Analysis Of Prices For Btc, Eth, Xrp (04/26/21)

BTC / USD

On Sunday, BTC price consolidated within the small pink triangle. Late in the evening, the false bearish impulse broke through the lower border of the narrowing range and set a local low around the 47000.00 USD mark.

The price bounced from the low point tonight and recovered to the yellow level of 51600.00 USD. If the pair manages to hold above this level during the day, the recovery will continue to the orange level of 53,400.00 USD.

ETH / USD

Yesterday in the morning, the Ethereum price pierced the 2-hour EMA55, but the growth was not supported by large volumes and by the end of the day sellers returned the pair to pink support.

A rather strong bullish momentum broke through the resistance of the EMA55 moving average tonight and forced the ether price to test the lower border of the ascending channel. In the morning, the volume of purchases decreased and the blue trend line does not allow the price to recover into an upward corridor.

We believe that today the pair will return to the area of ​​average prices in order to prepare a foothold for a breakout of the trend line.

XRP / USD

Yesterday, buyers tried to retrace the XRP price to the 1,200 USD resistance area. In the evening, the two-hour EMA55 turned the pair downward and the pair broke through the pink support in a steep pullback, setting a local minimum at 0.942 USD.

Over the night, the pair quickly recovered to the area of ​​average prices, but further growth, as before, is held back by the EMA55 moving average. If the bulls break through this resistance, then the growth will continue to the area of ​​1.315 USD.

You may also like

USA
Markets
Joshua

USA

The ISM manufacturing PMI remained in contraction territory below 50 in April. The dollar index remains in positive territory about