Analysis of prices for BTC, ETH, XRP (27.05.21)

BTC/USD

Yesterday morning, buyers tried to continue the recovery and gain a foothold above the three-hour EMA55, however, they failed to significantly increase the volume of purchases and the growth drowned in the area of ​​40,000.00 USD.

In the afternoon, trading activity decreased and the price began to gradually roll back to the moving average EMA55.

The decline continued overnight, and this morning the pair will return to the 38.2% Fibo level (37150.24 USD). We count on support from this Fibonacci level and believe that the retest of the 50% Fibo level (42447.96 USD) is still relevant.

ETH / USD

Yesterday in the morning, the Ethereum price continued to recover, but the growth was not supported by large volumes and the pair was unable to test the level of 3000.00 USD.

Now the ether price is trying to gain a foothold above the three-hour EMA55, and if buyers manage to find support in the area of ​​average prices, they will restore the pair to the psychological level of 3000.00 USD.

XRP/USD

Yesterday in the first half of the day, buyers managed to pierce the red line of the down trend and leave the downtrend for a while, but failed to gain a foothold above the key level of 1.00 USD.

At night, sellers rolled back the pair to the level of 0.930 USD, and this morning, buyers are again preparing for a breakout of the upper border of the downtrend channel.

If another breakout attempt is not supported by large buyers, then the bulls will not cope with the red trend line and the XRP price will continue to pull back to the support of 0.860 USD.

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