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
