January 27, 2022

Analysis of prices for Bitcoin, Ethereum, Ripple for 01/25/2021

Analysis of prices for Bitcoin, Ethereum, Ripple for 01/25/2021

Last night, the price of Ethereum reached its all-time high around 1470.00 USD, and Bitcoin is trying to break through above the level of average prices.

BTC / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/25/2021

On Saturday, Bitcoin traded at low volumes, and the pair hovered sideways in the support area of ​​32600.00 USD.

On Sunday, at the end of the day, the sellers were able toto test the 31000.00 USD level, but tonight the price bounced above the resistance of 32600.00 USD. Further recovery is hindered by the two-hour moving average EMA55.

This morning, buyers will try to increase their purchases and overcome the average price level. In this case, the recovery will continue to the resistance of 36000.00 USD.

If the trading volumes remain below the average level, then sellers will be able to maintain dominance in the market and at the beginning of the week will roll back the pair below the psychological support of 30,000.00 USD.

ETH / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/25/2021

Last Saturday Ethereum priceconsolidated in the area of ​​average prices. On Sunday night, buyers managed to form a bullish impulse, which restored the ether price to the resistance area of ​​1350.00 USD. The bulls broke through this level tonight, renewing the all-time high at 1476.06 USD.

Recall that the absolute maximum price of ETHreached in January 2018 around 1420.00 USD. If today the pair is able to gain a foothold in the high zone, then the bullish run may continue to the area of ​​1530.00 USD.

If, in the zone of the maximum, the volume of sales begins to grow, then the price will return to the support of 1250.00 USD.

XRP / USDAnalysis of prices for Bitcoin, Ethereum, Ripple for 01/25/2021

Over the past weekend, the price of Ripple could not overcome the resistance of 0.280 USD, and the pair did not manage to gain a foothold in the already familiar sideways range of $ 0.280 - $ 0.310 until the end of last week.

At the beginning of this week, attempts to break through the lowerthe border of the corridor will be repeated, but it will not be possible to achieve significant recovery on small volumes. If the bears resume the onslaught, the pair will roll back below the POC line (0.229 USD).

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

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