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Cryptocurrency Market Overview - 27 April 2021

Source: Wisebitcoin 2021-04-27

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  BTCUSDT

TECHNICAL VIEW 

 

 

btc april 27 2021

Based on the analysis of yesterday, the pair is still trading above a strong support level that is 50000. Therefore, we will be bullish as long as the pair is trading above it. Our first target is 54070 followed by 56000. On the other hand, if the level of 46493 is broken, the pair might continue going downwards to reach 44000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
60000.00 50000.00
56900.00 47050.00
54070.86 44000.00

Recommended:

We are bullish as long as the pair is trading above the level of 50000.

 

 

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  ETHUSDT

TECHNICAL VIEW 

 

 

eth april 27 2021

The chart above shows that the pair is trading above a strong support level that is 2250. Therefore, we are bullish as long as the pair is trading above it. Our targets: 2500 followed by 2654. On the other hand, if the level of 2400 is broken, it might continue going downwards to reach 2300.

 

Important Support and Resistance levels

Resistance Levels Support Levels
2800.00 2400.00
2654.78 2300.00
2600.00 2160.00

Recommended:

We are bullish as long as the pair is trading above 2400.

 

 

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  XRPUSDT

TECHNICAL VIEW 

 

 

xrp april 27 2021

As could be seen on the chart above that the pair is facing a strong resistance level that is 1.4500. Therefore, we will be bearish as long as the pair is trading below it with targets: 1.3000 followed by 1.1014. On the other hand, if the level of 1.4515 is broken, the pair might continue going upwards to reach 1.6000 followed by 1.7360.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.7360 1.3000
1.6000 1.1014
1.4500 0.8824

Recommended:

We will be waiting for the pair to confirm its next movement.

Losses can exceed your deposits.