Bitcoin and Ethereum Still Range-Bound, LUNA Gains Traction | Coinparative
Coinparative

  • News
    • Crypto News
    • Blockchain News
    • Altcoin News
    • Press Release
    • NFT News
    • Metaverse
    • Web3.0 News
    • Trending
  • Insights
    • Explainer
    • Research
  • Guides
  • Market
    • Market analysis
    • Market News
    • Reviews
    • Price Index
  • Videos 🚀
No Result
View All Result
  • About Us
  • Contact
  • jeet-detector-bot
    JDB(JDB)
    $0.00-0.61%
  • bitcoin
    Bitcoin(BTC)
    $0.00-0.13%
  • ethereum
    Ethereum(ETH)
    $0.000.870%
  • usdex-stablecoin
    USDEX(USDEX)
    $0.00-0.53%
  • tether
    Tether(USDT)
    $0.00-0.17%
  • usd-coin
    USD Coin(USDC)
    $0.00-0.05%
  • binancecoin
    BNB(BNB)
    $0.001.19%
  • ripple
    XRP(XRP)
    $0.000.960%
  • binance-usd
    Binance USD(BUSD)
    $0.00-0.11%
  • cardano
    Cardano(ADA)
    $0.003.36%
  • dogecoin
    Dogecoin(DOGE)
    $0.0010.06%
  • matic-network
    Polygon(MATIC)
    $0.000.200%
  • okb
    OKB(OKB)
    $0.000.470%
  • solana
    Solana(SOL)
    $0.00-0.04%
  • staked-ether
    Lido Staked Ether(STETH)
    $0.000.250%
  • polkadot
    Polkadot(DOT)
    $0.000.340%
  • shiba-inu
    Shiba Inu(SHIB)
    $0.002.36%
  • litecoin
    Litecoin(LTC)
    $0.002.77%
  • avalanche-2
    Avalanche(AVAX)
    $0.00-4.57%
  • tron
    TRON(TRX)
    $0.00-0.22%
View All
Coinparative
Home News

Bitcoin and Ethereum Still Range-Bound, LUNA Gains Traction

April 5, 2022
in News
250 2
A A
0
Bitcoin and Ethereum Still Range-Bound, LUNA Gains Traction
Share on FacebookShare on Twitter
  • Bitcoin price is trading in a range below USD 47,000.
  • Ethereum is stuck near USD 3,500, XRP is consolidating near USD 0.82.
  • LUNA accelerated toward USD 120.

Bitcoin price recovered losses and climbed above the USD 46,000 level. BTC even surpassed the USD 46,500 resistance zone. It is currently (11:48 UTC) trading in a range near USD 46,700 and might test USD 47,000. The price is now up over 1% in a day

Besides, most major altcoins are trading in a range. ETH is consolidating near USD 3,500 and facing resistance near USD 3,550. XRP might correct lower if it stays below the USD 0.835 level. ADA is consolidating near the USD 1.20 level.

Total market capitalization

Bitcoin price

After a close above USD 46,000, bitcoin price extended its increase. BTC climbed above the USD 46,500 level, but it is facing a major resistance near the USD 47,000 level. The next key resistance is near the USD 47,500 level. A clear move above the USD 47,500 level may perhaps start a stronger increase to USD 48,800 or even USD 49,200.

If not, there is a risk of a fresh decline below the USD 46,000 support. The next major support is near USD 45,500, below which the price might revisit the USD 45,000 support.

Ethereum price

Ethereum price is consolidating near the USD 3,500 level and is up over 1% in a day. An immediate resistance is near the USD 3,550 level. The next key resistance might be near the USD 3,580 level, above which the price could gain bullish momentum in the near term.

On the downside, an immediate support is near the USD 3,480 level. The next major support is near the USD 3,450 level. If there is a downside break below USD 3,450, the bulls might even struggle to protect the USD 3,400 level. 

ADA, BNB, SOL, DOGE, and XRP price

Cardano (ADA) is stuck near the USD 1.20 pivot level. On the upside, an initial resistance is near the USD 1.22 level. The next stop could be USD 1.245, where the bears might take a stand.

BNB is consolidating gains near the USD 455 level. If the bulls remain in action, the price could rise towards the USD 465 level. The next major resistance may possibly be near the USD 480 level.

Solana (SOL) is trading in a range near the USD 132 support. If it stays above the USD 130 level, the bulls might attempt a fresh increase. In this case, the price might rise towards the USD 140 level.

DOGE is trying to gain pace above the USD 0.150 resistance but is still down almost 1% in a day. However, it seems like the price may soon test USD 0.154. Any more gains could send DOGE toward USD 0.162.

XRP price is still trading near the USD 0.82 support. If there is a bearish reaction, the bulls might appear near USD 0.805. On the upside, the USD 0.85 level is a major resistance.

Other altcoins market today

A few altcoins are up over 5%, including NEAR, XMR, RUNE, LUNA, APE, CELO, and MINA. Out of these, LUNA jumped more than 5% and neared the USD 120 level, increasing its weekly gains to 21%.

To sum up, bitcoin price is consolidating well above the USD 46,000 level. To gain bullish momentum, BTC must gain pace above the USD 47,000 and USD 47,500 levels.

_____ 

Source: Crypto News

Share196Tweet123Share34Pin44ShareSend

Related Articles

South America-based exchange volume continues positive trajectory
Blockchain News

South America-based exchange volume continues positive trajectory

January 31, 2023
1.4k
Binance was Requested to Stop Marketing Its Savings Products in Uruguay
News

Crypto Narratives and the Bitcoin Anti-Narrative

January 31, 2023
1.4k
Bitcoin (BTC) and Ethereum (ETH) Slowly Climb; Orbeon Protocol (ORBN) Ahead of the Competition With 1400% Gains
News

Bitcoin (BTC) and Ethereum (ETH) Slowly Climb; Orbeon Protocol (ORBN) Ahead of the Competition With 1400% Gains

January 31, 2023
1.4k
Strike Expands Remittances Via Send Globally Service Over Bitcoin’s Lightning Network to Philippines
News

Strike Expands Remittances Via Send Globally Service Over Bitcoin’s Lightning Network to Philippines

January 31, 2023
1.4k
News

Cryptonews.com

January 31, 2023
1.4k
Court-appointed examiner confirms Celsius operated as a Ponzi
Blockchain News

Court-appointed examiner confirms Celsius operated as a Ponzi

January 31, 2023
1.4k
Load More

Discussion about this post

Coinparative

2022 © All Rights Reserved.

Coinparative specializes in the digital News and research on cryptocurrency, Digital Assets and Blockchain

  • Advertise
  • Privacy Policy
  • Terms
  • About Us
  • Contact

Follow Us

No Result
View All Result
  • News
    • Crypto News
    • Blockchain News
    • Altcoin News
    • Press Release
    • NFT News
    • Metaverse
    • Web3.0 News
    • Trending
  • Insights
    • Explainer
    • Research
  • Guides
  • Market
    • Market analysis
    • Market News
    • Reviews
    • Price Index
  • Videos 🚀

2022 © All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
DON’T MISS OUT!
Subscribe To Newsletter
Be the first to get latest updates and exclusive content straight to your email inbox.
Stay Updated
Give it a try, you can unsubscribe anytime.
close-link
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.