Price Analysis of BTC, ETH, XRP, SHIB: April 9
- The BTC/USD chart suggested a decline to $67,784 if the EMA’s positions remained the same.
- ETH might rise to $3,970 if bulls can defend the $3,338 support.
- SHIB and XRP’s prices might fall, with targets at $0.0000244 and $0.58, respectively.
In an interesting turn of events, Ethereum (ETH) outperformed Bitcoin (BTC), even though the latter initially jumped above $72,000 on April 8. According to CoinMarketCap, ETH’s price increased by 6.21% within the last 24 hours, while BTC’s performance was a 1.42% rise.
Besides these two, others like Shiba Inu (SHIB) and Ripple (XRP) also registered minor improvements. While XRP climbed to $0.61, SHIB retested $0.000029 after a 2.26% 24-hour increase.
Bitcoin (BTC)
Bitcoin’s rise to $72,798 was met with rejection, according to data from the 4-hour timeframe. As a result, the price slipped below $70,000, which was a crucial region. This decline could mean that BTC’s dominance was decreasing, considering how ETH outperformed it.
From a technical perspective, the Exponential Moving Aver…
The post Price Analysis of BTC, ETH, XRP, SHIB: April 9 appeared first on Coin Edition.
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Bitcoin Breakout Watch: RSI and Bollinger Bands Point to $100K Resistance
Price Analysis of BTC, ETH, XRP, SHIB: April 9
- The BTC/USD chart suggested a decline to $67,784 if the EMA’s positions remained the same.
- ETH might rise to $3,970 if bulls can defend the $3,338 support.
- SHIB and XRP’s prices might fall, with targets at $0.0000244 and $0.58, respectively.
In an interesting turn of events, Ethereum (ETH) outperformed Bitcoin (BTC), even though the latter initially jumped above $72,000 on April 8. According to CoinMarketCap, ETH’s price increased by 6.21% within the last 24 hours, while BTC’s performance was a 1.42% rise.
Besides these two, others like Shiba Inu (SHIB) and Ripple (XRP) also registered minor improvements. While XRP climbed to $0.61, SHIB retested $0.000029 after a 2.26% 24-hour increase.
Bitcoin (BTC)
Bitcoin’s rise to $72,798 was met with rejection, according to data from the 4-hour timeframe. As a result, the price slipped below $70,000, which was a crucial region. This decline could mean that BTC’s dominance was decreasing, considering how ETH outperformed it.
From a technical perspective, the Exponential Moving Aver…
The post Price Analysis of BTC, ETH, XRP, SHIB: April 9 appeared first on Coin Edition.
Read More