Today, with low market activity, prices will move sideways.
BTC / USD
Decline yesterday BTC prices resumed, the pair exited the flat with support at the level of 8230.00 USD and updated the September low at the point of 7733.99 USD.
Before the end of the day, buyers restored the price slightly above 8000.00 USD. In this region of the largest volumes, the steam profile has consolidated in the consolidation profile.
Before the bearish pressure resumes tosupport of 7400.00 USD, in this area short-term flat and some pair recovery are possible. On the recovery, buyers will be able to test the resistance of 8500.00 USD.
ETH / USD
Yesterday, from the consolidation area at the level of 61.8% Fibo (168.70 USD), the pair went to support 50% Fibo (151.94 USD).
Seller pressure was supported by volume aboveaverage level, but buyers were able to reverse the price at a minimum point of 152.26 USD and test the resistance at 168.70 USD on recovery. It is not possible to overcome it on declining volumes, so the pair has fixed itself in a narrow sidewall, directly below the 61.8% fibonacci level.
Today, the bear’s attempts to test 50% Fibo (151.94 USD) may be repeated, but at low trading volumes, the pair will continue flat at the level of 61.8% Fibo.
XRP / USD
Yesterday morning, the pair held inflat between the support of 0.240 USD and the resistance of 0.250 USD. After lunch, there was a slight decline in prices. The local minimum is set at 0.228 USD, but buyers were able to return prices to the previous lateral range.
Today, at small volumes, price consolidation will continue, but if sellers can increase pressure, they will be able to update the annual minimum of 0.220 USD.
* All price values are based on data from the BitStamp exchange