Analysis of prices for Bitcoin, Ethereum, XRP for 09/06/2021

The Bitcoin price slowed down its growth rate, but was able to update the monthly high around the 52,000.00 USD mark.

BTC / USD

INOn Saturday, the price of Bitcoin consolidated in a sideways range around the 50,000.00 USD mark, and on Sunday, after a retest of the EMA55 moving average, the bulls went on the attack. 

By the end of the day they managed to break above the three-month high, and tonight the September high is set in the area of ​​52000.00 USD. 

Trading volumes were above average, but a couplewas unable to test the target orange mark of 53400.00 USD. Today the bulls will try to overcome the resistance of 52000.00 USD, and if successful, they will continue the race to the forecast level of 53400.00 USD. 

ETH / USD

Last weekend, the price of Ethereum failedcontinue to grow. On Saturday, the pair rolled back to the support area of ​​3830.00 USD, and on Sunday it tried to recover to the psychological level of 4000.00 USD, but so far has not been able to break above this strong resistance. 

If today the bulls are unable to overcome this key level, the pair may roll back to the support of 3780.00 USD. We expect. that in the area of ​​the two-hour EMA55 the decline may slow down.

XRP / USD

Last Saturday, the XRP price retreated to the two-hour EMA55. On Sunday, buyers found support in the area of ​​average prices and restored the pair to the summer maximum zone. 

However, the growth was not supported by large volumes and the price was never able to test the three-month high at 1.350 USD. 

This morning, a slight decline in the price of Ripple is seen, and if it does not stop around the 1.300 USD mark, the pair will again roll back to the area of ​​average prices.

* All prices are based on BitStamp data

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