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Bitcoin (BTC) increased more than $ 85,000, reporting that bulls are trying to form a higher hollow at $ 83,000. Short -term prices’ action remains sensitive to news related to American prices and the current trade war with China.
Gold was a clear winner during the current epistle of macroeconomic uncertainty. Citing the data from Bank of America (BOA), Kobeissi’s letter said that golden funds are on the right track to reach 80 billion dollars at net entries of the year, double the amount observed in 2020. In comparison, net entries negotiated in exchange for Bitcoin decreased only $ 165 million after weeks of continuous overflow.
However, some cryptocurrency investors are happy with the Gold rally because a popular theory suggests that Bitcoin copies not only but exceeds the Gold rally with a few months late. Anonymous crypto titan Titan of crypto said in an article on X that Bitcoin could reach $ 137,000 by July-August 2025.
Could Bitcoin Bulls gain momentum and push the price above resistance to general costs? Will Altcoins also see a short-term rally? Let’s analyze the graphics of the 10 best cryptocurrencies to discover it.
Bitcoin did not exceed the simple 200 -day mobile average ($ 87,660) on April 15, but a minor positive is that buyers have maintained the price higher than the 20 -day exponential average ($ 83,289).
EMA at 20 days at 20 days and the relative force index (RSI) near the median point suggest that sellers lose their grip. Buyers will have to propel the price above the 200-day SMA to take control. If they manage to do so, the BTC / USDT pair could increase to $ 95,000 and possibly at the psychologically crucial level at $ 100,000.
On the contrary, a break and a closure below the 20 -day EMA indicates that the bulls have abandoned. This could reduce the pair to $ 78,500 and later to $ 73,777.
The Ether (ETH) rescue rally stalled at EMA 20 days ($ 1,697) on April 14, suggesting that bears remain active at higher levels.
Sellers will try to strengthen their position by pulling the price below $ 1,471. If they do this, the ETH / USDT pair could fall to $ 1,368. Buyers will try to keep the level of $ 1368, but the pair could drop to $ 1,150 if the Bears have their way.
The first sign of force will be a break and will close above $ 1,754. This opens the doors for a possible gathering at $ 2,111. The 50 -day SMA ($ 1,919) can act as an obstacle, but it is likely to be crossed. Buyers will have to push the price of more than $ 2,111 to point out that the downward trend may have ended.
XRP (XRP) broke below the 20 -day EMA ($ 2.10) on April 15 and reached critical support at $ 2 on April 16.
The EMA at 20 days flat and the RSI just below the median point suggest a possible action linked to the beach in the short term. The XRP / USDT pair can swing between $ 2 and the 50 -day SMA ($ 2.23) for a while.
A break and close above the 50-day SMA could erase the path for a rally on the resistance line. This is an important level to defend for the Bears, because a break above will indicate a change in short-term trend. Lowering, a break and a closure below $ 2 could run the pair at $ 1.61.
BNB (BNB) was negotiated inside a triangle, signaling the purchase near the support line and the sale near the drop line.
The mobile averages down and the RSI just below the median point indicate a light edge to the bears. There is a support at $ 566 then at $ 550. If the price rebounds, the Bulls will again try to push the price above the downline line. If they can remove it, the BNB / USDT pair could come together at $ 644.
Sellers are likely to have other plans. They will try to pull the price below $ 550 and retest the support line.
The sellers successfully defended the 50 -day SMA ($ 130) in Solana (ground) and try to pull the price below the support of $ 120.
EMA at 20 days at 20 days ($ 124) and the RSI near the median point suggest a balance between supply and demand. Buyers should defend the $ 120 support area at $ 110. If the price bounces from the support area, the Bulls will again try to drive the ground / USDT pair above the 50-day SMA. If they succeed, the pair could reach $ 153.
Alternatively, if the price continues below and breaks below $ 110, it indicates that the bears remain in control. The pair could then tumble with $ 95 support.
Dogecoin (DOGE) gradually slipped into vital support at $ 0.14, where buyers should intervene.
The positive divergence on the RSI suggests that the bearish momentum could weaken. If the price amounts to the current level or $ 0.14, the possibility of a break higher than SMA of 50 days ($ 0.17) increases. The DOGE / USDT pair will complement a double -bottomed pattern on a break greater than $ 0.21, indicating that the downward trend may have ended.
Conversely, a break and a closure below $ 0.14 indicates the recovery of the downward trend towards the next major support at $ 0.10.
Cardano (ADA) is withdrawn from the 20 -day EMA ($ 0.64) on April 13, indicating that bears continue to sell rallies.
The sellers will try to strengthen their position by pulling the price below the support of $ 0.58. If they succeed, the ADA / USDT pair could drop to a critical level at $ 0.50. Buyers should defend the level of all their forces, because not doing so can extend the downward trend to $ 0.40.
Right up, buyers are likely to deal with the sale in the area between the mobile averages. A break and close above the 50-day SMA ($ 0.70) opens the doors for a rally at $ 0.83.
In relation: Why is the XRP price down today?
Buyers pushed Unus Sed Leo (Leo) above the 20-day EMA ($ 9.39), which is a positive sign.
There is a minor resistance to SMA of 50 days ($ 9.58), but the level should be crossed. The Leo / USD pair can then retest the resistance to critical general costs of $ 9.90. If buyers overcome the barrier at $ 9.90, the pair will complete an ascending triangle model. This could start a movement towards the target target of $ 12.04.
Sellers will have to pull and maintain the price of less than $ 9.24 to gain the upper hand. This could start a drop at $ 8.79.
Buyers find it difficult to propel ChainLink (link) above the 20-day EMA ($ 12.81), but they maintained the pressure.
There is a minor support at $ 11.68, but if the level cracks, the Link / USDT pair could dive towards the support line of the downhill channel. Buyers should defend the level, but if the Bears prevail, the pair could drop to $ 8.
If buyers want to make a return, they will have to launch the price above medium-sized medium-sized. The pair could then climb $ 16 and later on the resistance line. A break and close above the canal indicates a change in potential trend.
The inability to push Avalanche (AVAX) above the downward trend line may have attracted profits reservation by short-term bulls.
The Bears are trying to pour the Avx / USDT pair under the 20 -day EMA ($ 18.98). If they manage to do so, the pair could go down to the support of $ 15.27. Buyers should vigorously defend the level of $ 15.27, because a break below can start the next step in the downward trend at $ 14, then $ 12.
The first sign of force will be a break and will close above the downward trend line. This opens the doors to a gathering at $ 23.50. If buyers overcome this barrier, the pair will complete a double -bottomed model with a target target of $ 31.73.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
post url: https://altcoin.observer/btc-eth-xrp-bnb-sol-doge-ada-leo-link-avax-2/
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