Market Analysis | April 20 Digital Currency Analysis (including BTC/ETH/XRP/EOS)

Market Analysis | April 20 Digital Currency Analysis (including BTC/ETH/XRP/EOS)


BTC


Main image data: from [Binance BTC]

BTC daily resistance level is 8500 area,

At present, it is still a volatile market of 7700-8500 US dollars .

However , stepping back on 8080 support is effective within days ,

The mid-term trend line has moved down to $ 7,680 and the trend has changed.

Bitcoin will continue to fluctuate in this range in the next few days to complete the consolidation,

If it breaks through 8500 effectively , the next wave will hit the 9500 area .

If 8500 is repeatedly suppressed , the mid-term top will be established, and the market outlook will continue to bottom.

ETH


ETH follows the trend of BTC,

Yesterday's rise can be amplified, pay attention to the pressure position above,

Pressure range: $ 576-598

Support range: $ 529-542

At this stage, I personally think that I should not chase the rise any more.

Can those who buy at low levels continue to hold coins and wait for the pressure to pass?

You can pay attention to other stagflation digital currencies.

XRP


XRP is currently near the previous pressure level,

If it can break through the short-term high to $ 0.9 ,

During the period of failure to break through the pressure, it is recommended to sell more and more.

BTC is buying when it oscillates and retraces,

The short- term buying range is $ 0.77-0.8 .

EOS


Although out of the upward trend, the attack volume for 3 consecutive days can get lower and lower,

In the early stage, a large number of stuck disks were around $ 10.19 .

Pay attention to the short-term pressure above, do not chase up~


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