BTC / USD
Last Saturday, buyers managed to form a powerful bullish impulse that broke through the resistance of 58,000.00 USD, and the price of Bitcoin tested the psychological level of 60,000.00 USD. By the end of the day, the bull run continued and the absolute maximum was recorded around the 61780.00 USD mark, and on the Binance exchange, the BTC price exceeded the 61800.00 USDT mark.
At night, the volume of purchases decreased, and the pair began to roll back to the level of 60,000.00 USD. On Sunday, the price balanced at this psychological level for a long time, but sales exceeded average volumes and were able to push the price back to the area of 59,000.00 USD.
If the growth is supported by volumes, then the absolute maximum can be expected in the area of 63000.00 USD.
The absence of rush demand will return the pair to the area of average prices. We believe that in this case, the two-hour moving average EMA55 can provide support and limit the depth of the rollback.
ETH / USD
On Saturday, the ether price recovered to the POC line and buyers tried to break through to the resistance of 1900.00 USD. This time the attempt was crowned with a monthly high around the 1943.00 USD mark.
However, trading activity decreased overnight and the pair rolled back below the resistance of 1900.00 USD. Sunday trading volumes did not exceed the average level, and the price consolidated in the area of 1850.00 USD.
At the beginning of this week, the bulls may try to increase volume and test the 2000.00 USD mark, but if a large buyer does not enter the market, then the price will not be able to continue its recovery.
Immediate support is at 1800.00 USD. We expect this strong support level to stop the pullback.
XRP / USD
Last weekend the XRP price was mainly in a sideways range. On Saturday, under the influence of the optimistic mood of the crypto market, the pair managed to briefly leave the blue channel, but on Sunday the price returned to the sideways range.
We believe that at the beginning of this week such price dynamics will continue.
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