Price analysis 4/21: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and select altcoins have fallen below their respective support levels, a worrying sign that the bulls could be losing their grip.
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Bitcoin and select altcoins have fallen below their respective support levels, a worrying sign that the bulls could be losing their grip.
Bitcoin and select altcoins turned down sharply on April 19 but a minor positive is that the bulls are trying to defend their respective support levels.
Bitcoin and select altcoins are witnessing a pullback, indicating that traders may be booking profits and reducing risk.
Bitcoin hit a year-to-date high at $31,000 and ETH price followed. Which altcoins will be next?
ETH price rallied as deposits briefly surged after the Shapella, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short-term.
After days of consolidation near the local high, Bitcoin is trying to breakout and challenge the $30,000 level.
BTC’s tight trading range hints at an eventual breakout, and ADA, XLM, AAVE and CFX could follow.
Bitcoin’s failure to clear the overhead resistance at $30,000 is attracting profit-booking in select altcoins.
Bitcoin continues to face resistance near $29,000 and Ether has decided to take charge of the wider crypto markets' bullish momentum.
Macroeconomic headwinds continue to pressure the crypto market, but bulls appear steadfast on holding $28,000 for support and this could provide tailwinds for altcoins.