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Bitcoin Price Prediction: BTC/USD Trades Below $60,000 Level as Downward Correction Lingers

Bitcoin (BTC) Price Prediction – April 12 BTC/USD is seen moving under $60,000 amid the struggle to extend the bullish leg above $61,000. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $64,000, $66,000, $68,000 Support Levels: $56,000, $54,000, $52,000 BTCUSD – Daily ChartBTC/USD has been able to touch the daily high of $61,199. Presently, the Bitcoin price is seen trading below the $60,000 level as the coin finds its way back towards the 9-day and 21-day moving averages. Initially, trading above $60,000 has been an uphill battle for the coin, while most of the price actions above $60,000…

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Litecoin Price Prediction: LTC/USD Gets Rejected at $258; Price Follows the Downtrend

LTC Price Prediction – April 12 Litecoin (LTC) faces a sharp price decline of around 3.83% at the time that the market opens and it currently trades at $242.76. LTC/USD Market Key Levels: Resistance levels: $280, $290, $300 Support levels: $220, $210, $200 LTCUSD – Daily ChartThe daily chart reveals that LTC/USD is trading in red as the coin slides toward the 9-day moving average. A few hours ago, the cryptocurrency couldn’t break $260 and it’s been rejected. More importantly, the bulls may need to climb above the upper boundary of the channel convincingly as a clear break of this…

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Bitcoin Price Prediction: BTC/USD Extend Sideways Above $60,000 Level

Bitcoin (BTC) Price Prediction – April 12 The technical indicator RSI (14) is currently moving in sideways, reflecting that the Bitcoin price is in a consolidation mode. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $65,000, $68,000, $70,000 Support Levels: $55,000, $53,000, $51,000 BTCUSD – Daily ChartAt the moment, BTC/USD is currently erasing the majority of its gains. As of writing, the Bitcoin (BTC) hovers at $60,140 with a gain of 0.26% on a daily basis. For now, the price is seriously struggling in consolidation mode on intraday trading, which has made the BTC indecisive in recent days.…

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Tron, Tezos, Synthetix Price Analysis: 12 April

Tron was expected to move lower from its ascending channel but only after the price touched $0.139. Tezos could break down from a descending triangle, while Synthetix did not seem likely to regain the $22-mark over the coming sessions. Tron [TRX] After Tron was unable to flip $0.132 to a region of support, the price […]

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Cardano Price Analysis: 12 April

Cardano’s price has grown by 678% since the beginning of the year. The digital asset began the new year being valued at $0.1682 and after sustained effort, it surpassed $1. At the time of writing, with a market capitalization of $31.94 billion, Cardano was being traded at $1.28. As ADA traded close to its resistance, […]

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Monero, Cosmos, Decred Price Analysis: 12 April

Monero saw a breakout in the opposite direction from an ascending channel and formed a new peak above $340. ATOM’s indicators denied a move below its 200-SMA, while Decred could touch the $200-mark if its press-time support is maintained. Monero [XMR] While Monero moved within an ascending channel, a breakout took place in the opposite […]

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Chainlink Price Analysis: 12 April

The large market capitalization of Chainlink, along with its growth in the past few months, has convinced many investors that it is a safe crypto asset to hold in the long term. Many large-cap altcoins have broken past their previous ATH and offered double-digit gains in recent weeks, and a similar run can materialize for […]

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Bitcoin Cash, EOS, Enjin Coin Price Analysis: 12 April

Bitcoin Cash needed to defend $668.5 support to avoid a breakdown from its 20-SMA. EOS held above the $6.45 support, while Enjin Coin could slip all the way towards its 200-SMA before attempting a bullish comeback. Meanwhile, Bitcoin was trading at $60,217 with a market capitalization of over 1.1 trillion. Bitcoin Cash [BCH] Bitcoin Cash […]

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Bitcoin Price Prediction: BTC/USD Maintains Trading in Contention Around the Major $60,000 Resistance Level

Bitcoin Price Prediction – April 12It is just been becoming more apparent that there is a strong barrier militating against the breakout of the main $60,000 resistance trading zone to date. BTC/USD MarketKey Levels:Resistance levels: $65,000, $70,000, $75,000,Support levels: $50,000, $45,000, $40,000BTC/USD – Daily ChartThere has been no much different trading outlook as regards the market operations between BTC and the US Dollar as price continues to fluctuate around the key resistance zone of $60,000. Meanwhile, the trading indicators are also in a top position signaling the probability of getting to see more pumps at the market level of this…

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Binance Coin, IOTA, Hedera Hashgraph Price Analysis: 12 April

Binance Coin witnessed a major price rally and formed a new ATH at $639. IOTA maintained above $1.995 support, while Hedera Hashgraph was expected to break out from its descending channel at $0.33 support. Binance Coin [BNB] At the time of writing, Binance Coin was amidst a massive price surge and jumped by 21% in […]

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Ethereum, Bitcoin SV, Compound Price Analysis: 12 April

