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

Buyers can not yet overcome the next resistance levels. Will there be another attempt today breakthrough?

BTC / USD

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

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

On older time frames, indicators form a signal to decrease. Pressure from sellers will continue to roll back to psychological support of 8000.00 USD.

ETH / USD

Buyers failed to test yesterdayresistance 186.00 USD. After the trading volumes decreased and the pair started a pullback, there is a slight bearish momentum, which accelerated the pair's decline to the support area of 176.00 USD. In this area there is a watchmaker EMA55.

At night, the averagerecovered, but further continuation of the recovery above 186.00 USD, is in big question. If buyers are unable to form a strong bullish momentum, then they can not break this resistance in medium volumes.

XRP / USD

Yesterday, the price of XRP rolled back to the time zone EMA55. From the level of average prices, buyers twice tried to break above the resistance of 0.280 USD, but both attempts were carried out on declining volumes, therefore ended in a decline to the area of 0.274 USD.

If the bulls are unable to increase the volume, then they will not test the lower border of the yellow corridor (0.290 USD). Today, at volumes below the average, 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

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BTC / USD

ETH / USD

XRP / USD

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