Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 02.15.2020

A short pullback from the overnight high will give buyers a chance to test bullish targets over the weekendlevels.

BTC / USD

Yesterday in the first half of the day the price of BTC rolled back tosupport area 10100.00 USD. The recovery took place on average volumes, and before the end of the day the pair approached the upper border of the ascending green channel. 

Volumes decreased overnight and prices droppedarea of ​​hourly EMA55. If the moving average EMA55 stops sellers, then on the weekend the pair will break the upper trend line of the ascending channel and test the resistance of 10600.00 USD. 

Continuation of the rollback into the psychological realmlevel of 10,000.00 USD will violate the predicted timing of the annual maximum in the region of 10,600.00 USD and will shift the long-awaited moment of breaking through the green corridor to the beginning of next week. 

ETH / USD

Yesterday, sellers failed to knock the pair out of the purple corridor. Buyers took advantage of the support of the lower border of the purple sideways range and exited the short-term consolidation.

The Asian session managed to update the annualmaximum in the region of 289.00 USD. In the morning, the pair slightly rolled back from the maximum zone, and during the day the rollback may continue to the upper limit of 274.00 USD.

Purple support will provide an opportunity to set a new annual maximum in the area of ​​the psychological mark of 300.00 USD over the weekend.

XRP / USD

Yesterday, sellers pushed the price to the yellow support of 0.310 USD. After the re-test, the pair began to recover intensively and at night, buyers set a yearly maximum at 0.347 USD.

Test resistance 0.350 USD has not been reached yet, but if the morning pullback is limited to support at 0.333 USD, then the XRP price will update the maximum over the weekend. A new value of the annual maximum should be expected just above the 0.350 USD mark.

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