The pair recovered to the mid-range yesterday. Will buyers be able to continue recovery today to the nearest resistance levels?
BTC / USD
Yesterday morning, despite the rather modest volumespurchases, the BTC / USD pair was able to recover to the area of average prices. The second half of the day, the bitcoin price spent in a narrow consolidation, right on the line of the three-hour EMA55, and at night the bulls tried to form an impulse to break through the resistance of the 38.2% fibo level (37150.24 USD).
It was not possible to significantly increase the volume, and bythis morning the price returned to the moving average EMA55. If during the day buyers cannot find support in the area of average prices, then yesterday's forecast for a pullback to the psychological level of 30,000.00 USD remains, as before, relevant.
ETH / USD
Sales volumes fell yesterday morning and the priceEthereum managed to gain a foothold above the POC line (2330.17 USD). In the afternoon, the pair broke through the moving average EMA55, but small buy volumes did not allow the ether price to test the resistance of 2800.00 USD.
This morning the couple is recoveringhas slowed down and the price may return to the three-hour EMA55. If the level of average prices does not stop the bears, then the pair will roll back to the psychological level of 2000.00 USD.
XRP / USD
Yesterday in the morning, buyers managed to form a strong enough bullish momentum to break through the resistance of the EMA55 moving average and test the psychological level of 1.00 USD.
In the afternoon, buying volumes dropped and XRP was stuck in the sideways right at the $ 1 / coin mark.
At night, buyers tried to continue the recovery and tested the level of 1.100 USD. However, the growth was not supported by large volumes and, most likely, today the pair will roll back to the area of average prices.
If the three-hour EMA55 stops the decline, then the recovery may continue to the level of 1,200 USD.
* All prices are based on BitStamp data
Subscribe to ForkNews on Telegram