Ethereum was predicted to touch $2,200 or higher before a minor pullback took place. Bitcoin SV could break lower from its ascending channel over the coming days, while Compound could go as low as $337 in case of a breakdown from a descending triangle. Ethereum [ETH] While the king coin keeps facing stiff resistance above […]

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Litecoin, Dogecoin, Chiliz Price Analysis: 12 April

Funding rates for many major altcoins were quite high, prompting that a shakeout to reset funding could occur sometime soon. On the spot trading side, Litecoin and Dogecoin saw heavy demand in the past few days as they flipped crucial levels of resistance to support. Chiliz continued to slide down the charts. Litecoin [LTC] On […]

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Bitcoin Cash Price Prediction: BCH/USD Trade Pushes Northbound to Achieve a High Value of $700

BCH Price Prediction – April 12The trade operations between BCH and the US dollar have once again got a hike as price now trades around the high level of $700. BCH/USD MarketKey Levels:Resistance levels: $750, $800, $850Support levels: $600, $550, $500BCH/USD – Daily ChartIt is been shown on the BCH/USD daily trading chart that there has been an increase in the valuation in the crypto’s price as a slight straight-up line appears in the market’s path-way to the north. The 14-day SMA trend-line is above the 50-day SMA trend-line. And, they both signal to see more ups as their trend-lines…

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XRP, FTX Token, Waves Price Analysis: 12 April

XRP formed a triangle pattern that could see it push toward $1.5 again, while FTX Token continued to trend strongly upward. Although it could see a dip, FTT had strong demand driving its surge. Waves defended the $15.14 support level and is likely to consolidate over the next few days. XRP XRP formed a descending […]

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Uniswap, BitTorrent Token, Elrond Price Analysis: 12 April

Uniswap was consolidating above the $30 mark while BitTorrent Token also showed signs of being in an accumulation phase. Elrond was strongly bullish and could target $245 in the coming days. Uniswap [UNI] Based on UNI’s move from swing low at $20.5 to swing high at $36, some levels of retracement were plotted. UNI faced […]

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Polkadot, Aave, Dash Price Analysis: 12 April

Polkadot was consolidating beneath the $42 level. Aave was making some slow gains since the defense of $345, and Dash was in a strong uptrend and attempted to climb past the $300 psychological level. Polkadot [DOT] Polkadot has been consolidating between the $40 and $42 levels over the past few days. This is almost certainly […]

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Stellar Lumens Price Analysis: 12 April

With a market capitalization of $13.27 billion, Stellar Lumens’ value has also been rising in time. The eleventh-largest digital asset in terms of market cap has been noting a strong surge in its value, especially in the past few days. Between 10 April and 11 April, XLM witnessed a 36% surge that pushed its price […]

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XRP Price Prediction: XRP/USD Witnesses an Aggressive Price Upsurge Averaging a New All-Time Higher Level of $1.60

XRP Price Prediction – April 12After a long-range-bound trading position recently experienced by the XRP/USD market valuation, the crypto has on April 5, beginning the northward move to set a new higher all-time trading zone near the resistance level of $1.60.XRPUSD Market Key Levels:Resistance levels: $1.60, $1.80, $2Support levels: $1, $0.80, $0.60XRP/USD – Daily ChartA long-awaited bullish candlestick has finally occurred on the XRP/USD daily trading chart at an upper range line signaling a breakout that puts the market line on a bullish journey now. The 14-day SMA trend-line and the bullish trend-line are below the current price trading spot…

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Bitcoin (BTC) Price Prediction: BTC/USD Holds as Buyers Recoup Above $59,000 Support

Bitcoin (BTC) Price Prediction – April 11, 2021Bitcoin price is consolidating below the $60,000 overhead resistance. The price action is now characterized by small body candlesticks namely Doji and Spinning tops. These candlesticks are indicating that buyers and sellers are undecided about the direction of the market. Resistance Levels: $58,000, $59,000, $60,000Support Levels: $40,000, $39,000, $38,000 BTC/USD – Daily ChartFollowing its failure to break the $60,000 psychological price level and subsequent price fall, BTC/USD is consolidating below the overhead resistance. After rejection at the recent high, BTC price fell to $58,450 support but pulled back. The market pulled back above…

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Ripple Price Prediction: XRP/USD Gets Set to Break $2 Resistance as Price Touches $1.51 High

XRP Price Prediction – April 11 The Ripple price is seen trading in the positive territory with gains of over 2.0% but can XRP price break $2 resistance? XRP/USD Market Key Levels: Resistance levels: $1.65, $1.75, $1.85 Support levels: $1.15, $1.05, $0.95 XRPUSD – Daily ChartXRP/USD price is facing massive trend channel resistance as the coin prints another 2021 high at $1.51. While the coin has retreated to $1.40 at the time of writing, the pair retains bullish momentum. In the short term, XRP/USD has gained more than 2% in the last 24 hours. The bulls needed a daily break…

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