Bitcoin, Ethereum, XRP price analysis for 09/15/2021

After a weekly decline, the market was able to recover above the average price level. Will growth continue until the end?weeks?

BTC / USD

Yesterday buyers were able to break through resistancetwo-hour EMA55 and restore the Bitcoin price above the POC line. Tonight volumes decreased, but the price continued to grow and came close to the 61.8% fib level (47745.68 USD). 

It should be noted that daily trading volumes were at an average level, and if the bulls manage to increase volumes, they will be able to break through the 61.8% fibonacci resistance. 

If sellers form a bearish momentum in this area, then the pair will roll back to the support of 46000.00 USD.

ETH / USD

Yesterday in the first half of the day the price of Ethereum was able torecover above the two-hour moving average EMA55. After lunch, the recovery continued on average volumes and in the evening buyers tested the green level of 3400.00 USD. Tonight the couple has overcome it and is trying to find support in the area. 

If the bears push the price of ether lower, the pair will return to the average price area. We believe that the moving average can limit the bearish onslaught and stop the pullback. 

If our forecast turns out to be correct and the market is able to stay above the average price level, then in the second half of the week the growth will continue to the area of 3600.00 USD. 

XRP / USD

The XRP/USD pair slowly recovered yesterdayarea of average prices. Tonight, buyers formed a weak bullish impulse and were able to break slightly above EMA55. Until the morning, the price had not yet tested the level of the weekly maximum of 1,100 USD. 

If sellers show resistance here, the price will roll back below the moving average EMA55. 

Strengthening the bullish onslaught will lead to a retest of the POC line (1.119 USD).

* All prices are based on BitStamp data

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