Analysis of prices of Bitcoin, Ethereum, Ripple for 02.02.2021

Bitcoin price has consolidated in the area of ​​average prices, and the ETH/USD pair is aiming for a new historical maximum in the areamarks $ 1500

BTC / USD

Bitcoin price recovered higher yesterdayresistance 34000.00 USD. In the second half of the day, sellers tried to push through the two-hour EMA55, but until the end of the day the pair was able to stay above the average price level. 

If today the moving average EMA55 keeps the price from falling to the POC line (32600.64 USD), then the recovery will continue to the resistance of 36000.00 USD. 

ETH / USD

Yesterday, buyers were able to continue to restore the price of ether and tonight the pair tested the level of 1400.00 USD. 

Today there is a high probability of a rollback to the areaaverage prices. If buyers receive support in the area of ​​the two-hour EMA55, then growth may continue to the area of ​​the historical maximum, and soon its value will be updated to the level of 1500.00 USD. 

XRP / USD

Yesterday morning, a powerful bullish impulse broke through the 0.500 USD resistance, and in the afternoon the XRP price was able to test the 0.755 USD mark. 

In the afternoon, the bears dropped the price by more than 50%. In the support area of ​​0.350 USD, the fall stopped and the pair consolidated. 

Now buyers are trying out level 0.400 USD, which limits further recovery of the pair. If you fail to break above this resistance, the pair will roll back to the support of 0.310 USD. 

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

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