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#Bitcoin Extends Losses, BTC Uptrend Likely Over
BTCUSDT
, 1D
Short
BTCUSDT: #Bitcoin Extends Losses, BTC Uptrend Likely Over

Past Performance of Bitcoin Bitcoin prices are under pressure when writing on April 21. The drawdown of April 19 was confirmed yesterday as the coin sank lower. Presently, the coin is retracing from this month's highs, and FWB:31K remains to be an important reaction point. Unless there is an expected expansion above the immediate reaction level, the path of...

#Ripple Prices Dropping, XRP Sinks 13% as Bears Aim at $0.40
XRPUSDT
, 1D
Short
XRPUSDT: #Ripple Prices Dropping, XRP Sinks 13% as Bears Aim at $0.40

Past Performance of Ripple Like the rest of the market, Ripple is under pressure, pulling back from H1 2023 highs. XRP is currently down 13% from this week's highs. Considering the formation in the daily chart, the coin might continue plunging in the days ahead, an opportunity for aggressive traders. #Ripple Technical Analysis Even though trading volumes are...

#Bitcoin Is Choppy; BTC May Drop To $26.6k in a Cool-Off
BTCUSDT
, 1D
BTCUSDT: #Bitcoin Is Choppy; BTC May Drop To $26.6k in a Cool-Off

Past Performance of Bitcoin Bitcoin unexpectedly plunged on April 19, sinking below $30k as price action continued to be choppy. The heightened volatility is amid the general contraction across other asset classes. Currently, the drawdown means BTC is below FWB:31K , a critical support line, and also back below $29.6k, swinging price action in favor of the April...

#Stellar Crashing, XLM May Retest $0.085 After A 54% Surge
XLMUSDT
, 1D
Short
XLMUSDT: #Stellar Crashing, XLM May Retest $0.085 After A 54% Surge

Past Performance of Stellar After days of sideways movement, Stellar prices crumbled on April 19. The coin is now trading below critical support levels, now resistance, at the back of expanding volumes. Immediate resistance lies at April 19 high of around $0.10. #Stellar Technical Analysis Bears appear to be flowing back, days after XLM rose 54% from...

#Bitcoin Reverses Losses, BTC above Critical Support At $29.6k
BTCUSDT
, 1D
BTCUSDT: #Bitcoin Reverses Losses, BTC above Critical Support At $29.6k

Past Performance of Bitcoin Bitcoin prices rebounded strongly on April 18, reversing losses the previous day. With the bounce, the coin is back to a bullish formation. However, there needs to be an assurance that comes with a high volume close above $31k. Only then will BTC likely float higher, aligning with the anchor bull bar of April 10 that defines the...

#BitcoinCash Is Bullish, More Upsides Expected Above March Highs
BCHUSDT
, 1D
BCHUSDT: #BitcoinCash Is Bullish, More Upsides Expected Above March Highs

Past Performance of Bitcoin Cash BCH prices remain wavy inside a bull flag from the range defined from December to April 2022. For now, traders can look to ride the uptrend from a top-down preview. However, this will largely depend on the reaction of prices at around HKEX:136 , marking March and April highs. On the lower end, support is at around $130. ...

#Monero Bulls Fail To Break $165, Sellers in Control
XMRUSDT
, 1D
Short
XMRUSDT: #Monero Bulls Fail To Break $165, Sellers in Control

Past Performance of Monero Monero bulls are struggling at spot rates. Even with the broader market expanding, XMR remains pinned in a bear formation. Presently, resistance is at HKEX:165 , and the coin remains in a bearish shape defined by the bears of early February to mid-March 2023. As it is, support lies at the middle BB, that is, the 20-day moving average,...

#Bitcoin Cracks Emerging, BTC Bull Run Coming To An End?
BTCUSDT
, 1D
Short
BTCUSDT: #Bitcoin Cracks Emerging, BTC Bull Run Coming To An End?

Past Performance of Bitcoin Bitcoin prices are melting at spot rates. The disintegration of April 17 is noticeable and wide-ranging. Since it is a bearish engulfing bar, dropping below April 10 bull bar with decent participation, the bullish preview has been nullified, and sellers appear to be in control. This follows the consolidation and divergence from the...

#Chainlink tearing higher, LINK up 15% in 4 Weeks
LINKUSDT
, 1D
Long
LINKUSDT: #Chainlink tearing higher, LINK up 15% in 4 Weeks

Past Performance of Chainlink Chainlink prices are breaking higher as of April 17. Technically, the token is within a bullish breakout formation, and prices are buoyed by expanding volumes. Notice that the confirmation of the April 14 bullish breakout bar was enough evidence of strength, a net positive for optimistic traders. #Chainlink Technical Analysis The...

