BTC / USD
Yesterday, buyers failed to increase volumes and the BTC price was unable to test the target level of 60,000.00 USD. In the first half of the day, the pressure from the sellers was felt and the pair gradually returned to the area of average prices, and in the late afternoon the bears intensified the onslaught and pushed through the two-hour EMA55.
At night, the price bounced off the support of 53400.00 USD and in the morning is trying to gain a foothold in the area of 56000.00 USD. If buyers are able to seize the initiative today, the pair will recover to the area of average prices. The scenario of a breakout of the psychological level of 60,000.00 USD is still relevant.
If sellers form a strong bearish momentum, the pair will roll back to the yellow support of 51600.00 USD.
ETH / USD
Yesterday, during the day, the growth of the Ethereum price continued to the level of 4200.00 USD. A new absolute maximum of the ether is now recorded at this point. After the bulls tested the 4200.00 USD mark, a powerful wave of selling pushed back the ETH price below the 2-hour EMA55.
However, a fairly high rebound allows the pair to currently hold above 3800.00 USD. If the bearish momentum repeats today, the pair will continue to decline to the support area of 3400.00 USD.
If the moving average EMA55 keeps the price from a deep pullback, then buyers will try to restore the pair to the zone of the absolute maximum and update it to the level of 4300.00 USD.
XRP / USD
Yesterday, the POC indicator line could not keep the pair from a deep enough decline. The bears broke the key level of 1.500 USD and pierced the yellow support of 1.315 USD.
The high rebound is now helping the XRP price to hold around the 1.400 USD mark, but if the selling pressure increases, the pair will return to the area of yesterday’s local minimum, which is indicated at 1.235 USD, and will test the level of 1.200 USD in the near future.
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