EXCHANGE

PARTNERSHIP

NEWS & RESEARCH

Research

Market Research

Cryptocurrency Market Overview - 29 April 2021

Source: Wisebitcoin 2021-04-29

 

logo

  BTCUSD

TECHNICAL VIEW 

 

 

btc april 29 2021

As could be seen on the chart above that the pair is trading above a strong support level that is 53260. Therefore, we will be bullish as long as the pair is trading above it. Our first target is 57000 followed by 57422. On the other hand, if the level of 53260 is broken, the pair might continue going downwards to reach 52000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
63000.00 53260.00
59414.83 52000.00
57422.27 50000.00

Recommended:

We are bullish as long as the pair is trading above the level of 53260.

 

 

logo

  ETHUSDT

TECHNICAL VIEW 

 

 

eth april 29 2021

The chart above shows that the pair is trading above a strong support level that is 2640. Therefore, we are bullish as long as the pair is trading above it. Our targets: 2800 followed by 2900. On the other hand, if the level of 2640 is broken, it might continue going downwards to reach 2400 followed by 2200.

 

Important Support and Resistance levels

Resistance Levels Support Levels
3100.00 2640.00
2900.00 2400.00
2800.00 2200.00

Recommended:

We are bullish as long as the pair is trading above 2640.

 

 

logo

  XRPUSDT    

TECHNICAL VIEW 

 

 

xrp april 29 2021

The chart above shows that the pair is trading above a strong support level that is 1.2870. Therefore, we will be bullish as long as the pair is trading above it. Our targets: 1.4000 followed by 1.5000. On the other hand, if the level of 1.2870 is broken, the pair might continue going downwards to reach 1.1974 followed by 1.0000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.6000 1.2870
1.5000 1.1974
1.4000 1.0000

Recommended:

We are bullish as long as the pair is trading above the level of 1.2870.