March 29, 2024

Analysis of prices for Bitcoin, Ethereum, Ripple for 01/14/2021

Analysis of prices for Bitcoin, Ethereum, Ripple for 01/14/2021

Today, the recovery dynamics of the market may continue to the nearest resistance levels.

BTC / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/14/2021

Yesterday morning, buyers recovered the BTC price to the hourly EMA55 area, and this moving average restrained the pair's recovery dynamics in a narrow sideways range until the evening.At the end of the day, the bulls managed to break through the resistance of the average price level and continue to growabove the level of 36000.00 USD. 

Buyers got re-tested tonightresistance 38000.00 USD, which suspended the dynamic recovery of the pair. In the morning, a slight pullback to the 36000.00 USD area is expected, but if this level acts as a support, the bulls will be able to continue recovering to the USD 40,000.00 resistance area.

ETH / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/14/2021

Yesterday, trading on the ether took place on medium volumes and the pair could not overcome the resistance of the hourly moving average EMA55 until the evening, moving sideways.Late in the evening, the bullish momentum of the cryptocurrency flagship pulled the prices of liquid altcoins above the average price level. 

Over the past night, the ETH/USD pair tested the resistance of 1150.00 USD and rolled back slightly in the morning.Possibly, today the EMA55 will hold the price of a deep pullback and continue recovering towards 1200.00 USD. 

XRP / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/14/2021

Yesterday, the price of XRP consolidated in a sideways corridor of $0.280 – $0.310.After retesting the upper border of the corridor, the pair returned to the support of 0.280 USD.Trading volumes on Ripple are gradually decreasing, and today the movement in the designated sideways trend will continue. 

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

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