BTC/USD
Yesterday morning, the BTC price tested the 38.2% Fibo level (37150.24 USD). This Fibonacci level provided support for the pair and before the evening the price recovered to the level of 40,000.00 USD.
Trading volumes have been shallow and buyers cannot yet organize a bullish breakout to the 50% Fibonacci level (42447.96 USD). The pair settled on its side in the 3-hour EMA55 area with resistance around the 40,000.00 USD mark.
With low activity, consolidation in the sideways range will continue and gradually narrow towards the moving average EMA55.
ETH / USD
Ethereum price yesterday was unable to continue to rise to the resistance of 3000.00 USD. Low trading volumes keep the pair in sideways consolidation with support around the 3-hour EMA55.
If the bearish pressure resumes, they will break through the average price level and push the ether price to the POC line (2318.60 USD) by the end of the week.
If the moving average withstands the bearish onslaught, then buyers will be able to stage a bullish break above the psychological level of 3000.00 USD.
XRP/USD
Yesterday morning the XRP price managed to gain a foothold above the red downtrend line. Due to small buying volumes, the bulls could not achieve growth and break through the resistance of the three-hour EMA55.
The pair is trading sideways this morning just below the psychological one dollar mark. If buyers form a bullish momentum, the pair may recover to the 1.115 USD resistance area by the end of the week.
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