30th Apr - Crypto Price Analysis
(By Shivkumar) - shivfxcrypto
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.
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.
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.
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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