Analysis of the prices of Bitcoin, Ethereum, XRP for 10/15/2021

Today the bulls have already managed to break through the resistance of 58000.00 USD and set a new monthly high at the point of 60,000.00 USD.

BTC / USD

During the day yesterday, buyers systematicallytried to break through the key resistance 58000.00 USD, but by the end of the day they were unable to break into the zone of the October maximum 58550.00 USD already marked this week. 

Tonight, after a slight pullback,Buyers once again stormed this resistance, forming a bullish impulse. The growth was supported by fairly large volumes, and the price of Bitcoin broke through the impregnable line. In the morning, the maximum was set at the psychological  mark of 60000.00 USD. 

We believe that after a re-test of the psychological level, the bears will try to return the price to the level of 58000.00 USD. 

ETH / USD

Yesterday afternoon, buyers were able to increase their purchase volumes, and the price of Ethereum soared above the highs of October and September. 

In the evening the pair set a new monthly high ataround the 3825.00 USD mark, and this morning buyers tested the 3840.00 USD mark, after which trading volumes decreased and growth slowed down. 

We believe that in this area the price of etherconsolidating in a sideways range. At the same time, the sideways trend will not last long, and if the bulls try to continue the run, then a breakout of the level of 3900.00 USD is possible. 

If it is not possible to form a bullish impulse, then the pair will return to the area of ​​3600.00 USD. 

XRP / USD

Yesterday, after the level 1 re-test.140 USD, the XRP price was unable to continue rising and consolidated sideways. Tonight the bears tried to push the pair into the area of ​​average prices, but failed to break through the four-hour EMA55. 

In the morning, the Ripple price returned to level 1.140 USD and will try to continue its growth during the day. Today, growth to the area of ​​1,200 USD looks plausible, but for this, the cryptocurrency flagship should demonstrate positive dynamics above the psychological mark of 60,000.00 USD.

* All prices are based on BitStamp data

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