Bitcoin, Ethereum, XRP price analysis on 05/26/2020

Yesterday the pairs tried to recover to the area of ​​average prices. Will buyers be able to continue today?recovery?

BTC / USD

Yesterday, during the day, trading volumes were rareexceeded the average level. There was no strong selling pressure and the pair was able to consolidate in the area of ​​the POC line (8858.55 USD). 

At the end of the day, on small volumes, buyers tried to recover to the 9000.00 USD mark, but were unable to test this level. 

The pullback was short, and the pair was able to stay higherPoint Of Control lines. If today buyers continue to buy in the same small volumes, then the recovery will be limited by the level of the two-hour EMA55, and if volumes increase, the pair may test the resistance of the 38.2% fib (9441.99 USD). This resistance will turn the pair into a rollback to the POC line (8858.55 USD). 

ETH / USD

Yesterday, trading volumes did not exceed the average level and the ETH/USD pair slowly recovered to the two-hour EMA55. 

Until this morning, the price of ether could notbreak above the resistance of this moving average, but a short pullback may indicate that the recovery may continue to the POC line (208.18 USD). 

However, we believe that sellers will soon seize the initiative and return the pair to the support of 200.00 USD. 

XRP / USD

Yesterday, buyers tried to restore the Ripple price to the two-hour EMA55 area. Until the end of the day, the pair did not manage to test this level of average prices and rolled back to the POC line (0.195 USD). 

If recovery attempts continue, they will be limited by the upper boundary of the descending purple channel. 

Low activity of market participants willcontribute to the XRP price consolidating in the area of ​​the Point Of Control line (0.195 USD), and the activity of sellers will lead to a rollback to the area of ​​0.188 USD. 

* All price values ​​are based on data from the BitStamp exchange