Analysis of prices for BTC, ETH, XRP (14.06.21)

BTC/USD

Over the weekend, the bears failed to push through the red trend line. On Sunday morning, they managed to pierce the downtrend line, but buyers pushed the pair back into the mid-range.

In the afternoon, the bullish momentum broke through the resistance of 36000.00 USD and the pair consolidated above the 38.2% Fibo level (37150.24 USD). Late in the evening, the growth continued and the price of bitcoin overcame the resistance of 38,000.00 USD, and in the morning it came close to the psychological level of 40,000.00 USD. The local maximum is set at 39838.00 USD.

It should be noted that the night growth is not supported by large volumes, and if this morning the bulls cannot strengthen the onslaught, then the growth above forty will not be possible, and Sunday breakout may turn out to be false. In this case, in the first half of the day, the pair will return to the area of ​​average prices.

ETH / USD

On Saturday, the pair found support around 2300.00 USD and buyers tried to overcome the resistance of 2400.00 USD. On Sunday, a rather weak bullish momentum broke through this level and restored the pair to the four-hour EMA55 area.

The ether price tested the USD 2500.00 mark tonight. The volume of purchases was not large and the pair rolled back a little in the morning. If the bulls increase in volume, it is likely that they will be able to test the resistance of 2800.00 USD. Without this, the bears will quickly return the pair to the POC indicator line (2425.79 USD).

XRP/USD

On Saturday morning, support at 0.800 USD kept the pair from falling further and the XRP price recovered slightly by the end of the day. On Sunday, the recovery continued, and at the moment the pair has returned to the area of ​​average prices.

If the buying volumes are as small, then the buyers will not be able to overcome the four-hour EMA55, and the bears will roll back the price to the support of 0.800 USD.

If today we see a strong bullish impulse, then the price will test the psychological level of 1.00 USD.

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