Bitcoin, Ethereum y Ripple They have enjoyed this week of a Notable recovery of its value, but an analysis by FX Street Based on the indicators on these three cryptocurrencies, it has revealed that this bullish path It could be ephemeral If key levels are not overcome.
Let’s start with Bitcointhe main cryptocurrency of the market has used this week a mobile average of 50 periods as a support from which it has managed to boost over $ 100,000.
Bitcoin quotes at 104,000 dollars at noon on Friday. However, if it falls below $ 100,000 and under the aforementioned mobile average it could go to the support in $ 90,000. But if the recovery continues, it could go to the historical maximum of January 20 at 109,588 dollars.
With respect to Ethereumthe price has exceeded $ 3,000. But it faces a line of descending trend as you can see in the graph.
Ethreum quotes at noon on Friday at $ 3,200 and the mentioned line has behaved as a resistance that could lead to prove the psychological level in the $ 3,000. If the line is maintained, you could head to try the support in the $ 2,810. But if it exceeds it, it could be promoted up to $ 3,730.
On the contrary, Ripple It is facing an ascending line of trend. Which has allowed him to reach 3.07 dollars.
Ripple quotes at 3.07 dollars. If the aforementioned line breaks down, it could descend to 2.72 dollars and even to $ 1.96. But if it does not break the line, it could be driven to the level of resistance at $ 3.40.
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