July 24, 2024

Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 10/09/2019

Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 10/09/2019

Buyers cannot yet overcome the nearest resistance levels. Will there be another attempt today?breakthrough?

BTC / USD

Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 10/09/2019

Yesterday, buyers did not have enough strength to test the resistance at 8500.00 USD. Trading volumes fell below the average level and the price rolled back to the support of the hourly EMA55. 

In the area of ​​the POC line (8159.38 USD), the pair is trying to consolidate and if today buyers are able to increase purchases, then a re-test of the level of 8500.00 USD remains relevant. 

On higher time frames, indicators generate a downward signal. Selling pressure will continue to roll back to the psychological support of 8000.00 USD. 

ETH / USD

Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 10/09/2019

Yesterday buyers were unable to testresistance 186.00 USD. After trading volumes decreased and the pair began to pull back, a weak bearish impulse was observed, which accelerated the pair’s decline to the support area of ​​176.00 USD. The hourly EMA55 is taking place in this area. 

At night, a little less than the average price levelhas recovered, but further continuation of the recovery above 186.00 USD is a big question. If buyers are unable to form a strong bullish impulse, then they will not be able to break through this resistance on average volumes. 

XRP / USD

Analysis of cryptocurrency pairs BTC / USD, ETH / USD and XRP / USD on 10/09/2019

Yesterday, the XRP price rolled back to the hourly EMA55 area.From the level of average prices, buyers twice tried to break above the resistance of 0.280 USD, but both attempts took place on declining volumes, so they ended in a decline to the area of ​​0.274 USD. 

If the bulls cannot increase volumes, then they will nottest the lower border of the yellow corridor (0.290 USD). Today, on volumes below the average level, the pair may continue to roll back to the support of 0.260 USD. 

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