BTC / USD
At the end of last week, the difficulty of mining BTC increased by 11%, and this led to spikes in sales. On Sunday, the bears pushed through the moving average EMA55, and this morning they tested the level of 34000.00 USD.
The intense fall in the price of bitcoin caused a stir in the market and the pair may continue to decline to the area of barely noticeable support at the level of 32600.00 USD. If this support does not weaken the onslaught of sellers, the price will test the psychological level of 30,000.00 USD by the end of the day.
If buyers stop falling, they will try to restore the pair to the area of average prices.
ETH / USD
Last Saturday, buyers consolidated in a sideways range at the level of average prices, and on Sunday the bulls were able to set a new January high around the 1353.00 USD mark.
In the afternoon, the ether price returned to the hourly moving average EMA55, and tonight the bears pushed through this support and in the morning were close to the te-test of the psychological level of 1000.00 USD.
At the moment, the price bounced to the area of 1100.00 USD, and if the bearish pressure stops at the same time, the pair will recover to the area of average prices.
If the bearish momentum repeats, the pair will roll back to support at 890.00 USD.
XRP / USD
Yesterday, buyers tried to continue the XRP price recovery above the January high of 0.372 USD, but the market correction resulted in a pullback, as a result of which the pair tested the 0.260 USD support.
This morning the price has rebounded and during the day buyers will try to return the pair to the sideways channel of $ 0.280 – $ 0.310. However, if the bears intensify the onslaught, then the Ripple price will drop to the POC line (0.228 USD).
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