Analysis of prices for Bitcoin, Ethereum, XRP for 15.02.2021

Last week, the Bitcoin price failed to test the psychological mark of 50,000.00 USD. However, afterrollback growth will resume.

BTC / USD

Last Sunday, the bulls were able to overcomeresistance of 48000.00 USD and once again tried to test the target level of 50,000.00 USD. As a result, the bitcoin price renewed its absolute maximum around the 49715.00 USD mark, but until the end of the week it could not reach the psychological level “fifty thousands" 

Quite a strong bearish impulse tonightpulled the pair below the average price level, and sellers tested the support of 46000.00 USD. In the morning, the price rebounded from this support level and is consolidating around the two-hour moving average EMA55. 

If at the beginning of this week the bearish momentum is repeated, then the decline may reach 44,000.00 USD. If the level of average prices keeps the onslaught of sellers, the pair will recover to the area of ​​49000.00 USD.

ETH / USD

Last weekend the bulls were unable to continuerun above 1900.00 USD. On Saturday, the price of ether rolled back to the area of ​​average prices and all Sunday tried to gain a foothold above the two-hour EMA55. 

However, tonight the bears pushed through thisstrong support and set a local minimum at 1660.00 USD. In the morning, the price rebounded to the area of ​​1720.00 USD and is trying to continue recovering to the area of ​​the moving average EMA55. 

However, purchase volumes are still low, and the pressure from sellers may intensify. As a result, at the beginning of this week the pair may roll back to the support of the blue trend line (1560.00 USD). 

XRP / USD

Over the weekend, the XRP price was unable to stay above the 0.600 USD level and by the beginning of this week it rolled back below the four-hour EMA55. 

This level of average prices has so far suspendedthe pair is declining and does not allow sellers to test the psychological mark of 0.500 USD. However, today the bears may increase their pressure and return the coin price below fifty cents. 

If the psychological support at the level of 0.500 USD persists, then in the first half of the week, the pair will be able to recover to the zone of recent highs.

 

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

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