7th Apr - Crypto Technical & Market Watch

(By Shivkumar)

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1) BTC/USD

• These is a crucial level $7,517.If Bulls can sustain the price above $7,000,a rally to $8,000 and above it to $9,000 is possible. 

• Bearish below $ 7,517,and breaks below $6,553.21.

• Traders can trail the stops higher to $6,500 after the pair scales above $ 7,517,till then, the stops on the buy trades can be maintained at $5,600.

2) ETH/USD

• Bullish above $ 182 and a rally to $208.50 and above it to $250 is likely.

• Bearish below current level or $ 182, and fall below the critical support at $117.090.

3) XRP/USD

• Bullish above $0.18867, which can will signal strength and can rally to ($0.20) and above this level a rally to $0.25 is possible.

• Bearish below $0.18867 and fall back below $0.17468 and a drop to $0.15708 is possible. 

• Traders stops on the buy trades can be trailed higher to $0.155.

4) BCH/USD

• BCH trading between $ 230 and $250, which can push the price above $250 and can also target altcoin to $350.

• Bears are likely to give a fight at $ 272, and traders can trade as per earlier analysis.

• Bearish below $ 230 and breaks below $222.43 it will signal weakness. 

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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