Analysis of prices for Bitcoin, Ethereum, Ripple for 01/04/2021

At the beginning of the new year, the bulls continued their race and the Bitcoin price renewed its maximum at 34800.00 USD.

BTC / USD

In the pastOn Saturday, the price of Bitcoin broke through the psychological level of 30000.00 USD, and on Sunday the absolute maximum was set at 34800.00 USD. 

By the end of the week, sellers rolled the pair to the arealevel of 32000.00 USD, but tonight a recovery to the maximum zone began, and at the beginning of this week the bullish run will continue to the area of ​​35000.00 USD. 

ETH / USD

Last Saturday, the price of Ethereum broke through the resistance of the upper boundary of the ascending green channel and on Sunday overcame the 800.00 USD mark. 

The crazy rise in the price of ether continues to this day and today the pair has already managed to test the mark of 1000.00 USD. 

It is difficult to say to what level the explosive growth will continue, but we believe that this week it will be limited at the level of 1200.00 USD, after which the price may roll back to the area of ​​800.00 USD. 

XRP / USD

The price of Ripple was able to stay above the level of 0.213 USD until the end of last week, but its recovery is still constrained by the two-hour moving average EMA55. 

Yesterday, during the general excitement, whenliquid altcoins supported the growth of the cryptocurrency flagship, the price of XRP tried to break through the resistance of the average price level (0.233 USD), but until this morning it remained stuck at 0.230 USD. 

If today buyers can stillrecover above the moving average, then this week the pair will test the resistance of 0.310 USD. Otherwise – the price will return to the December low. 

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

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