BTC / USD
Yesterday morning, buyers stopped the pullback around 36700.00 USD and were able to continue the recovery of the BTC price to the resistance at 40,000.00 USD. In the afternoon, the pair tested this level and rolled back to the support of 38000.00 USD.
Today, in the morning, the decline will continue towards the hourly EMA55, but we believe that buyers can count on support in the area of ​​average prices. In this case, the rise in the price of Bitcoin to the January high zone will soon resume, and before the end of this week, the bullish run will lead to new all-time highs.
ETH / USD
Yesterday, in the morning, the hourly EMA55 stopped the Ethereum price rollback, and the pair’s recovery continued to the resistance area of ​​1200.00 USD. In the evening, buyers tested this level, and tonight set a local maximum at 1255.00 USD.
We believe that after a slight pullback, buyers will be able to continue the recovery of the ether price to a new resistance level, which is seen around the $ 1280.00 mark.
XRP / USD
Yesterday, trading volumes for Ripple were at a low level and the pair’s consolidation continued, while the range of price fluctuations narrowed to the two-hour moving average EMA55.
If at the end of this week the cryptocurrency flagship continues to grow, then it will be able to pull the price of Ripple with it. Then the XRP / USD pair will leave the sideways range, limited by strong resistance at 0.310 USD, and test the 0.340 USD mark.
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