Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 1

Published on by Cointele | Published on

The upsloping moving averages and RSI close to the overbought zone shows that the bulls are in command.

Our view will prove to be wrong if the BTC/USD pair reverses direction from the current levels and drops below the moving averages.

ETH/USDThough Ethereum closed above $144.78 on March 29, the bulls could not sustain the higher levels.

Traders can retain the stop loss on the remaining long positions at $125.XRP/USDThe traders are not showing any interest either in buying or selling Ripple.

Our bullish view will be negated if the EOS/USD pair turns down from the current levels and slips below both the moving averages.

If the BCH/USD pair turns down from the current levels and plummets below the moving averages, it will lose momentum.

Traders can protect their long positions with the stop loss at $140.BNB/USDBinance Coin has extended its fabulous run as it attempts to break out of the stiff overhead resistance at $18. If the bulls can sustain this level, there is no visible resistance until the price reaches near $25. This will bring the digital currency close to the lifetime highs and will be a big sentiment booster.

If the price does not start an up move soon, it might face selling pressure again.

We shall soon suggest moving the stops to just below the 20-day EMA.The ADA/USD pair will lose momentum if the price fails to rebound off the 20-day EMA. The trend will turn negative on a breakdown and close below the 50-day SMA.TRX/USDTron is currently attempting to break out of the moving averages and the downtrend line.

If the bulls sustain this breakout, the price can rally to the next overhead resistance of $0.02815521.

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