Market capitalization recovered above the psychological mark of $2 trillion. Will buyers be able to continue market recovery or again give the initiative to the bears?
BTC / USD
Yesterday in the morning the price of bitcoinfixed above 50% fibo (42447.61 USD), and by the end of the day was able to test the level of 44000.00 USD. The daily high was fixed at 44 337.00 USD.
Tonight, the volume of purchases decreased and growthpaused. During the day, a rollback to the two-hour EMA55 is possible. If the sellers do not return the pair below the average price level, then the recovery will continue to the resistance of 46000.00 USD.
ETH / USD
The price of Ethereum fixed yesterday above the level of 3200.00 USD. At the end of the day, the pair tested the green resistance of 3400.00 USD.
Over the past night, the price of ether rolled back to the areamarks 3300.00 USD. The pullback took place on declining volumes, so we can assume that this morning the buyers will try to continue the growth and break through the resistance of 3400.00 USD.
For further recovery, it is very important that the pair consolidates above this green level. Then you can count on growth to the area of 3800.00 USD.
XRP / USD
Yesterday, the XRP/USD pair consolidated above the average price level. During the day, the recovery continued to the resistance of 0.800 USD.
Until now, the price of Ripple has not been able to break throughthis level. Perhaps, after a rollback to the two-hour EMA55, buyers will again try to break through to the POC line (0.827 USD) today. A positive signal will be the pair's consolidation in a narrow sideways range on the Point Of Control indicator line.
* All prices are based on BitStamp data
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