Analysis of the prices of Bitcoin, Ethereum, XRP for 04/26/2021

Today the Bitcoin price will consolidate above the average level and try to continue its recovery to the area of ​​53400.00 USD.

BTC / USD

On Sunday, the BTC price consolidated atwithin the small pink triangle. Late in the evening, a false bearish impulse broke through the lower boundary of the narrowing range and set a local minimum in the area of ​​47000.00 USD. 

Tonight the price rebounded from the low point andrecovered to the yellow level of 51600.00 USD. If during the day the pair can stay above this level, then the recovery will continue to the orange mark of 53400.00 USD. 

ETH / USD

Yesterday in the first half of the day, the price of Ethereum broke through the two-hour EMA55, but the growth was not supported by large volumes and by the end of the day, sellers returned the pair to pink support. 

Quite a strong bullish momentum tonightbroke through the resistance of the moving average EMA55 and forced the price of ether to test the lower boundary of the ascending channel. In the morning, purchase volumes decreased and the blue trend line does not allow the price to recover into an upward corridor. 

We believe that today the pair will return to the average price area to prepare a foothold for a breakout of the trend line.

XRP / USD

Yesterday, buyers tried to restore the price of XRPto the resistance area of ​​1,200 USD. In the evening, the two-hour EMA55 turned the pair downwards and the pair, in a steep retracement, broke through the pink support, setting a local minimum at 0.942 USD. 

Overnight the couple quickly recovered inarea of ​​average prices, but further growth is still restrained by the moving average EMA55. If the bulls break through this resistance, the growth will continue to the area of ​​1.315 USD. 

* All prices are based on BitStamp data

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