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
