Analysis of prices for BTC, ETH, XRP (05/21/21)

BTC/USD

Yesterday morning, the BTC price headed for a recovery and in the second half of the day the pair tested the fifty percent Fibonacci level. Trading volumes are below average and buyers cannot yet overcome the 50% fibo (42447.96 USD).

If today the bulls can form a powerful impulse, then the pair will consolidate above the level of average prices. If it is not possible to increase the volume, then the bitcoin price will gradually roll back to the support of 38.2% fibo (37150.24 USD).

ETH / USD

Support at the level of 2200.00 USD was able to stop the fall in the Ethereum price and during the day the pair recovered to the area of ​​three thousand dollars.

The purple line of the local down-trend prevents the continuation of growth. If buyers increase volumes today, a breakout above the average price level is possible. But it is not yet clear whether the ether price will be able to stay in the area of ​​the two-hour EMA55 after that.

XRP/USD

Yesterday morning, the process of recovery of the XRP / USD pair began and in the second half of the day, buyers managed to pierce the red line of the down trend. Buyers tried to test the yellow level of 1.315 USD, but by the end of the day sellers returned the pair to the descending channel, below the red trend line.

If the bearish pressure increases, the pair will return to the psychological level of 1.00 USD

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