Yesterday, buyers managed to break through to another resistance around 37300.00 USD. Tonight, growth continued on already decreasing volumes, and the BTC price crossed the 38000.00 USD mark, slowing down the growth rate in the area of 38350.00 USD.
If sellers seize the initiative today, the pair will roll back to the support of 36000.00 USD. This rather strong support level can stop the decline, then the pair's recovery will continue to the 40,000.00 USD area.
ETH/USD
Ethereum continued to rise yesterday morning. In the evening, buyers formed a powerful bullish impulse and broke through the level of 1600.00 USD, and over the past night, the pair came close to the 1700.00 USD line.
If today's pullback is not too deep and remains within 1600.00 USD, then the bulls will be able to continue running above the 1700.00 USD line to a new all-time high around 1740.00 USD.
XRP/USD
The Ripple price yesterday tried to break through the resistance of 0.400 USD, but the growth was not supported by large volumes and after the daily maximum at 0.420 USD, the pair again rolled back below the 0.400 USD mark.
If the four-hour moving average EMA55 continues to keep the pair from falling, then until the end of the week, buyers' attempts to restore the XRP price to the 0.500 USD area will continue.
- The given material for orientation objectives!
- I shall forgive for my English - I use the translator!)
I wish you successful trading!
