September 19, 2021

Analysis of prices for Bitcoin, Ethereum, XRP for 09/14/2021

Analysis of prices for Bitcoin, Ethereum, XRP for 09/14/2021

Buyers are still unable to restore the market above the average price level.

BTC / USDAnalysis of prices for Bitcoin, Ethereum, XRP for 09/14/2021

Yesterday morning the BTC price rolled back to the 44100.00 USD mark.In the afternoon, buyers tried to overcome the resistance of the two-hour EMA55 and test the 61.8% fibonacci level (47745.68 USD). It should be noted that the attempt turned out to be rather weak, and the daily maximum was recorded at the point of 46895.82 USD.

Sellers responded with a tough bearish impulse, which pushed the price back to the local low of 43400.00 USD, and overnight the pair recovered again to the level of 45000.00 USD.

Increased pressure from bears is possible today. In this case, the pair will test the 50% Fibonacci level (42447.96 USD).

On the other hand, attempts by buyers to break through the resistance of the 2-hour EMA55 could lead to a recovery above the POC line (46367.41 USD).

ETH / USDAnalysis of prices for Bitcoin, Ethereum, XRP for 09/14/2021

Yesterday support was 3200.00 USD tried to limit the onslaught of bears, but sellers were able to pierce it and mark the daily low at 3111.00 USD. It did not work to gain a foothold in the minimum zone and the ETH price recovered to the 3300.00 USD mark.

The recovery was sluggish, at low volumes.For a week, buyers have not been able to break through the resistance of the two-hour moving average EMA55. If the bulls form a powerful impulse today, the pair will consolidate above the average price level, using the support at 3400.00 USD.

XRP / USDAnalysis of prices for Bitcoin, Ethereum, XRP for 09/14/2021

The result of yesterday's pressure from sellers was the daily low at 1.023 USD. The bears have not yet succeeded in dropping the price below the psychological level of 1.00 USD.

Over the past night, the couple tried to recover,but the XRP price could not get close to the two-hour EMA55. We believe that consolidation in the narrowing sideways range will continue today. At the top, the range will be limited by the descending moving average EMA55, and at the bottom - by the support of 1.00 USD.

* All prices are based on BitStamp data

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