of $10600 – $10950, and a new yearly high is possible around 11,000.00 USD.We believe that by the end of the day the pair will be able to stay in the designated price range. 

ETH / USD

Yesterday, the bulls were able to continue the run and tested the upper border of the purple range of 274.00 USD, and at the end of the day they updated the annual high around 276.00 USD. 

At night, the pair failed to stay in the high zone and rolled back to the lower border of the purple area of 264.00 USD.There, buyers felt support and were able to recover to yesterday's high by the morning, but they cannot break through the resistance of 274.00 USD yet. 

If the bulls manage to create another impulse, they will move the yearly high to the psychological level of 300.00 USD.If trading takes place on declining volumes, the pair will gain a foothold in the purple sideways range. 

XRP / USD

Yesterday, buyers continued to grow at the end of the day, broke through the resistance of the upper trend line around 0.300 USD, setting a local high at 0.307 USD. 

At night, the upper border of the ascending green channel provided support to the pair, and in the Asian session, the XRP price continued its rapid growth, setting a new yearly high at 0.336 USD. 

As of this morning, the price has retraced below the resistance of 0.333 USD, but during the day it has been growingmay continue to the area of 0.350 USD.We believe that at the end of the day we will seerollback from the high zone to the area of the upper border of the yellow side corridor of 0.310 USD. 

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