BTC/USD are trading at 43777 and continue to move within the correction and the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $830,399,968,772. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the fall in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, April 8, 2022, we should expect an attempt to develop a correction in the…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Ethereum are trading at 3259 and continue to move as part of a correction and a bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $383,092,989,360. Moving averages indicate a short-term bullish trend for Ethereum. Prices are again testing the area between the signal lines up, which indicates pressure from buyers and a potential continued growth in the value of the asset already from 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…
XRP/USD are trading at 0.7825 and continue to move as part of the growth and the formation of a bullish “Wolfe Wave” pattern. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $37,295,077,945. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the decline in the XRP rate on the market from current levels. At the moment, we should expect an attempt to develop a correction…
LTC/USD are trading at 114.79 and continue to move as part of the fall and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $7,920,434,717. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a decrease in the value of the digital asset and a test of the…
DOGE/USD aare trading at 0.1476 and continue to move within the fall and the bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near the 0.1365 area. Where can we expect a rebound again and the continued growth of the Dogecoin rate with…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002516, they continue to move as part of the fall and the formation of the “Wedge” model. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices are testing the areas between the signal lines, which indicates pressure from buyers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop a correction in the value of a digital asset and…
SOL/USD are trading at 117.74 and continue to move as part of a strong downward correction and a bullish channel. Moving averages indicate the presence of a short-term bullish trend for Solana. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near the area of 105.05. Where can we expect a rebound and continued growth of…
LUNA/USD are trading at 106.79 and continue to move within the correction and the bullish channel. Moving averages indicate the presence of a short-term upward trend in Terra. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near the area of 95.05. Where should we expect a rebound again and continued growth of the Terra…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the bearish channel. There is also a potential for the formation of a ”Head and Shoulders” reversal pattern with a break down. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0968. As part of the…
Currency pair Pound/Dollar GBP/USD continues to move within the correction and has left the limits of the bullish correction channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3140. Moving averages indicate the presence of a short-term bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop a correction in the price of the British Pound…