Bitcoin Forecast and Analytics for the week of April 12-16, 2021
Bitcoin BTC / USD ends the trading week at 58492, continues to move within the correction and the upward channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines, which indicates pressure from the buyers of the asset and the potential continued growth of the asset’s quotes. At the moment, we should expect an attempt to develop a correction and a test of the support area near the level of 55455. Where can we again expect a rebound and continued growth in the Bitcoin rate with a potential target above the level of 75505.
Bitcoin Forecast and Analytics for the week of April 12-16, 2021
An additional signal in favor of raising the BTC / USD quotes in the current trading week, the week of April 12-16, 2021, will be a rebound from the lower border of the “Triangle” model. The second signal will be a rebound from the support line on the indicator relative to the strength (RSI). Cancellation of the Bitcoin growth option will be a fall and a breakdown of the 47505 area. This will indicate a breakdown of the support area and a continued fall in BTC / USD quotes with a potential target below 38605. Confirmation of the development of an upward trend will be a breakdown of the resistance area and closing of quotes above the level of 63505.
Thus, Bitcoin Forecast and Analysis for the week of April 12-16, 2021 assumes an attempt to support the support area near the level of 55455. Then, the cryptocurrency will continue to grow to the area above the level of 75505. An additional signal in favor of the rise in the Bitcoin rate in the current trading week will be a test of the support line on the relative strength. Cancellation of the growth option for Bitcoin cryptocurrency quotes will be a fall and a breakdown of the 47505 area. In this case, we should expect a continued decline with a target at 38605.
Ethereum Price Prediction for the week of April 12 – 16, 2021
Ethereum ends the trading week at the level of 2071.83 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend for ETH / USD. Prices went up from the area between the signal lines, which indicates pressure from cryptocurrency buyers and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a rise in prices and a test of the support level near the area of 1895.00. Where can we expect a rebound again and continued growth in the rate and value of Ethereum with a potential target above the level of 2995.00.
Gold Price Forecast Today Weekly Forex Forecast 12-16 April 2021
Ethereum Price Prediction for the week of April 12 – 16, 2021
An additional signal in favor of the growth of ETH / USD quotes in the current trading week on April 12 – 16, 2021 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 growth option for the value of the cryptocurrency in the current trading week will be a fall and a breakdown of the level of 1505.05. This will indicate a breakdown of the support area and a continued fall in ETH / USD quotes with a potential target below the level of 965.05. Confirmation of the growth of the Ethereum cryptocurrency will be a breakdown of the resistance area and closing of quotations above the level of 2295.05.
XRP Price Prediction Cryptocurrencies for the week of April 12 – 16, 2021
XRP / USD quotes end the trading week at the level of 1.0065 and continue to move within the framework of the growth and the ascending channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the cryptocurrency from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support area near 0.8155. Where can we expect a rebound again and a continuation of the rise of the cryptocurrency to the area above the level of 1.2505.
XRP Price Prediction Cryptocurrencies for the week of April 12 – 16, 2021
An additional signal in favor of the growth of XRP quotes in the current trading week April 12 – 16, 2021 will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the growth option for the Ripple cryptocurrency will be a fall in prices and a breakdown of the 0.6585 area. This will indicate a breakdown of the support area and a continued fall in XRP / USD quotes with a target below the level of 0.4565. Confirmation of the growth of the cryptocurrency will be the breakdown of the resistance area and the closing of quotations above the 1.1505 area.
Therefore, XRP Forecast for the week of April 12-16, 2021 suggests an attempt to test the support level near the 0.8155 area. Where can we expect the continued growth of quotations with a potential target at the level of 1.2505. An additional signal in favor of a rise in XRP value will be a test of the trend line on the relative strength index (RSI). Cancellation of the cryptocurrency growth option will be the breakdown of the 0.6585 area. This will indicate a continued decline with a target below 0.4565.
Litecoin Price Prediction for the week on April 12 – 16, 2021
Litecoin LTC / USD ends the trading week at 226.05 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines. This indicates pressure from buyers of the digital asset and the potential continued growth of the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a correction and a test of the support area near the level of 205.05. Where can we expect a rebound again and an attempt to increase the fall in the value of Litecoin with a potential target above the level of 325.05.
Litecoin course forecast for the week on April 12 – 16, 2021
An additional signal in favor of raising the LTC / USD quotes in the current trading week April 12 – 16, 2021 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 growth option for the Litecoin digital asset will be a fall in prices and a breakdown of the 165.05 area. This will indicate a breakdown of the support area and a continued fall in the LTC / USD rate below 95.05. Confirmation of the rise in the cryptocurrency will be the breakdown of the resistance area and the closing of quotations above the level of 245.05.
Litecoin Forecast, April 12-16, 2021 implies an attempt to test the support area near the 205.05 level. Then, continued growth to the area above the level of 325.05. 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 165.05 area. This will indicate a continued decline in cryptocurrency with a target below 95.05.
