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Analysis Of Prices For Btc, Eth, Xrp (17.03.21)

BTC / USD

Yesterday in the morning, the level of 53400.00 USD limited the decline in the BTC price, and by the end of the day the pair recovered to the area of ​​average prices.

Buyers managed to pierce the 2-hour EMA55 tonight, with decreasing volumes. IN During the day, buyers will try to restore the pair to the resistance of 58000.00 USD, but if the EMA55 reverses the price downward, the pair will return to the area of ​​the weekly low (to the support of 53400.00 USD).

ETH / USD

Yesterday morning, buyers confidently pushed the Ethereum price back to the 2-hour moving average EMA55.

However, in the second half of the day, the volume of purchases decreased significantly, and the pair could not continue to rise above the level of average prices. Buyers have tested the POC line (1800.36 USD) several times, but so far they have not been able to overcome the resistance in the 1800.00 USD area.

Today the bulls will repeat their attempts to restore the pair above the Volume Profile indicator line (1800.36 USD), and if they fail to gain a foothold above the level of average prices, the decline will continue to support at 1680.00 USD.

XRP / USD

Yesterday, the XRP price managed to gain a foothold above the upper border of the blue channel and buyers managed to pierce the resistance at the level of 0.500 USD. The March high is set at 0.520 USD.

The pair could not stay above the psychological level of 0.500 USD for a long time and returned to the support of 0.450 USD by the end of the day.

Buyers started another attempt to restore the pair above the 50 cents level tonight, but in the morning they were stuck around the 0.475 USD mark. If the growth continues and fails, then the pair will return to the blue corridor.

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