Bitcoin, Ethereum, XRP price analysis on 01/14/2022

Today, buyers will try to restore prices to yesterday's resistance levels.

BTC / USD

Yesterday inDuring the day, buyers tried for a long time to break throughresistance is around 44000.00 USD. In the evening, a weak bullish impulse was able to pierce this level, but the bears responded with large volumes of sales, and by the end of the day the price of Bitcoin rolled back below the two-hour EMA55. 

The fifty percent Fibonacci level (42447.61 USD) was able to keep the pair from a deep rollback. Until this morning, the couple was in a rather narrow side corridor. 

If today buyers are able to return to the resistance of 44000.00 USD, then until the end of the week the bulls will continue to try to grow to the target level of 46000.00 USD. 

If the bears break through the support of the 50% fibo (42447.61 USD), then the rollback will continue to the level of 41700.00 USD. 

ETH / USD

Yesterday buyers tried to overcomeresistance 3400.00 USD. However, after the price of Ether broke through this green level, the bears increased their pressure and pushed the price below the two-hour EMA55. The local minimum is visible around 3224.00 USD. 

Over the past night, the couple moved into the areamoving average EMA55. If buyers are able to return the ETH price to yesterday's resistance area of ​​3400.00 USD, then before the weekend there will be a possibility of a breakout to the level of 3800.00 USD. 

Otherwise, if bearish sentiment dominates the market, sellers will push through the support of 3200.00 USD, and the price will roll back to the 3100.00 USD mark.

XRP / USD

Yesterday, the XRP price tried to break out several timesresistance was 0.800 USD, but all attempts were unsuccessful and by the end of the day the pair rolled back below the average price level. At night the minimum point – 0.761 USD. 

This morning the pair has slowly recovered to the two-hour EMA55. We believe that after a short-term narrow consolidation, the bulls will try to return the price to the resistance of 0.800 USD.

* All prices are based on BitStamp data

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