Crypto Price Trends
Bitcoin Price Analysis
Bitcoin attempted a recovery on April 8 but faced firm resistance at the 20-day EMA ($82,218), suggesting ongoing bearish sentiment. Sellers remain active on rallies.
The downward slope of the moving averages favors bears, though the RSI’s bullish divergence hints at weakening bearish momentum. A drop below $73,777 could lead to a fast decline to $67,000, where buyers may step in around $65,000.
To reverse this setup, bulls must push the price above the 50-day SMA ($85,703). Until that happens, every bounce is likely to meet selling pressure.
Ether Price Analysis
Ether remains in a downtrend but has reached support at $1,368, opening the door for a potential short-term bounce toward the 20-day EMA ($1,786).
However, the EMA may act as strong resistance. If ETH gets rejected and dips below $1,368, it could quickly fall to $1,150. Alternatively, a rebound off $1,368 would signal consolidation.
A break above the 20-day EMA would suggest a shift in momentum. The ETH/USDT pair might then rise toward the $2,111 breakdown point.
XRP Price Analysis
XRP tried to climb above the $2 level on April 8 but met resistance, confirming that bears are defending that price and flipping it into a ceiling.
A breakdown below $1.61 could resume the downtrend, dragging XRP to the next support at $1.27. Bulls must defend this zone aggressively to avoid deeper losses.
If buyers push the price above the 20-day EMA ($2.10), a rally to the 50-day SMA and then to the resistance line may unfold.
BNB Price Analysis
BNB is attempting to form a higher low at $520, signaling buyer interest at lower levels and an early sign of a potential uptrend formation.
Bulls will aim for a move toward the downtrend line, a tough resistance point. A failure there could keep the BNB/USDT pair within a triangle pattern for now.
On the downside, a break below the support line risks a drop to $460. A fall beneath that level could send BNB down to $400.
Solana Price Analysis
Solana has slipped under the $110 support, but a lack of follow-through selling shows bears aren’t strongly pressuring lower prices at the moment.
Resistance awaits in the $110–$120 range. A reversal here suggests bears remain in control, and a break under $95 could push SOL to $80.
Conversely, a close above $120 would invalidate the breakdown and set the stage for a potential rally to $147 or even $180.
Dogecoin Price Analysis
Dogecoin is hovering near the $0.14 support amid a tight tug-of-war between bulls and bears, with sellers still having an edge.
The RSI shows a bullish divergence, hinting that selling might be slowing. Still, a sustained move below $0.14 could open the path to $0.10.
A close above $0.20 would confirm a double bottom pattern, with DOGE/USDT possibly targeting $0.24 and then $0.26.
Cardano Price Analysis
Buyers are trying to hold Cardano above $0.50, but every attempt to rally is being sold into, indicating weak bullish momentum.
If ADA drops below $0.50, it may fall to $0.45 and then $0.40. Buyers will likely defend the $0.30–$0.40 support range with determination.
A break above the 20-day EMA ($0.65) could lift ADA toward the 50-day SMA ($0.72), a level where bears may attempt to halt the recovery.
UNUS SED LEO Price Analysis
LEO has started to rebound but may face selling near the 20-day EMA ($9.36), suggesting traders are selling into strength.
A drop below $8.80 could push the LEO/USD pair to $8.30. If bulls succeed in holding above the 20-day EMA, it would show strong demand at lower levels.
The next target could then be the overhead resistance at $9.90.
Chainlink Price Analysis
Chainlink has fallen to the lower boundary of its descending channel, where buyers are trying to prevent further decline.
The price may rise from support but will likely face selling pressure at the moving averages. If LINK fails there, it could slide to $8.
To gain traction, bulls must clear the 50-day SMA ($14.50). This breakout could push LINK/USDT to the channel’s upper boundary.
Toncoin Price Analysis
Toncoin is finding support at $2.84 but has yet to bounce back meaningfully, showing weak demand from bulls.
The RSI and sloping EMA favor bears. A dip under $2.84 could send TON to $2.35. Buyers must break above the moving averages to change sentiment.
If they succeed, a rally toward $4.14 may be in play—though bears will likely resist there.