Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, April 28

pubblicato su by Cointele | pubblicato su

Morehead reiterated his bullish call on Bitcoin, calling it a 'screaming buy' at the current levels.

BTC/USDAfter breaking below the trendline, Bitcoin found buying support at the 20-day EMA. If the bounce breaks out of the trendline, the bulls will make another attempt to rally to $10,000 levels.

If the bears defend the trendline, the BTC/USD pair will turn down and probably break below the 20-day EMA. On any decline, the $8,000 levels will act as key support.

The BCH/USD pair will try to break out of $1,600 levels once again.

XLM/USDStellar dipped back below the range on April 25 but found strong buying support at the 20-day EMA, which has again propelled it back above the overhead resistance of $0.4.The next target on the upside is a move to $0.45 and above that to $0.47 levels.

We had expected it to race higher on breaking out of $160, but after breaking out of the overhead resistance on April 24, it again slumped back.

The price is attempting to bounce off the strong support levels.

If the cryptocurrency turns down and breaks below $141, it can slump to $120 levels once again.

We suggest retaining the stops at $140.ADA/BTCAfter failing to break out of the overhead resistance, Cardano pulled back to the 20-day EMA where it found support.

Currently, the bulls are making another attempt to break out of 0.00003445 levels.

x