January 23, 2021

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

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

Last On Saturday, the price of bitcoin broke through the psychological level of 30,000.00 USD, and on Sunday, the absolute maximum was set at 34,800.00 USD.

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

ETH / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/04/2021

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

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

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

Трудно сказать до какого уровня будет продолжаться взрывной рост, но мы полагаем, что на этой неделе он ограничится на рубеже 1200.00 USD, после чего цена может откатится в область 800.00 USD.

XRP / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/04/2021

Until the end of last week, the Ripple price managed to stay above the 0.213 USD level, but its recovery is still held back by the two-hour moving average EMA55.

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

If buyers can stillto recover above the moving average, the pair will test the resistance of 0.310 USD this week. Otherwise, the price will return to the area of ​​the December minimum.

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

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