May 4, 2024

Analysis of the prices of Bitcoin, Ethereum, XRP for 12/13/2021

Analysis of the prices of Bitcoin, Ethereum, XRP for 12/13/2021

At the end of last week, none of the three pairs were able to gain a foothold above the average price level. Today attemptshold above the two-hour EMA55 will be repeated.

BTC / USDAnalysis of the prices of Bitcoin, Ethereum, XRP for 12/13/2021

Last weekend, shoppers triedrestore the Bitcoin price above the two-hour EMA55 level. On Saturday evening, the pair tested the moving average EMA55 and tried to stay above it for quite a long time, but the movement took place in a narrow sideways pattern right at the level of average prices. 

On Sunday evening, shoppers were ableovercome the psychological barrier of 50000.00 USD, but the price could not stay in the area of ​​the local maximum of 50800.00 USD. As of this morning, the bears have returned the price below the two-hour EMA55. 

Today, the bulls may try to repeat the breakout of the average price level in order to gain a foothold in the resistance area of ​​53400.00 USD. 

ETH / USDAnalysis of the prices of Bitcoin, Ethereum, XRP for 12/13/2021

Ethereum price remained sideways over the weekendconsolidation with support at the psychological level of 4000.00 USD. On Sunday evening, buyers made a weak attempt to break above the average price level, but were unable to gain a foothold above the level of 4100.00 USD. By the beginning of this week, the price again rolled back to the orange support area of ​​4000.00 USD. 

Today, the breakout may be repeated, and if buyers overcome the resistance of the two-hour EMA55, then the price of ether may test the resistance of 4300.00 USD. 

XRP / USDAnalysis of the prices of Bitcoin, Ethereum, XRP for 12/13/2021

Late last week, the XRP price failedconsolidate above the level of two-hour EMA55. Over the weekend, a local maximum was established around 0.857 USD, but currently the pair is still below the average price level. 

If the next attempt by the bulls turns out to be more successful, and the price of Ripple remains above EMA55, then growth will continue to the resistance area of ​​0.960 USD. 

* All prices are based on BitStamp data

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