September 26, 2022

Analysis of prices of Bitcoin, Ethereum, Ripple for 03.02.2021

Analysis of prices of Bitcoin, Ethereum, Ripple for 03.02.2021

Ethereum price has reached an all-time high around 1550.00 USD, while Bitcoin price may return to resistance at 40,000.00 USD.

BTC / USDAnalysis of prices of Bitcoin, Ethereum, Ripple for 03.02.2021

Yesterday, the moving average EMA55 kept the price of BTCfrom the pullback to the POC line, and the pair's recovery continued. By the end of the day, the bitcoin price tested the resistance of 36000.00 USD. Buyers are trying to break this level this morning.

If the volume of purchases can be increased, thenbuyers will be able to break through to the next milestone at 37300.00 USD. Fixing the price above the level of 36000.00 USD will allow the bulls to return to the resistance zone of 40000.00 USD by the end of the week.

ETH / USDAnalysis of prices of Bitcoin, Ethereum, Ripple for 03.02.2021

Yesterday, the Ethereum price continued to rise, and by the end of the day, buyers broke through the psychological mark of 1500.00 USD.

The historicthe maximum is around 1550.00 USD. Growth may continue in the morning. In this case, during the day, the pair will top in the area of ​​$ 1600.00 per coin.

On the daily time frame, the Stoch RSI indicator is not yethas reached the overbought zone, so after a small pullback, the bull run will continue, and the pair may test the level of 1700.00 USD before the end of this week.

XRP / USDAnalysis of prices of Bitcoin, Ethereum, Ripple for 03.02.2021

The Ripple price yesterday could not overcome the resistance of 0.400 USD and spent the whole day in a narrow sideways range with support around the 0.350 USD mark.

Will the bulls continue to pump Ripple andto return the pair above the psychological level of 0.500 USD? There is a necessary tool for this! But how long can the price stay above fifty cents? It is now impossible to predict the answers to these questions for sure.

Aside from the fundamentalanalysis and judging by technical indicators, in the second half of this week the price growth may continue to the 0.650 USD area with a subsequent rollback to the support of USD 0.580.

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

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