Market Analysis of April 15th

The marketcap has been Moving down (-0.88%) since yesterday. The total capitalization is 2 220 760 830 633 USD.

Bitcoin totals 1 174 106 382 539 USD of capitalization for a dominance of 52.8%. Ethereum’s marketcap is 282 556 397 787 USD, followed by Binance Coin with 85 087 583 721 USD.

Market Sentiment

Latest Crypto Fear & Greed Index

Bitcoin Analysis

The BTC closed lower, trading around $62800.

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

What to do about it?

 The best thing to do is to wait for a better entry point and more development of the price action.

The supports of the day are at 60000$ — 62000$

The resistance of the day is at 65000$

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Ethereum Analysis

ETH closed higher trading around $2450 at the time of writting these lines.

The daily technical situation is rather positive and is quite negative 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 2400$ — 2450$
  • The resistance of the day is at 2500$

Conclusion

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


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