Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 02.17.2020

At the weekend, the prices of crypto assets were significantly sank, but in the near future the rollback will stop, and the marketconsolidates in the field of average prices.

BTC / USD

At the weekend, the price of BTC sagged below the psychological mark of 10,000.00 USD. On Sunday, the couple pierced the lower border of the green rising channel and tested the orange support area. & Nbsp;

Tonight, buyers tried to restore the price, but the level of 10,000.00 USD is now acting as resistance and does not allow Bitcoin to gain a foothold in the area of ​​average prices. & Nbsp;

If today sellers break through the lower boundary of the green trend channel, then the decrease can continue to the level of 38.2% Fibo (9441.98 USD). & Nbsp;

Judging by the indicator lines of Stoch RSI on the older time flows, which have already enteredoversold zone, in the orange region, the decrease will stop, and buyers will be engaged in price restoration. & nbsp;

ETH / USD

Last Saturday, the price of the broadcast rolled back inThe fillet side corridor, but could not stay there in consolidation. On Sunday, the couple pierced the two -hour EMA55, which since the beginning of the year has held the price of Ethereum in the upward channel. & Nbsp;

On the daytime time, the indicators went intooversold zonebut if support is 233.00 USD will not hold a couple from further decrease, the rollback can continue to the rising green trend line (mark 222.98 USD). From this area it is possible to restore the market. & Nbsp;

XRP / USD

At the weekend, support failed with an intensive decrease in the XRP/USD pair and the bears rolled the price of Ripple below the level of a two -hour sliding medium EMA55. & NBSP;

Tonight buyers tried to return toThe yellow side corridor, but the pressure from the sellers does not stop, and during the day a couple can test the lower boundary of the green ascending channel. & nbsp;

We believe that in the region of the level of 0.266 USD, the decline will stop, and we expect more successful attempts from buyers to restore the XRP price to the yellow corridor.

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