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  • Writer's pictureShivkumar

21st Apr - Crypto Price Analysis

(By Shivkumar)

 

1) BTC/USD


  • Bullish if pair bounces off the current levels and rallies above $7,454.17 and rally to $8,000. After a minor fall at this level the rally extend to $9,000 levels.

  • Bearish price below $ 7454 , a drop to $6,471.71 is possible and If this level holds, the range-bound between $6,471.71 and $7,454.17 for a few more days.

  • Traders can protect the buy positions with stops at $6,000.

2) ETH/USD


  • Bullish if pair rebounds off $176.103 and rises above $189.402, a rally to $208.50 and then to $250 is possible.

  • Bearish bears sink the price below $176.103, a drop to the $ 163 is possible.

  • Traders the stop loss on the buy positions can be trailed higher to $145.


3) XRP/USD


  • XRP is trading close to the middle of the $0.20570-$0.17372 range.

  • Bullish if it trades above $0.20570 and can rally to $ 0.25.

  • Bearish below $0.25 and can further fall to $0.17372, a drop to $0.145 is possible.

  • Traders the stops on the buy positions can be trailed higher to $0.165.


4) BCH/USD


  • Bullish a break above the $250-$280.47 zone and can rally to $350.

  • Bearish below the immediate support at $200 and further drop to $166 is possible.

  • Traders can retain the stop loss on the remaining buy positions at $197.

 

Disclosure: The author holds no cryptocurrency at the time of writing.Register for Technical news and market update shiv@shivfxcrypto.comFacebook :- www.facebook.com/shivfxcrypto ||Instagram :- www.instagram.com/shivfxcrypto1 ||Twitter :-www.twitter.com/shivfxcrypto|| Whats App :- +91-70439-12326

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FOREX - CRYPTOCURRENCY

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