Analysis of the prices of Bitcoin, Ethereum, XRP for 09/16/2021

Yesterday the market continued to recover and reached the nearest support levels. Will prices be able to gain a foothold abovethem?

BTC / USD

Yesterday in the morning the price of Bitcoinconsolidated around the 47000.00 USD mark, and in the afternoon the bulls broke through the 61.8% fib level (47745.68 USD) and marked a weekly high at 48455.00 USD. 

At night, the growth stopped and the pair consolidated until the morning.in a sideways range above the 61.8% Fibonacci level. If sellers are unable to push prices below this level, then today the growth will continue to the area of ​​49600.00 USD.

ETH / USD

Yesterday, the price of Ethereum found support at the level of 3400.00 USD and by the end of the day rose to the area of ​​3600.00 USD, and at night it set a weekly high around 3620.00 USD. 

This morning the pair rolled back below the level3600.00 USD, and in the first half of the day it may continue to decline towards weak support in the area of ​​3530.00 USD. If this support can stop sellers, then the price of ether will recover to the 3730.00 USD zone. 

XRP / USD

Yesterday, buyers were able to achieve a re-test of the POC line (1.119 USD) and continue to grow to the daily high at 1.130 USD. 

At night, the XRP / USD pair sank and returns in the morningin the area of ​​average prices. If today the two-hour EMA55 limits the pullback, then the moderate growth will continue to the 1.150 USD area. If buyers increase in volume, then the pair may reach a maximum at around 1,200 USD.

* All prices are based on BitStamp data

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