BTC / USD quotes are trading at 57733 and continue to move as part of the correction and the formation of the “Triangle” pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $ 1,080,002,224,697. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again pushing the area between the signal lines, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, April 9, 2021, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the area of 53905. Where should we again expect a rebound and an attempt to raise the Bitcoin rate with a target above the 69505 area.
Bitcoin BTC / USD Forecast and Analysis April 9, 2021
An additional signal in favor of the growth of BTC / USD quotes will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the “Triangle” pattern. Cancellation of the option to raise the rate and value of Bitcoin will be a fall in the value of the asset and a breakdown of the area of 50905. This will indicate a breakdown of the support area and the continuation of the fall in the Bitcoin rate with a potential target at the level of 47505. With a breakdown of the resistance area and closing of cryptocurrency quotes above the level of 63505, which will indicate a breakdown the upper border of the “Triangle” model.
Thus, Bitcoin BTC / USD Forecast for April 9, 2021 implies an attempt to test the support level near the area of 53905. And further, the cryptocurrency will continue to grow with a potential target at 69505. An additional signal in favor of the Bitcoin rate growth will be a test of the support line on the relative strength index (RSI) … Cancellation of the cryptocurrency growth option will be a fall and a breakdown of the 50905 area. This will indicate a continued decline with a potential target below the 47505 area.
Ethereum forecast and ETH / USD analysis April 9, 2021
ETH / USD quotes are trading at the level of 2042.12 and continue to move as part of the correction and the beginning of the development of the “Triangle” model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 236,416,974,739. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test of the support level near the area of 1805.05. Where can we expect a rebound again and continued growth of the Ethereum rate with a potential target above the level of 2435.05.
Ethereum forecast and ETH / USD analysis April 9, 2021
An additional signal in favor of the growth of ETH / USD quotes will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the upper border of the “Triangle” pattern. Cancellation of the cryptocurrency growth option will be a fall and a breakdown of the level of 1575.05. This will indicate a breakdown of the support area and a continued fall in ETH / USD quotes below the level of 1385.05. With the breakdown of the resistance area and closing of quotations above the level of 2295.05, we should expect confirmation of the development of the upward movement in Ethereum.
Ethereum Forecast and ETH / USD April 9, 2021 implies an attempt to correct and test the support area near the level of 1805.05. Where can we expect a rebound and continued growth of the ETH / USD cryptocurrency to the area above the level of 2435.05. An additional signal in favor of Ethereum support will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option for the digital currency will be the breakdown of the 1575.05 area. This will indicate a continued fall in the digital currency with a potential target below the level of 1385.05.
Litecoin Forecast and Forecast for April 9, 2021
LTC / USD quotes are traded at the level of 224.12 and continue to move as part of the growth and the beginning of the development of the large “Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 14,976,713,766. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 210.55 area. Where can we expect a rebound again and continued growth in the Litecoin rate with a potential target above the level of 295.05.
Litecoin Forecast and Forecast for April 9, 2021
In favor of the growth of LTC / USD quotes, a test of the trend line on the relative strength index (RSI) will come out. The second signal will be a rebound from the upper border of the “Triangle” pattern. Cancellation of the growth option will be a fall in the value of the asset and a breakdown of the area of 160.05. This will indicate a breakdown of the support area and an acceleration in the fall of the cryptocurrency rate with a potential target below the level of 115.05. With the breakdown of the resistance area and closing of quotations above the level of 255.05, we should expect confirmation of the development of a bullish trend in Litecoin.
Thus, Litecoin cryptocurrency forecast for April 9, 2021 suggests an attempt to correct and test the support area near the level of 210.55. Where can we expect a rebound and continued growth in LTC / USD to the area above the level of 295.05. An additional signal in favor of Litecoin’s rise will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be a fall and a breakdown of the 160.05 area. This will indicate a continued fall in the cryptocurrency with a target below the level of 115.05.
