July 21, 2024

Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 09/27/2019

Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 09/27/2019

Today, with low market activity, prices will move sideways.

BTC / USDAnalysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 09/27/2019

Yesterday declineBTC prices resumed, the pair came out of the flat with support at 8230.00 USD and updated the September minimum at 7733.99 USD. 

Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 09/27/2019

Before the end of the day, buyers restored the price to just above 8000.00 USD. In this area of ​​the highest volumes along the profile, the pair settled into consolidation. 

Before bearish pressure resumessupport 7400.00 USD, a short-term flat and some recovery of the pair are possible in this area. On the recovery, buyers will be able to test the resistance at 8500.00 USD. 

ETH / USDAnalysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 09/27/2019

Yesterday, from the consolidation area at the 61.8% fib level (168.70 USD), the pair went to the support of the 50% fib (151.94 USD). 

Selling pressure was supported by volume aboveaverage level, but buyers were able to reverse the price at the low point of 152.26 USD and test the resistance of 168.70 USD on the recovery. It is impossible to overcome it with decreasing volumes, so the pair settled in a narrow sideways pattern, directly below the 61.8% Fibonacci level. 

Today, the bears' attempts to test the 50% fib (151.94 USD) may be repeated, but on low trading volumes, the pair will continue to flat below the 61.8% fib level. 

XRP / USDAnalysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 09/27/2019

Yesterday in the morning the couple was held inflat between support 0.240 USD and resistance 0.250 USD. After lunch there was a slight decrease in price. The local minimum was set at 0.228 USD, but buyers were able to return prices to the previous sideways range. 

Today, price consolidation will continue on small volumes, 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