The low activity of market participants hold prices in a sideways direction.
Yesterday, the buyers are clearly not enough volume to break the four-hour EMA55. The day the pair failed to rise above the level of average prices and in the late afternoon bearish momentum rolled the BTC price below the psychological mark 10000.00 USD.
Prior to the completion of the day was a local minimum at the point 9910.00 USD. Night customers won turn 10000.00 USD, but recovery is not supported by large volumes, so in the morning the price resumed its decline.
Low market activity will contribute to the continued slow roll-orange area of support. Today such a slow decline may get stuck sideways on the level 9750.00 USD.
Yesterday market activity was low pressure from the bears was out, the consolidation above the moving average continued.
Resistance 186.00 USD pair fell back to support four-EMA55. Later in the evening, the district-level average prices for the same amounts the price has reversed at the restoration.
This morning, do not expect night continue recovery. We believe that with such small trading volumes, the consolidation in the sideway range continues until the end of the day, the pair will test the lower boundary of the sideways near the support at 61.8% Fibo (168.70 USD).
The price of Ripple yesterday moved sideways. In the morning she was above EMA55, and in the second half of the day set daily low under the moving average level, at the point 0.253 USD.
When market activity is low in the consolidation range expanded. Perhaps now, in the continuation of the sideways movement, the pair will test the bottom border of a lateral corridor, which passes through the point of the recent low of USD 0.247.