Analysis of prices for BTC, ETH, XRP (08.11.21)

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BTC/USD

Last Saturday, after a short-term consolidation, the bitcoin price tested the psychological support of USD 60,000.00, and by the end of last week it had recovered to the USD 63,000.00 area.

This week started off with explosive growth. Over the past night, the pair broke through the 100% Fibo resistance (64895.22 USD). If the bulls can continue the run, then the daily high is possible in the area of ​​68100.00 USD.

ETH / USD

On Saturday, the price of Ethereum fell back to support the four-hour EMA55, and on Sunday the pair fully recovered to the zone of the absolute maximum. The bulls continued their race tonight and reached the high of 4,740.00 USD.

Overnight growth was not supported by large volumes, but in the first half of the day it may still continue to the area of ​​4810.00 USD.

After updating the maximum, a rollback to the area of ​​average prices is possible.

XRP/USD

Last weekend the XRP price tested the 1.100 USD support and recovered to the area of ​​the monthly high. The beginning of this week was marked by the renewal of the November maximum in the area of ​​1.296 USD.

We believe that today the pair will be able to break through the target level of 1.300 USD.

* All prices are based on BitStamp data

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