Analysis of BTC/USD, ETH/USD and XRP/USD cryptocurrency pairs on 13.11.2019

Analysis of BTC/USD, ETH/USD and XRP/USD cryptocurrency pairs on 13.11.2019

Analytics
November 13, 2019 by cryptorolling.com
104
Today, buyers will try to get the price out of consolidation and try to test the nearest resistance levels.
009593

Yesterday, the consolidation between the two hundred-day and fifty-five-day moving averages continued. Sellers pierced the EMA200 again and got even closer to 8500.00 USD.

On the hourly chart, you can see how the pair BTC/USD updated the minimum at 8549.00 USD and bounced back to the level of average prices.

009594 - Analysis of BTC/USD, ETH/USD and XRP/USD cryptocurrency pairs on 13.11.2019

We believe that today the sellers will again seek a re-test support of 8500.00 USD, and at the lowest point buyers will begin to pull the price to the region of 9000.00 USD.

If we manage to gain a foothold over the hourly EMA55, then the recovery may continue to the level of 9200.00 USD in the near future.

009595 - Analysis of BTC/USD, ETH/USD and XRP/USD cryptocurrency pairs on 13.11.2019

Consolidation in the side corridor between the average prices and the Point Of Control line continued yesterday. In the second half of the day, the pair reached a low of 182.00 USD, and overnight it recovered above the hourly EMA55 level.

If the sellers roll back the price today below this moving average, the price will roll back to the POC line again and continue moving in the flat. If the buyers manage to consolidate above EMA555, there is a probability of a re-test of 78.6% Fibo (192.57 USD).

009596 - Analysis of BTC/USD, ETH/USD and XRP/USD cryptocurrency pairs on 13.11.2019

Yesterday the sellers renewed the weekly low at 0.267 USD, but failed to reach the support of 0.260 USD. The buyers returned to the narrow sidewalk around 0.270 USD at night, and today they will try to continue the recovery to the resistance of 0.280 USD.

*All prices are based on BitStamp data

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