Price analysis 4/14: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO

Bitcoin bulls (BTC) try to start the week on a positive note by pushing the price of more than $ 85,000. Michael Saylor’s strategy used the recent DIP to buy 3,459 bitcoin for $ 285.5 million at an average price of $ 82,618. This increases the company’s total detention to 531,644 Bitcoin bought at an average price of $ 67,556.

However, not everyone is optimistic in the short term. Several institutional investors seem to have reduced their assets. Coinshares reported on April 14 that digital products negotiated on the stock market (FTE) attended $ 795 million in outings last week. The $ 7.2 billion in outings since February have reversed almost all the entries of the year, now at only $ 165 million.

Although Bitcoin seems to have a short -term background, a rummer upturn market rally will probably not start. Price securities and the outcome of pricing talks between the United States and other countries could dictate prices’ action.

Could Bitcoin rely on recovery, drawing altcoins above? Let’s analyze the graphics to discover it.

Price analysis of the S&P 500 index

The S&P 500 index (SPX) has experienced an extremely volatile week, but a positive sign is that lower levels have attracted solid purchases by Bulls.

After the massive volatility of the last days, the index could enter a quieter phase. Sellers are likely to sell rallies nearly 5,500, while Bulls should buy the decreases in support of 5,119. This signals a possible action linked to the beach between 5,500 and 5,119 for a while.

The next trend decision should start after buyers push the price above 5,500 or flow below 4,950. If the level of 5,500 is withdrawn, the index could increase to 5,800.

Price analysis of the US dollar index

The US dollar index (DXY) has been in free fall since it is declining the 20 -day exponential mobile average (102.81) on April 10.

Buyers defended the level of 99.57 on a closing base on April 11, but the Bears renewed their sale on April 14. If the price ends below 99.57, the index could increase to 97.50 and, after that, to 95. The more the price remains less than 99.57, the more the risk of starting a new drop.

If buyers want to prevent a downward movement, they will have to quickly postpone the price above 99.57. This could start recovery at 101.

Bitcoin price analysis

Bitcoin broke out above the resistance line on April 12, and the Bulls succeeded in the level of rupture on April 13.

The 20 -day EMA ($ 82,979) has flattened and the RSI is near the median point, which suggests that the reduced sales pressure. The BTC / USDT pair could increase to $ 89,000, which should act as rigid resistance. If the price drops sharply by $ 89,000 and breaks below the 20 -day EMA, it will indicate beach training. The pair can oscillate between $ 89,000 and $ 73,777 for a few days.

If the sellers want to trap the aggressive bulls and keep control, they will quickly withdraw the price below the 20 -day EMA. If they do, the pair can drop to $ 78,500 and subsequently in vital support at $ 73,777.

Ether price analysis

ETHER (ETH) is faced with the 20 -day EMA sale ($ 1,722), as shown in the long wick on the candlestick of April 14.

If the price falls below $ 1,546, the ETH / USDT pair could retest the support of $ 1,368. This is a crucial level for Bulls to defend because a break below $ 1,368 could start the next step in the downward trend around $ 1,150.

Conversely, if buyers propel the price above the 20-day EMA, this indicates that the bears lose their grip. There is a 50 -day SMA resistance ($ 1,955), but it should be crossed. The pair can then rise to the solid resistance at $ 2,111.

XRP price analysis

XRP (XRP) fell 50 days SMA ($ 2.24) on April 13, indicating that sellers are active at higher levels.

The 20 -day EMA ($ 2.10) has flattened and the RSI is near the median point, indicating a balance between supply and demand. A break below $ 2 will incline the advantage in favor of bears. The XRP / USDT pair could drop to $ 1.72 and later to $ 1.61.

Buyers will gain the upper hand if they push and maintain the price above the SMA of 50 days. If they can withdraw it, the pair could reach the resistance line. Sellers should aggressively defend the resistance line because a rupture above points out a change in potential trend.

BNB price analysis

The BNB (BNB) faces a downward resistance to line, but a minor positive is that the bulls have not given up much to the bears.

This increases the probability of a break over the downline line. If this happens, the BNB / USDT pair could increase to $ 645. Sellers will try to keep the level of $ 645, but it will probably be crossed.

This positive view will be invalidated in the short term if the price drops sharply from the downline line and decomposes below $ 566. This could keep the pair stuck inside the triangle for a while longer.

Solana price analysis

The sellers try to defend the 50 -day SMA ($ 130) in Solana (ground), but the Bulls have maintained the pressure.

If the price closes above the 50-day SMA, the floor / USDT pair could reach the resistance area from $ 147 to $ 153. Sellers should vigorously defend this area, but if the Bulls prevail, the pair could drop to $ 180.

The first support for the decline is 20 days EMA ($ 123). A 20 -day EMA rebound will maintain the intact positive dynamics, while a break below could run the pair at $ 110 and finally at $ 95.

In relation: Solana brings together 20% against Ethereum, but the soil price of $ 300 at hand?

Dogecoin price analysis

Buyers are trying to start a Dogecoin recovery (DOGE) but should cope with a rigid resistance of bears with mobile averages.

If the price decreases in mobile averages, the Bears will try again to pour the Doge / USDT pair below $ 0.14. If they manage to do so, the sale could accelerate and the pair can sag to $ 0.10.

Unlike, if buyers propel the price above medium-sized medium-sized, the pair could come together at $ 0.20. This is an important short-term level to monitor because a rupture above it will end a double low model. The pair could then climb towards the model lens of $ 0.26.

Cardano price analysis

Buyers find it difficult to push Cardano (ADA) above the 20-day EMA ($ 0.65), which indicates that demand dries up at higher levels.

If the price decreases compared to the 20 -day EMA, the next drop in decline is $ 0.58, then $ 0.50. Buyers should fiercely defend the level of $ 0.50 because a break below could flow the ADA / USDT pair at $ 0.40.

Uplining, buyers will have to drive and maintain the price above the 50-day SMA ($ 0.71) to point out that the downward trend could be over. This could propel the pair at $ 0.83 and then $ 1.03.

Analysis of UNUS Sed Leo Prices

Buyers try to push Unus Sed Leo (Leo) above the 20-day EMA ($ 9.39), but the Bears pose a substantial challenge.

The 20 -day EMA flattening and the RSI near the median point suggest a balance between supply and demand. This could keep the Leo / USD pair stuck between $ 9.90 and $ 8.79 for a few days.

The next trend decision could start a break over $ 9.90 or less than $ 8.79. If the buyers give a kick at the price of more than $ 9.90, the pair will complete an upward triangle model. This bullish configuration has a target target of $ 12.04.

Learning, a breakdown of less than $ 8.70 could point out the start of a deeper correction to $ 8.30.

This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.

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