Analysis of the prices of Bitcoin, Ethereum, XRP for 05/26/2021

After a slight pullback, the pairs continue to remain in the area of ​​average prices.

BTC / USD

Yesterday morningbuyers were unable to get above three hoursEMA55, and the BTC price has retreated below the 38.2% fib (37150.24 USD). During the day, small sales volumes did not allow the bears to roll back the pair too deeply. 

In the afternoon, without waiting for the re-testsupport 36000.00 USD, buyers began to restore the price of BTC to the previous level and this morning the pair is again trying to consolidate above the moving average EMA55. 

If purchase volumes increase above the average level, the price will test the fifty percent Fibonacci level (42447.96 USD). 

ETH / USD

Yesterday in the morning the activity of participantsthe market was low, and the price of Ethereum was unable to exit the downward channel. Towards the evening, the bulls again attacked the upper border of the purple corridor, and late at night they managed to break through the resistance of the downward trend line. 

In the morning, the pair tested the resistance of 2800.00 USD and if large buyers support the growth, then today the price can test the psychological level of 3000.00 USD. 

 

XRP / USD

Yesterday morning, the XRP price rolled back to the 0.900 USD mark, and in the afternoon the pair began to recover. 

This morning customers were able to testpsychological level 1.00 USD. If the recovery continues, the pair will overcome the resistance of the red downtrend line and consolidate above the moving average EMA55. 

If it does not work out of the descending channel, then a rollback to the support of 0.860 USD is possible.

* All prices are based on BitStamp data

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