BTC / USD
Yesterday, early in the morning, the BTC price rolled back to the hourly EMA55 level and, having found support there, buyers began to restore the price to the January high zone. By the middle of the day, the volume of purchases made it possible to overcome the 40,000 mark and continue the bull run.
In the afternoon, the absolute maximum was set at 42000.00 USD, after which a new wave of selling pulled the pair back to the unchanged support in the form of the hourly moving average EMA55, which took place at around 38000.00 USD.
Until this morning, the pair recovered only to the resistance of 40,000.00 USD, the trading volumes decreased, and the price cannot continue to recover to the zone of the renewed January maximum. We assume that the pair will spend the first half of the day in sideways consolidation with support at the level of average prices.
If by the end of the week the bears push the moving average, then a re-test of the 36300.00 USD support is possible.
ETH / USD
Yesterday morning, a rather deep pullback of the ETH / USD pair (below EMA55) did not allow buyers to continue the growth of the ether price to a new January maximum.
The recovery got stuck around the 1275.00 USD mark and before the end of the day, sellers again brought the ETH price back below the hourly moving average.
Over the past night, the pair was able to recover above average prices, but trading volumes are low and it looks like a narrowing sideways range is forming.
XRP / USD
Yesterday, buyers made great efforts to pull the pair out of the $ 0.280 – $ 0.310 sideways channel. During the day, they managed to test the level of 0.345 USD, but by the end of the day the XRP price still rolled back to the upper border of the sideways range of 0.310 USD.
If the bears push through this support today, the pair will roll back to the two-hour moving average EMA55, which is around the 0.280 USD mark.
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