Can bulls seize the initiative next week? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie ethereum sassal0x EFDevcon peter_szilagyi EthereumNetw
On the daliy chart, bulls are trying to hold the interim $37,700 level against the declining trading volume. If they manage to do that by the end of the day, the upcoming week might be bullish for the leading cryptocurrency. In another case, the breakout ofBitcoin is trading at $37,991 at press time.Ethereum is more bearish than Bitcoin as the rate of the main altcoin has dropped by 5.53% since the beginning of the week.
Analyzing the daily chart, Ethereum has dropped below the $2,774 level. If buyers cannot seize the initiative and the weekly candle fixes below it, the fall may continue to the $2,500-$2,400 zone by mid-May.On the weekly chart, the price is coming back to the support level of the wide channel against the increased trading volume. If bears' pressure continues, the following week might begin with a further decline of XRP. In this regard, there is a high possibility to see the test of the $0.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These are the BTC price levels to watch as Bitcoin risks worst April on record$35,000 is gaining importance as Bitcoin prepares to close the worst April in its history.
Read more »
Weekend Watch: BTC Below $40K, ApeCoin Soars 14% Ahead of Otherside SaleApeCoin is the only cryptocurrency with substantial gains as most of the market - including bitcoin - has charted new losses.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend – Market Updates Bitcoin NewsBitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend – Market Updates Bitcoin NewsBitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures.
Read more »
Smart money is accumulating Ethereum even as traders warn of a drop to $2.4KShort-term price predictions for Ethereum are bearish, but on-chain data highlights smart money accumulating ETH in anticipation of the Merge.
Read more »
Bitcoin retreats toward $38K after Friday sparks losses for 'nearly everything' outside ChinaBTC price performance stays weak on macro losses as one analyst looks for hints of a new Bitcoin supply squeeze.
Read more »