Analysis of prices for Bitcoin, Ethereum, Ripple for 01/18/2021

Over the past weekend, the price of Bitcoin failed to gain a foothold above the average level, but earlier this week, attempts were madebreak through to the resistance of 40,000.00 USD will be repeated again.

BTC / USD

Last weekend, the bears pushed through the support of 36000.00 USD and tested the level of 34000.00 USD.Yesterday, in the afternoon, buyers tried to restore the price, but could not stay above the hourly EMA55. 

Today, attempts to gain a foothold above the average price level will be repeated, but if the moving average fails to be broken, the pair will continue falling below the POC line to the support of 32600.00 USD. 

ETH / USD

Last Saturday, buyers managed to break through the resistance at 1250.00 USD, but it was not possible to continue the recovery until the end of the week.On Sunday, sellers pushed the pair below the level of average prices, and by the end of the day, buyers failed to restore the price of ETH to its previous level. 

Trading volumes decreased tonight and the pairis trying to hold on to the hourly EMA55, but in the morning the bearish pressure may increase, then the ether price will test the level of 1150.00 USD. If the bears fail to break the support of 1120.00 USD, then earlier this week the bulls will try to organize a full-scale recovery in the zone of January highs.

XRP / USD

On Saturday, the price of XRP tried to gain a foothold in the sideways corridor of $0.280 – $0.310, but the two-hour moving average turned the pair to decline and the lower border of the corridor could not stop the pullbackto the area of 0.270 USD. 

Yesterday, in the afternoon, the price recovered, but it is no longer possible to return to the sideways range.Kraken Exchange Suspends XRP Trading and If It Triggers New Bearish Momentum, A Drop Couldcontinue below the support at 0.260 USD. 

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

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