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Cryptocurrency Market Overview - 30 April 2021

Source: Wisebitcoin 2021-04-30

 

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  BTCUSD

TECHNICAL VIEW 

 

 

btc april 30 2021

The chart above shows that the pair is trading below a strong resistance level that is 56300. Therefore, we will be bearish as long as the pair is trading below it. Our first target is 52000 followed by 50430. On the other hand, if the level of 56300 is broken, the pair might continue going upwards to reach 58000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
60000.00 52000.00
58000.00 50430.00
56300.00 48000.00

Recommended:

We are bearish as long as the pair is trading below the level of 56300.

 

 

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  ETHUSDT

TECHNICAL VIEW 

 

 

eth april 30 2021

The chart above shows that the pair is trading above a strong support level that is 2664. Therefore, we are bullish as long as the pair is trading above it. Our targets: 2900 followed by 3000. On the other hand, if the level of 2664 is broken, it might continue going downwards to reach 2545 followed by 2200.

 

Important Support and Resistance levels

Resistance Levels Support Levels
3100.00 2664.00
3000.00 2545.17
2900.00 2200.00

Recommended:

We are bullish as long as the pair is trading above 2664.

 

 

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  XRPUSDT    

TECHNICAL VIEW 

 

 

xrp april 30 2021

The chart above shows that the pair is trading above a strong support level that is 1.2900. Therefore, we will be bullish as long as the pair is trading above it. Our targets: 1.4430 followed by 1.5000. On the other hand, if the level of 1.2900 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 1.2900
1.5000 1.1974
1.4430 1.0000

Recommended:

We are bullish as long as the pair is trading above the level of 1.2900.