BTC / USD
On Saturday morning, buyers formed a strong bullish momentum that broke through the USD 60,000.00 resistance and set the April high at USD 61,222.22. Buyers tried to gain a foothold above the key level of USD 60,000.00, but in the afternoon the bears pushed the price below USD 59,000.00 and tested the two-hour EMA55.
Today Bitcoin is trading above the 60,000.00 USD mark. If the volume of purchases manages to increase, then the bulls will continue to rise above the April high and will try to renew the absolute record set at around 61700.00 USD.
On the other hand, bears may resume large sell-offs and pull the pair back to the support area of 57000.00 USD.
ETH / USD
Ethereum price over the weekend renewed its absolute maximum around 2200.00 USD and settled in a narrow sideways range above the level of the two-hour moving average EMA55.
Until the beginning of this week, trading volumes have decreased and buyers’ efforts to continue to rise to a new high are limited by resistance at the level of 2160.00 USD. If this resistance is broken, then a new all-time record will be located in the area of 2250.00 USD.
Otherwise, sellers will try to pull back the ether price, but we hope that the support of the upward blue trendline will stop the decline.
XRP / USD
Last weekend the XRP price continued its bullish dynamics and broke through the resistance of 1,200 USD. The growth continued until the bulls were able to set an annual high around the $ 1.50 mark.
Since the beginning of April, Ripple has seen growth of over 170%. The asset returned to the TOP 5 of the CoinMarketCap rating in terms of capitalization and now occupies the fourth line in this list.
By the beginning of this week, the XRP / USD pair rolled back to the 1.300 USD area, and if the selling pressure increases, the price will return to the level of 1.200 USD. Support at this level may provide continued growth to the 1.600 USD area.
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