✅ BTC / USD. Yesterday, the bitcoin price tried to hold above the 50% fibo level (42447.96 USD), but before the end of the day, the bears pushed through this support and pierced the psychological mark of 40,000.00 USD. The BTC / USD pair has renewed its monthly low around 39573.00 USD.
☝️ At night, trading volumes decreased and the price gradually recovered to the fifty percent Fibonacci level. Today, buyers will try to break above it, but it will not be possible to gain a foothold above this level on small volumes. This requires a strong bullish momentum! If the bulls fail to form it, the pair will consolidate in a sideways range, in which the psychological level of 40,000.00 USD will act as support.
A decrease in the price below forty thousand will form a new bearish wave, which will update the September low around the 37900.00 USD mark.
✅ ETH / USD. Yesterday in the morning, the Ethereum price tried to recover, but in the afternoon, rather large sales volumes brought the pair back to the support of 2800.00 USD. The bears pierced this strong support level overnight and renewed their monthly low at 2650.00 USD.
❗️ Until the morning, the sales volumes decreased, and the pair bounced above the support of 2800.00 USD. Today during the day with low trading volumes, the price will consolidate in a sideways range with support at 2800.00 USD.
In case of a repetition of the bearish impulse, the minimum should be expected in the area of 2560.00 USD.
✅ XRP / USD. During the day yesterday, XRP was holding above 0.900 USD. Late at night, the bears pushed the price below this support, but the momentum was rather weak, so the monthly low only moved slightly from 0.866 USD to 0.864 USD, and over the past night the pair recovered.