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  • Writer's pictureShivkumar

23rd Apr - Crypto Price Analysis

(By Shivkumar)

 

1) BTC/USD


  • Bitcoin has been trading inside the $6,471.71-$7,454.17 range for the past few days.

  • Bullish above $7,454.17, a quick move to $8,000 is possible. and after a struggle with bears can rally to $9,000 levels.

  • Bearish below $ 6931, a fall to $6,471.71 and can also reach $5,600.

  • Traders can the stop loss on the buy positions can be trailed higher to $6,200.

2) ETH/USD


  • Bullish if buyers can push above $176.103, and a rally to $250 is likely.

  • Bearish below $148. If this level cracks, a deeper correction.

  • Traders buy positions can be protected with a stop loss of $145.


3) XRP/USD


  • Bullish above $0.20570. Above this level, a rally to $0.25 is possible. 

  • Bearish below the current level breaks below $0.17372.

  • Traders, the stop loss on the buy positions can be kept at $0.165.


4) BCH/USD


  • Bearish below sustains below $200, has a target objective of $119.53.

  • Traders, buy positions can be protected with a stop loss of $197.

  • Bullish above $200 and can rally to $250. The momentum could pick up above $280.47 and rally to $350.

 

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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Image by Andrew Neel

FOREX - CRYPTOCURRENCY

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