Market Analysis | April 19 Digital Currency Analysis (including BTC/ETH/EOS/XRP)

Market Analysis | April 19 Digital Currency Analysis BTC

Main image data: selected from [Binance Btc]

The current consolidation shock zone 7700-8440 is still valid.

Currently running in the second upward segment of the consolidation inside yesterday's forecast chart.

We have been buying and turning long in the lowest range of shock consolidation, and have taken profit and exited at the high level.

The daily backstepping support is effective, 30ma moves down, and the trend is healthy.

After breaking through and stepping back, there is a price difference near $8,000 in the day and consider buying on dips again.

Before falling below 7700, it should not be blindly bearish.

ETH


ETH followed the trend of BTC and rebounded in intraday resonance

Pressure range: around 539

Support range: 504-513

EOS


After the support near the half-year line began to follow the rebound.

The increase can be reduced from the previous day,

Upper pressure area: $9.32-$9.69 ,

The suggestion to buy at a low price can be arbitrage out in this range.

Every adjustment is considering whether to intervene again.

XRP


XRP has been suggested to consider entering the position since the beginning of $ 0.65 ( was hovering at $0.66-0.662 at 5-7 am on the 18th )

After the callback, it also prompted the intervention range. Today it rose again to the pressure level.

It is not recommended to blindly chase

Pressure zone: $0.735

Support range: Another buying opportunity can be considered near 0.67 

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