Bitcoin / US Dollar
The Bitcoin market remains below its 50-day moving average, maintaining the market in an immediate downtrend with the market struggling to maintain above the $40,000 mark.
The 14th of April sees bearish momentum after flipping an initial bullish action, resulting in a 2.90% drop in the Bitcoin price, bringing its value to $39,954 per coin, with the highest and lowest BTC trading prices standing at $41,512 and $39,573 per coin.
At the start of the 15th of April, we see an early bullish action, resulting in a 0.58% increase in the Bitcoin price, translating to $40,184 per coin, with the highest and lowest trading prices seen standing at $40,451 and $39,770, respectively.
Indicators
The indicator chart shows that the Bitcoin market remains under bearish dominance as the relative strength index and the histogram and MACD are placed in bearish territory.
Due to the bearish activity on the 14th of April, the RSI fell to 39. On the 15th of April, the bullish start, the RSI increased to 40.
The MACD and histogram remain below the zero line, indicating bearish control of the market momentum and a negative outlook for the asset.
Buy and sell BTC on Remitano
Ethereum / US Dollar
On the 14th of April, the bears started a momentum after flipping an initial bullish, pushing the ETH market towards its 50-day moving average of $2,976. With the above, the bears influenced a 3.12% rise in the ETH price, bringing the price of each coin to $3,021. On the 15th of April, the bulls initiated a momentum, resulting in a 0.30% rise in the ETH price, translating to $3,030 per coin, with the highest and lowest price points being $3,047 and $3,011.
Indicators
The RSI remains below the 50 mark indicating bearish dominance of the market momentum.
On the 14th of April, the bearish activity resulted in a fall of the RSI to 44.88. On the 15th of April, the bullish activity in the market resulted in the relative strength index rising, standing at 45.24.
The MACD remains slightly above the zero line, indicating bullish dominance of the market momentum. However, the histogram falls below the zero line due to recent bearish action, indicating bearish momentum.
Buy and sell ETH on Remitano
Ripple / US Dollar
On the 14th of April, the bulls flipped an initial bearish market as indicated by the wick below the candle, and With the continued bullish dominance of the day, the XRP market rose by 0.32%, bringing the assets price to $0.726 per coin. On the 15th of April, bullish action resulted in a 7.67% rise in the XRP price, translating to $0.781 per coin. The XRP market has pushed to its 50-day moving average of $0.784. Nevertheless, the highest and lowest price points stand at $0.797 and $0.726.
Indicators
On the 14th of April, the bullish action resulted in a rise of the RSI to 39. With the continued bullish action on the 15th of April, the RSI has risen to 50. With the RSI at the 50 mark, the XRP market sees slight stability as the bulls push for dominance.
The histogram and MACD remain in the bearish territory (below the zero line), indicating bearish dominance of the market.
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Litecoin / US Dollar
The bears initiated a move on the 14th of April, taking the Litecoin market further away from its 50-day moving average of $113 per coin. With this move, the Litecoin market fell by 2.89%, bringing the Litecoin price to $107 per coin.
On the 15th of April, the bullish action saw the Litecoin market rise by 2.92%, offsetting the previous day's loss, bringing the LTC price to $110 per coin, with the highest and lowest price points at $110 and $107, respectively.
'### Indicators
The relative strength index remains below the 50 mark, indicating the dominance of the bears over the market.
On the 14th and 15th of April, volatile price action resulted in the RSI fluctuating between 41 and 45, respectively.
The histogram and MACD remain below the zero line, maintaining the negative outlook for the market.
Buy and Sell LTC on Remitano
Bitcoin Cash / US Dollar
On the 14th of April, the bears initiated a momentum that saw the Bitcoin Cash market fall by 1.05%, bringing the asset's price to $337 per coin. The wick above the candle indicates an early bullish start flipped by the bears. On the 15th of April, the bears continued their previous momentum, resulting in a 0.18% drop in the market, placing the Bitcoin Cash price at $336 per coin. The wick above and below the candle denote the highest and lowest price points seen, corresponding to $345 and $333.
The Bitcoin Cash market remains above its 50-day moving average of $328 despite bearish action, reflecting bullish market control.
Indicators
The bearish action on the 14th and 15th of April resulted in a fall of the relative strength index to 49.89 and 49.66. With the RSI below 50, the market remains bearish.
The MACD and histogram portray a market in a bearish grasp as it stands below the zero line, creating a negative outlook for the market.
Buy and sell BCH on Remitano
Cardano / US Dollar
On the 14th of April, the bears started a momentum, resulting in a 4.34% drop in the market, bringing the ADA price to $0.932 per coin. On the 15th of April, we see the bulls initiating a momentum resulting in the ADA price rising by 1.64%, bringing its price to $0.947 per coin. With the market still far from its close, the above value is likely to change. Nevertheless, as of the writing of this piece, the highest and lowest ADA prices stand at $0.958 and $0.929, respectively.
Indicators
On the 14th of April, bearish price action saw the relative strength index fall, maintaining a level below the 50 mark, corresponding to 40.48. On the 15th of April, the bullish action resulted in a rise of the relative strength index to 42.23.
The MACD and Histogram show a bearish shift, indicating growing bearish activity in the market.
Swap to ADA
Dogecoin / US Dollar
The bulls initiated a momentum on the 14th of April, resulting in a 2.93% rise in the Dogecoin price, translating to $0.144 per coin. The highest and lowest Dogecoin trading prices for the day stood at $0.147 and $0.136, respectively.
At the start of the 15th of April, we see continued bullish action, resulting in a 2.43% rise in the Dogecoin price, bringing its price to $0.147 per coin, with the highest and lowest trading prices standing at $0.149 and $0.141, respectively.
Indicators
On the 14th and 15th of April, the RSI stood at 53 and 55, depicting an increase in the bullish activity in the market, maintaining the RSI above the 50 mark and in bullish control.
The MACD stands well above the zero line, indicating bullish dominance. However, we see the histogram in the bearish territory due to previous bearish action.
Swap to DOGE
Correlations
- Bitcoin / Ethereum = 0.94
- Bitcoin / Ripple = 0.65
- Bitcoin / Litecoin = 0.87
- Bitcoin / Bitcoin cash = 0.71
- Bitcoin / Cardano = 0.87
- Bitcoin / Dogecoin = 0.61
Keynotes for today
- Bitcoin at $40,1 84er coin.
- Ethereum at $3,030 per coin.
- Ripple at $0.781 per coin.
- Litecoin at $110 per coin.
- Bitcoin Cash at $336 per coin.
- Cardano at $0.947 per coin.
- Dogecoin at $0.147 per coin.
