May 1, 2024

Analysis of prices for Bitcoin, Ethereum, XRP for 06/26/2021

Analysis of prices for Bitcoin, Ethereum, XRP for 06/26/2021

Buyers were unable to keep the Bitcoin price in the area of ​​average prices. By the end of the week it is possible to update the annualminimum.

BTC / USDAnalysis of prices for Bitcoin, Ethereum, XRP for 06/26/2021

Yesterday morning the buyers still couldn'ttest the purple resistance 36000.00 USD, and the rollback from the local maximum point was quite deep. In the evening, the pair tested weak support at 32500.00 USD, and at the end of the day, sellers set a low at 31500.00 USD. 

At night, the decline continued to the area of ​​31270.00 USD, and only this morning the price of Bitcoin was able to recover above the level of 32000.00 USD. 

Recovery is not supported by large volumes,but it can still continue to the area of ​​32500.00 USD. Further, a decline should be expected, which will break through the 23.6% Fibo level, and at the end of the week the BTC price will again test the psychological mark of 30,000.00 USD.

ETH / USDAnalysis of prices for Bitcoin, Ethereum, XRP for 06/26/2021

Yesterday morning the pair was unable to gain a foothold above the psychological level of 2000.00 USD and during the day the price of ETH rolled back into the blue corridor. 

Late in the evening, buyers tried to pull the price out of this side corridor, but failed to break through its upper limit of 1860.00 USD. 

There was a major spike in the market tonightvolumes were 13 times higher than the average trading level, while the price of ether dropped below 1800.00 USD. In the morning, volumes have decreased and buyers are testing the upper limit of the sideways range for strength. 

By the end of the week, a rollback to the lower border of 1735.00 USD is expected. If bearish pressure intensifies, a rollback to support at 1660.00 USD is possible. 

XRP / USDAnalysis of prices for Bitcoin, Ethereum, XRP for 06/26/2021

Yesterday morning, the intense decline in the XRP price did not allow buyers to test the orange level of 0.700 USD. As a result of the pullback, the pair returned to the 0.600 USD area. 

Buyers this morningwill try to test the upper border of the downward channel, but will not be able to break through the red line of the downtrend. At the end of the week, we should expect a re-test of the green support at 0.500 USD. 

* All prices are based on BitStamp data

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