Analysis of the prices of Bitcoin, Ethereum, XRP for 01/04/2022

Buyers yesterday were unable to restore the market above the average price level. Will they be able to resist today?bear onslaught?

BTC / USD

Yesterday, the BTC price was unable to overcome the resistance of the two-hour EMA55 and again rolled back to the support of 46000.00 USD. 

Tonight the price tested the area of ​​December lows, but remained above forty-six thousand dollars until the morning. 

Intensifying bearish pressure and breaking through blue support will lead to the implementation of our negative scenario, in which the Bitcoin price will roll back to the 50% fib level (42447.61 USD). 

ETH / USD

Sellers dominated the market yesterday afternoon. They broke through the support of the two-hour EMA55 and tested the level of 3700.00 USD. 

If today during the day buyers are unable to return the pair above the level of average prices, the decline will continue to the level of 3600.00 USD, and in the near future it will reach support at 3400.00 USD.

XRP / USD

Yesterday morning, buyers were unable to restore the XRP price above the two-hour EMA55. Despite pressure from sellers, the pair was able to stay on the POC line (0.828 USD). 

However, if the onslaught of bears intensifies today, they will roll back the Ripple price to the support of 0.800 USD.

* All prices are based on BitStamp data

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