Analysis of prices for BTC, ETH, XRP (24.06.21)

BTC/USD

Yesterday, in the morning, the bitcoin price fixed at 34000.00 USD and moved in a narrow sideways corridor. In the evening, a lone bullish momentum allowed the pair to test the 35,000.00 USD level.

Until the end of the day, the pair returned to a narrow sideways channel, and this morning the price sank to the weak support of 32500.00 USD. Will this support be able to beat the price above the four-hour EMA55? If buyers break through the average price level, then a re-test of the lilac resistance of 36,000.00 USD is possible.

Otherwise, we are expected to return to the red line of the down trend.

ETH / USD

Before lunch yesterday, buyers desperately tried to stay above the psychological level of 2000.00 USD. However, in the afternoon, the Ethereum price rolled back to the 1900.00 USD area.

Despite the fact that overnight buyers tried to restore the pair to the consolidation zone, the ether price was unable to overcome the psychological barrier. This morning, the initiative is on the side of the sellers, and the pair will continue to pull back to the support of 1860.00 USD.

If the bears are unable to push through the upper border of the blue channel, then the bulls will once again try to return the pair to the area of ​​the four-hour EMA55.

XRP/USD

Yesterday XRP price was unable to continue recovering to the orange level of 0.700 USD. By the end of the day, the pair rolled back to the support of 0.600 USD.

Today we can expect buyers to try to break through to the level of 0.700 USD. A break to this level will allow the recovery above 0.800 USD to continue.

If the market gets under negative informational pressure, the bears will push through the strong support of 0.500 USD.

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