Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, April 28

Don Moorhead, the CEO of Cryptocurrency Hedge Fund Pantera Capital, believes that the total cryptocurrency market capitalization will reach $ 40 trillion in nearly a decade. Current market cap is $ 421 billion.

Morehead Bitcoin reiterated his bullish call, calling it a 'screaming buy' at the current level.

John Pfeffer, a partner at the UK-based Pfeffer Capital, has suggested that it is a great investment to recommend Bitcoin at Sohn Investment Conference in New York. According to him, Bitcoin could replace gold or become the new reserve currency of the world. It raised its price to $ 700,000.

At the other end of the spectrum, PayPal, former head of Bill Harris, believes that Wikipedia is not fraudulent and worth billions.

The Bear Market in Cryptocurrencies has affected its trade volume. Average daily traded volumes fell from $ 17 billion in December to $ 7.4 billion in the first half of April.

This suggests that when market participants decrease price loss, many do not return to trading. However, the entry of organizational players is hoped to lead to losses in retail trade.

BTC/USD

After putting the trend down, Bitcoin found purchase support at the 20-day EMA. If the bounce trend is left, the bulls make another attempt at $ 10,000 levels. Our stop loss at the digital currency break wave does not hit our recommendation long lives still.

If the bears are saved, the BTC / USD pair will come down and probably break down under the 20-day EMA. Any decline, at $ 8,000 levels, is key support. If these breaks, $ 6,800 can be reinstated.

In a few days we'll get a better picture. Until then, place breaks in breakeven.

ETH/USD

Ethereum has a trend support. It is currently trying to move up to overhead resistance of $ 745.

If the bulls are successful in breaking a rival, the ETH / USD pair must rally up to $ 900. If we get an opportunity, we will have a long position over $ 745.

However, if the recovery is close to overhead resistance, virtual currency is between $ 600 - $ 745 will be unified within a few days. If the clarity is going up, the recovery will continue, or if the digital currency decline is once again seen at $ 500 levels.

BCH/USD

Traders are buying Bitcoin cash closer to $ 1,200 mark. As we now have full benefits in our space, we do not currently have any point in cryptocurrency.

BCH / USD pair again tries to overcome $ 1,600 levels. If successful, move up should be $ 1,800 and $ 2,000.

If bulls fail on overhead resistance, cryptocurrency may become a border between $ 1,200 and $ 1,600 for a few days.

We need to wait for a reliable purchasing setup before any trading is recommended.

XRP/USD

The wave crashed under the tripleline but managed 20-day EMA. It again climbs the trend and tries to get to $ 0.93777. If successful, the chance of breakout and rally increases to $ 1.08.

Bears provide strong resistance to the trend. If the XRP / USD pair fails to attain the above level, it indicates that it can not buy support. Under these circumstances, digital currency can be reached under the 20-day EMA and 50-day SMA.

We are unable to find a trusted purchase setup, so no long locations can be recommended.

XLM/USD

Even though Stellar was back in April 25, the 20-day EMA found strong buying support, which drifted back to $ 0.4 for resistance.

The upcoming goal is to move to $ 0.45 and above $ 0.47 levels. The XLM / USD pair forms a rounded bottom pattern, which will be completed at intervals of $ 0.48. It has a sample target of small resistance at $ 0.78 and $ 0.66.

If prices fail to breakout over overhead resistance, we can get a small dip, form a roof and manage the structure.

Since these are just chances, we need to wait for new trades to be clearly visible.

LTC/USD

Our recommendation location in Litecoin currently has a loss. We expected more than breaking from $ 160, but on April 24 it was again reduced after overhead resistance.

The good thing is that the LTC / USD tycoon supports buyout and moving averages at the edge of a bullish cross at the Downrand Line. The price is trying to bounce stronger support levels. If successful, $ 180 should be on rally cards.

But if cryptocurrency retreat and less than $ 141, it can once again degrade to $ 120 levels. Therefore, we suggest to retire at $ 140.

ADA/BTC

After failing to overheat the overhead resistance, Cardano retreated to the EMA for 20 days, where it found support. At present, 0.00003445 makes another attempt to break down the levels. If successful, we could expect a rally at 0.000045 levels.

If the bears fail in their breakout effort, the ADA / BTC pair will range between 0.000029-0.00003445 for a few days. If the range is broken, digital currency can slide to 50 days SMA.

We wait for the breakout to stay on top of the array before recommending any recent long locations. We'll get a clear picture in a few days.

IOTA/USD

IOTA doubled from the low price of $ 0.9150 made on April 06. It went ahead in the top 9 currencies through market capitalization. That's why we introduced it again in our analysis.

After extending, IOTA / USD added a base structure. It is currently trading at a large amount of $ 0.9150 - $ 2.2117.

In the last few days, the bulls are trying to get out of the bulls. If successful, we can see a new uptrend start.

However, digital sleeve is a slew of remedies at $ 2.62 and $ 3.145 from where to refuse. We are waiting for a few days before starting any latest locations.

If the breakout fails, the digital currency will fall to the 20-day EMA and fall below 50 days SMA.

EOS/USD

EOS has expanded its tactic. It broke up from overhead resistance at $ 16 and reached a lifetime high of $ 18.67 on January 13 this year. We do not have any profits right now because we have booked full profits and closed our business.

The trend is clear. The two moving averages have changed, and the RSI overburded territory, showing strong demand for the EOS / USD pair.

Still, we expect that the bears will offer strong resistance to $ 18.67 lifetime again. We have to wait for consolidation or retrus at levels of $ 16 before referring to long-term positions.