Bitcoin (41k), Ethereum (3k), Luna Price Analyses
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Bitcoin’s price rallied on Monday after trading lower over the Easter holiday weekend. BTC’s price concluded its daily session +$1,113.4.
The BTC/USD 1D chart below from BlakeWissemann shows that BTC’s price broke its bear flag pattern to the downside before finishing just above support on the daily timescale.
As noted yesterday, there’s potential support at the $36,5k level but the chartist below highlights the $30,5k-$33,1k zone as the next serious support level for bulls.
The Fear and Greed Index is 27 Fear and is +3 from Monday’s reading of 24 Extreme Fear.
Bitcoin’s Moving Averages: 5-Day [$40,019.49], 20-Day [$43,521.85], 50-Day [$41,939.56], 100-Day [$43,533.05], 200-Day [$46,698.52], Year to Date [$41,523.52].
BTC’s 24 hour price range is $38,779-$40,949 and its 7 day price range is $38,779-$41,522. Bitcoin’s 52 week price range is $29,341-$69,044.
The price of bitcoin on this date last year was $55,721.
The average price of BTC for the last 30 days is $43,258.
Bitcoin’s price [+2.80%] closed its daily candle worth $40,821 and in green figures again for the first time in three days.
Ethereum Analysis
Ether’s price also finished up Monday’s daily session in green figures by more than 2% and +$66.61.
The second chart we’re analyzing to start the new trading week is the ETH/USD 4HR chart below from wsbhua. Ether’s price is trading between the 1.382 fibonacci level [$2,979.03] and 1.272 [$3,026.83], at the time of writing.
The targets to the upside for bullish Ether traders are 1 [$3,145.04], 0.786 [$3,238.04] and 0.618 [$3,311.06].
Conversely, bearish Ether traders are attempting to push ETH’s price below the 1.272 fib level [$3,026.83] followed by 1.382 [$2,979.03], 1.618 [$2,876.46], 2 [$2,710.45] and 2.618 [$2,441.87].
Ether’s Moving Averages: 5-Day [$3,010.30], 20-Day [$3,195.33], 50-Day [$2,959.51], 100-Day [$3,241.55], 200-Day [$3,332.33], Year to Date [$2,976.52].
ETH’s 24 hour price range is $2,898-$3,086 and its 7 day price range is $2,898-$3,146.
The price of ETH on this date in 2021 was $1,719-$4,878.
The average price of ETH for the last 30 days is $3,172.
Ether’s price [+2.23%] closed its daily candle on Monday worth $3,055.8 and has closed in green figures for three of the last four days.
Luna Analysis
LUNA’s price closed its daily session in green figures by more than 17% on Monday and +$13.72.
The third chart we’re analyzing today is the LUNA/USD 1D chart below by TradingShot. LUNA’s price is trading between the 0.5 fibonacci level [$67.87] and 1 [$105.55], at the time of writing.
The targets overhead for bullish traders are 1 [$105.55], and 1.236 [$130.01] if bullish traders can break LUNA’s all-time high of $119.18.
The targets to the downside for bearish LUNA market participants are 0.5 [$67.87] and 0 [$43.64].
Terra’s price is +511.4% against The U.S. Dollar for the last 12 months, +760.3% against BTC, and +346.4% against ETH over the same duration, at the time of writing.
LUNA’s Moving Averages: 5-Day [$82.42], 20-Day [$96.37], 50-Day [$82.86], 100-Day [$77.09], 200-Day [$52.13], Year to Date [$77.96].
LUNA’s 24 hour price range is $76.06-$91.56 and its 7 day price range is $76.06-$91.56. LUNA’s 52 week price range is $4.08-$119.18.
LUNA’s price on this date last year was $13.92.
The average price of LUNA over the last 30 days is $95.95.
LUNA’s price [+17.77%] closed its daily session with a bullish engulfing candle and worth $91 on Monday.
Cryptocurrency