• Shivkumar

30th Apr - Crypto Price Analysis

(By Shivkumar) - shivfxcrypto

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.

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


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