Market review, February 1, 2019

Binance cryptocurrency exchange confirmed previously published information that the company had entered into cooperation with Simplex, the Israeli processing service, so that users can buy cryptocurrencies using Visa and MasterCard cards.
At the moment on the platform, you can buy BTC, ETH, LTC and XRP for fiat money, the coins can be exchanged for other cryptocurrencies and tokens presented on the platform.
“Despite the strong excitement at the end of 2017, the cryptocurrency industry is still at an early stage of development, and most of the world continues to work with fiat money,” Binance CEO, Changpeng Zhao, said. “Creation of fiat channels is what is needed for the further development of the ecosystem, the spread of technology and the involvement of new stakeholders in the industry.”
The ability to buy cryptocurrency for fiat money on the platform is implemented as follows: to perform the operation, you must select “Buy With Credit Card” in the “Funds” tab, then you will be redirected to the page with the currency selection, and then to the Simplex website to make payment. The commission for this operation is 3.5%, but at least $10, a higher one is chosen. For holders of dollar cards, the operation can be quite profitable, since the commission of exchangers when buying with a card is usually higher.
Now, let's move to the technical analysis of Bitcoin (BTC):
Over the past day, bitcoin went down, as we expected, reaching the mark of $3,370. Then the price of bitcoin rose again to the resistance level of $3,460. In our opinion, this growth should be regarded as a technical rebound. We tend to think that the price of bitcoin will drop even lower. The nearest resistance levels are $3,460, $3,490. The nearest support levels are $3,370, $3,320, $3,000.
Technical analysis of Ethereum (ETH):
Over the past 24 hours, ethereum went down to the resistance level of $101. This downward movement fully justified our yesterday's forecast. After that, the price of ethereum rebounded up to the resistance level of $105. We still expect that ethereum will break through the psychologically important support level of $101. The nearest resistance levels are $106, $109. The nearest support levels are $100, $96. Technical analysis of Ripple (XRP):

Over the past day, ripple dropped to the resistance level of $0.2910. This downward movement fully justified our yesterday's forecast. Then the price bounced up to $0.3050. We believe that this growth is corrective, and we expect a further decrease. The nearest resistance levels are $0.3080, $0.3160. The nearest support levels are $0.29, $0.2780. Russian version