April 19, 2024

Analysis of prices for Bitcoin, Ethereum, Ripple for 01/15/2021

Analysis of prices for Bitcoin, Ethereum, Ripple for 01/15/2021

Yesterday, buyers recovered the price of Bitcoin to the resistance of 40000.00 USD.To the New Absolutemaximum.

BTC / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/15/2021

Yesterday morning, buyers stopped the pullback around 36700.00 USD and were able to continue the BTC price recovery to the resistance at 40000.00 USD.In the second half of the day, the pair tested this level and rolled back to the support of 38000.00 USD. 

Today, in the morning, declinewill continue to the hourly EMA55, but we believe that buyers can count on support in the area of ​​average prices. In this case, the rise in the price of Bitcoin to the January high zone will soon resume, and before the end of this week, the bull run will lead to new historical highs.

ETH / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/15/2021

Yesterday, in the first half of the day, the hourly EMA55 stopped the pullback of Ethereum prices, and the pair's recovery continued to the resistance area of 1200.00 USD.In the evening, buyers tested this level, and tonight they set a local high at 1255.00 USD. 

We believe that after a slight pullback, buyers will be able to continue the recovery of the ether price to a new resistance level, which can be seen around the level of 1280.00 USD.

XRP / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/15/2021

Yesterday, trading volumes on Ripple were at a low level and the consolidation of the pair continued, and the range of price fluctuations narrowed to the two-hour moving average EMA55. 

If at the end of this week the cryptocurrency flagship continues to grow, it will be able toThen the XRP/USD pair will leave the sideways range limited by the strong resistance at 0.310 USD and test0.340 USD. 

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

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