Analysis of the prices of Bitcoin, Ethereum, XRP for 04/01/2021

Today the bulls will intensify their pressure and continue their race towards the 66000.00 USD mark.

BTC / USD

Yesterday morning the bulls triedrestore the price of Bitcoin to the monthly zonemaximum. As soon as the price began to approach the resistance at 60000.00 USD, sellers entered the market with quite large sales. As a result, the price of BTC rapidly fell to the area of ​​56700.00 USD and tested the two-hour EMA55. 

The level of average prices stopped the fall, and in the second half of the day the pair was able to recover above the support of 58400.00 USD, consolidating above it in a narrow consolidation.  

Today the bulls will break through the resistance of 60000.00 USD and will update the absolute maximum around 66000.00 USD. Until the end of the week, the bullish run will continue and the Bitcoin price will test the level of 100000.00 USD. 

ETH / USD

Ethereum price failed to overcome yesterday morningresistance 1860.00 USD, which turned the pair into a pullback. During the day, the price rolled back below the POC line (1800.89 USD), but the bulls quickly seized the initiative and pushed the price of ether beyond the wide sideways range until the end of the day. 

At night, buyers easily broke through the resistance of the upper border of the blue corridor and set a weekly high around 1937.00 USD. 

Today, growth will continue to a new absolute maximum, which will be set at 2200.00 USD. This coming weekend, the price of ETH will reach the psychological level of 3000.00 USD. 

XRP / USD

Yesterday, after a rollback to the area of ​​average prices, the pair was able to recover to the previous level, and this morning the XRP price tried to test the resistance of 0.600 USD. 

Another attempt was unsuccessful, and soon the price will roll back below the psychological level of 0.500 USD. 

According to preliminary information, today there will beconsider delisting the asset from seven major cryptocurrency exchanges. This could lead to a price drop below a historical low and a decrease in capitalization to $1 billion, which would push Ripple to 94th place in the CoinMarketCap ranking.  

In conclusion, I would like to thank all of ourreaders for their interest in the news of our site. Thank you for reading us! We congratulate everyone on the first day of April and wish you a good mood. Let a healthy sense of humor help maintain optimism, good spirits and sobriety of thought! We love you! 

* All prices are based on BitStamp data

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