Buyers were unable to continue to rise yesterday morning. The bitcoin price consolidated in the area of ??the two-hour EMA55 and tried to hold on to consolidation in a narrow corridor. The sellers' aggression is still limited by the weak yellow line of the local trend.
If in the near future buyers do not continue to recover above the resistance of 9300.00 USD, then the bears will push through this upward trend line and roll back the BTC price below the 9000.00 USD mark.
ETH/USD
Yesterday, in the morning, the Ethereum price was unable to continue its recovery and tried to gain a foothold in the blue side channel, in the area of ??the POC line (238.70 USD).
At the end of the day, sellers managed to form a bearish momentum, which knocked the ETH price out of the blue dotted range and rolled the pair back below the average price level. The upward yellow line of the local trend limited the pullback and sellers could not test the support of 233.33 USD.
In the Asian session, the ether price recovered above the two-hour EMA55 level, but if today buyers cannot return it to the blue channel, then the price may fall below the support of 233.33 USD and establish a weekly minimum around the 100% fibo level (222.98 USD).
XRP/USD
Yesterday, buyers failed to increase volumes and the Ripple price was unable to overcome the psychological level of 0.200 USD. Moreover, by the end of the day, the pressure from the sellers increased and the pair rolled back below the average price level, setting the daily low at 0.192 USD.
Buyers managed to correct the situation a little tonight, and the pair recovered to the two-hour EMA55 area. If during the day buyers are able to continue the recovery, the XRP price will break the 0.200 USD resistance and test the POC line (0.203 USD).
Otherwise, the price may fall below the support of 0.190 USD.
- The given material for orientation objectives!
- I shall forgive for my English - I use the translator!)
