Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 02.19.2020

Buyers have gained a foothold above the level of average prices.Ability to update annualhighs.

BTC / USD

Yesterday, buyers managed to increase volumes and the price of BTC overcame the resistance of the lower border of the green channel on the second attempt.The pair recovered above the average price level and tested the psychological level of 10,000.00 USD in the evening.At night, the growth continued to reach 10300.00 USD. 

If the price pulls back today, it will be short and the level of 10,000.00 USD will supportpair, the price will be able to test the resistance of 10600.00 USD. 

If the price drops below the two-hour moving average EMA55, then before the end of the day the pair will return to the lower border of the rising channel.

ETH / USD

In the afternoon, sellers wanted to knock the pair out of this range, but the two-hour EMA55 kept the ETH price fromReduce. 

In the evening, the bulls broke through the upper boundary of the purple range and broke through to the annual high.Today the pullback may be limited to the support of 274.00 USD, then the bulls will continueGrowth will test the psychological level of 300.00 USD. 

If the bears push through the support of 274.00 USD, the pair will return to the lower border of the horizontal range. 

XRP / USD

Yesterday morning, buyers tested the average price level, but the bears tried to knock the pair out of the yellow corridor.At the support level of 0.280 USD, buyers seized the initiative and settled in the area of average prices this morning. 

If the lower border of the yellow corridor keeps the pair of declines, then the growthmay continue to the upper trend line of the ascending green channel.It is not yet clear whether the bulls have the strength to break through this resistance, but if the bears do knock it out,Ripple price from the yellow side corridor, then the decline may reach the support of 0.266 USD.    

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