BTC / USD
Yesterday in the morning, the Bitcoin price recovery continued to the resistance of 48000.00 USD. In order to break this level, the bulls formed an impulse exceeding the average buying volume. As a result, the pair has consolidated above the upper border of the wide side channel, in which it has been since the middle of last week.
The trading volumes were below average tonight, but buyers were able to test the psychological 50,000.00 USD mark. If buyers continue to dominate, then the growth will continue to the area of 52,000.00 USD.
If sellers build a strong defense at the 50,000.00 USD line, the pair will return to the average price area, to the two-hour EMA55.
ETH / USD
Yesterday morning, moving in sync with the cryptocurrency flagship, the Ethereum price overcame the resistance of 1500.00 USD and consolidated above the two-hour moving average EMA55. At night, on average volumes, buyers managed to test the resistance of 1600.00 USD.
If the volume of purchases continues to grow today, the recovery will continue to the 1700.00 USD mark.
Lack of support from large buyers – will lead to a rollback to the area of average prices.
XRP / USD
On the first spring day, the positive sentiment of the participants in the entire crypto market did not help the XRP price break through the upper border of the blue range. Buyers pierced the resistance of 0.450 USD, but the pair still remains in a narrow sideways channel. Low trading volumes will contribute to the continued consolidation of the pair below the four-hour EMA55.
Today, large buyers may again try to break through the upper border of the corridor and gain a foothold above the level of average prices.
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