30th Apr - Crypto Price Analysis

(By Shivkumar) - shivfxcrypto

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1) BTC/USD

• Bulls are in control after the strong breakout above the $8,000-$8,175.49 resistance zone.

• Bullish above the price above $8,175.49, rally the next target objective of $9,200. 

• Bearish from the current levels and dips back below $8,000,the trend will turn negative on a break below the support at $7,454.17.

• Traders the stop-loss on the buy positions can be trailed higher to $7,400,the stops can be trailed higher.

2) ETH/USD

• Above $181 is sloping up and close to the overbought zone, which also suggests that bulls are in command.

• The first target to watch out for is $250. If this level is scaled, the rally can reach $289.599. 

• Below $181 is bearish.

• Traders the stops on the buy positions can be kept at $160.

• If the pair closes above the channel $ 212 the stops can be trailed higher to $185.

3) XRP/USD

• Bulls have overpowered the bears.

• The next level to watch out for is $0.24560, and rally to $0.28.

• Above $0.195 close to the overbought zone, which suggests that bulls at advantage. 

• Bearish below $0.20570.Buyer will try to buy below the dips.

• Traders the traders can trail the stop-loss on the buy positions to $0.19.

4) BCH/USD

• Bulls have overpowered the bears, next level to watch on the upside is $280.47.

• A rally to $350 is possible above $250.

• Traders the stops on the buy positions can be trailed higher to $220. 

• Bear with defend at $280.47 and drop from these level to $250 is possible.

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