#Bitcoin Retraces, BTC bullish above $29.6k
BTCUSDT
, 1D
Long
BTCUSDT: #Bitcoin Retraces, BTC bullish above $29.6k

Past Performance of Bitcoin Bitcoin prices remain higher when writing, steadying above $30k as buyers soak in selling pressure on April 14. Then, bears were in control as a pin bar formed. Looking at the chart, the failure of buyers to press lower on April 15 and 16 below $30k means the uptrend momentum is high. There could be more gains towards $32k and $35k in...

#Ethereum Recovers versus Bitcoin, Next Stop at 0.072 BTC?
ETHBTC
, 1D
Long
ETHBTC: #Ethereum Recovers versus Bitcoin, Next Stop at 0.072 BTC?

Past performance of ETHBTC Ethereum bulls are in control as the coin tears to register new highs versus the greenback. Meanwhile, the coin reverses losses against BTC, looking at the formation in the daily chart. Overall, for now, the path of least resistance is northwards, and aggressive traders may look to align themselves with gains of April 11 and 12. Those...

#Bitcoin Bulls Firm, Next Target $32k?
BTCUSDT
, 1D
Long
BTCUSDT: #Bitcoin Bulls Firm, Next Target $32k?

Past Performance of Bitcoin Bitcoin broke off higher on April 13, looking at the performance in the daily chart. Overall, the uptrend remains. Prices are trending above $30k, a psychological level. Support remains at FWB:29K , marking March highs. Since BTC is within a bullish breakout formation above the rising channel, every dip may offer entries for...

#Ripple Retraces from March Highs, Support At $0.48
XRPUSDT
, 1D
XRPUSDT: #Ripple Retraces from March Highs, Support At $0.48

Past Performance of Ripple Ripple is bullish when writing, trading above $0.50, and the middle BB when writing on April 12. However, the momentum has since reduced, and buyers must sustain the uptrend. As it is, the wide-ranging bull bars of March 25 to 29 define the medium-term trend. #Ripple Technical Analysis In the short term, the April 3 bear bar anchors...

#Bitcoin Stagnates But Uptrend Remains above $29k
BTCUSDT
, 1D
BTCUSDT: #Bitcoin Stagnates But Uptrend Remains above $29k

Past Performance of Bitcoin The daily chart shows that Bitcoin prices are higher but remain under pressure. For example, on April 12, prices were generally lower, around the $30k level. Even so, the uptrend remains, and the bullish breakout pattern set in motion on April 10 is still valid. Accordingly, as long as prices are above FWB:29K , buyers have the upper...

#DASH Recovers after Dropping 11%, Support Lies at $55
DASHUSDT
, 1D
DASHUSDT: #DASH Recovers after Dropping 11%, Support Lies at $55

Past Performance of DASH Like the rest of the markets, DASH prices are recovering, pushing higher at spot rates. This follows a cool-off from March highs that saw the coin drop 11%. Presently, the immediate support line lies at around $55. Since yesterday's bar is wide-ranging and bullish, traders may look to accumulate on every attempt. However, more...

#Bitcoin Pierces $29k, BTC Uptrend of Q1 2023 Resumes
BTCUSDT
, 1D
Long
BTCUSDT: #Bitcoin Pierces $29k, BTC Uptrend of Q1 2023 Resumes

Past Performance of Bitcoin After roughly three weeks of sideways movement, Bitcoin prices broke higher on April 10. There are hints of strength, reading from the performance in the daily chart. Per the current layout, traders can look to load the dips and align with the primary trend established in Q1 2023. Currently, bulls have broken above the resistance at...

#Ethereum Firm, ETH Buyers Angling For $2,000
ETHUSDT
, 1D
Long
ETHUSDT: #Ethereum Firm, ETH Buyers Angling For $2,000

Past Performance of Ethereum Ethereum buyers are confident, reading from the performance in the daily chart. There are encouraging higher highs as ETH claws higher, presently trading at the Q3 2022 trade range. Even though there was a cool-off, ETH will likely bounce higher ahead of the Shanghai upgrade. #Ethereum Technical Analysis The path of least...

#Bitcoin Remains Stuck, Bulls Fail To Break $29k
BTCUSDT
, 1D
BTCUSDT: #Bitcoin Remains Stuck, Bulls Fail To Break $29k

Past Performance of Bitcoin Bitcoin prices are relatively lower when writing, reading from the performance in the daily chart. Even though the buyers have the upper hand, the failure of prices to edge higher over the weekend should be a concern. Already, candlestick arrangement and volume analysis show that momentum is waning. However, while this exists, it is...

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