Until the end of last week, the bears failed to knock the market out of the side range. At the beginning of this week - increased bearish pressure is expected.
BTC / USD
Almost the entire past week, the BTC price spent inside range. Buyers and sellers were constantly struggling with the watch level EMA55, and now the moving average came close to the Point of Control line (9114.68 USD).
Yesterday morning, sellers pushed the pair below the average price level and pushed it to the fair price line, but until the end of the week they were unable to knock the price out of the side.
On the daily time frame, the indicator has left the zoneoverbought and hung at the border with the neutral zone. Perhaps, at the beginning of this week, sellers will sell support for the POC line (9114.68 USD) and roll back the price below the level of 8900.00 USD.
ETH / USD
Last Wednesday, the appetite of customers was limitedthe level is 78.6% FIBO (192.57 USD), but in the second half of the week sellers rolled back a couple below the average price level and the consolidation range narrowed significantly.
Until the end of the week, buyers could not overcomeresistance is 186.00 USD, and sellers pushed the price to support 180.00 USD on Sunday. It is not yet possible to break through this support level, but we believe that at the beginning of this week the bears will be able to roll back the price to the area of the POC line (173.99 USD).
XRP / USD
At the beginning of last week, buyers tested the upper border of the yellow corridor, and in the second half of the week sellers rolled back a pair below the midline of the side range of 0.300 USD.
Until the end of the week, the pair has repeatedly dropped outside the lower border of the yellow range of 0.290 USD, but buyers sought to restore Ripple to the level of average prices.
Now the side consolidation is still ongoing, but soon sellers can roll back the price of XRP below the support of 0.280 USD.
* All price values are based on data from the BitStamp exchange