Yesterday, the market maintained equilibrium in the lateral range, today there is a high probability of a bullish breakout.
BTC / USD
Yesterday, trading volumes were low and during the day the BTC price volatility did not exceed 1.5%. The pair continued to consolidate, further narrowing the range to the level of the hourly EMA55.
Our forecast for exiting consolidation yesterdayremains relevant: in the near future, the pair may test the resistance of 9200.00 USD. A bullish impulse may knock a pair out of the flat from the average price level or restore the price after a false bearish breakout to the support of 8500.00 USD.
ETH / USD
Yesterday, buyers managed to gain a foothold above the hourly EMA55, and by the end of the day to maintain momentum with rising lows.
If Market Makers If you did not plan a bearish impulse to the area of the POC line (182.86 USD), then the Ethereum price will soon break through the resistance level of 78.6% Fibo (192.57 USD) and test the psychological mark of 200.00 USD.
XRP / USD
XRP Price Continued Consolidation Yesterday Usingsupport level 0.270 USD. The consolidation range was narrowed by the downward watch EMA55, which limited buyers' attempts to restore the price of Ripple.
Today the pair will leave this range and will test the resistance of 0.280 USD on the recovery.
* All price values are based on data from the BitStamp exchange