Market Analysis of April 14th

The marketcap has been Moving up (4.54%) since yesterday. The total capitalization is 2 236 028 200 981 USD.

Bitcoin totals 1 192 695 519 686 USD of capitalization for a dominance of 53.4%. Ethereum’s marketcap is 270 223 417 281 USD, followed by Binance Coin with 89 953 912 602 USD.

Market Sentiment

Latest Crypto Fear & Greed Index

Bitcoin Analysis

The BTC closed higher, trading around $64000.

The daily technical situation is rather positive and remains rather positive in 4 hours.

What to do about it?

 The best thing to do is to wait for a better entry point. On retracement, most likely around $62000

  • The supports of the day are at 55000$ — 62000$
  • The resistance of the day is at 65000$

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Ethereum Analysis

This is the same story for ETH, trading around $2350 at the time of writting these lines.

The daily technical situation is rather positive and remains positive in 4 hours.

What to do about it?

 

The best thing to do is to wait for a better entry point.

  • The supports of the day are at 2150$ — 2300$
  • The resistance of the day is at 2400$

Conclusion

We have to wait for a better entry point for ETH and BTC.


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