Market overview 15.4.| BTC+XTZ+TRX

Table of Contents

Bullish will not leave his position why not?

Welcome to our market overview today.

overview of terms

In today’s market overview, in addition to Bitcoin, we also look at Tezos and Tron. At Bitcoin, you can see the first signs of life, according to TA?

Check last Market Overview here

Cryptocurrency market currently has a total market value of $ 198 billion. The decline from high in 2020 is $ 109 billion and bitcoin dominance is 64.3%.

The best growth yesterday was:

Terra (LUNA) $0,201523 USD (13,29%)

Komodo (KMD) $0,476574 USD (12,32%)

Quant (QNT) $5,11 USD (9,85%)

Basic Attention Token (BAT) $0,169999 USD (8,16%)

The biggest drop was recorded:

Digitex Futures (DGTX) $0,044134 USD (-2,74%)

DigiByte (DGB) $0,005386 USD (-1,71%)

Seele (SEELE) $0,069433 USD (-1,48%)

World markets overview yeterday

SP500: 2,78 %. NASDAQ: 4,14 %. GOLD: 1,30 %. DOW J.: 2,3 %

[BTC / USD] In 2020 to present value: -3,5%

For the past few weeks we have seen the same scenario where Friday night will start to fall. It will stabilize over the weekend and then start to grow again on Sunday. On Monday, it then reaches growth, which is almost completely erased on Tuesday. The last weeks have been like over a photocopier.

But this whole week has changed and the scenario has failed. Bitcoin is currently at $ 6,800, just above $ 6,700 support. We see resistance at $ 7,000 and $ 7,300, unconfirmed resistance and a step up to $ 7,700. Important for bulls is break through 7,000 USD.

It has been slow since the Sunday evening and is expected to be between $ 6,700 and $ 7,000. The Bulls are waiting for their opportunity, but resistance to the $ 7,000 is very respectful. It can be supported by world markets and their growth, but even there it calmed down and we see a 1 – 3% daily dispersion, which will certainly not affect Bitcoin.

[TRX / USD] In 2020 to the present value: -3%

At the moment we are at $ 0.0126 on TRX. On the graph we see the ascending, certainly we can say bullish, channel. Within this channel, this upward UP trend will continue until it encounters a horizontal severe resistance or the second condition is met until it breaks the support line of the channel. Meanwhile we see the channel unbreakable, so the bulls will not sell it yet and will wait for positions. If the support line breaks down, they will leave their positions and think about entering at $ 0.0119.

[XTZ / USD] In 2020 to present value: +46%

The bulls on XTZ will certainly not leave their positions. As we can see in the graph, we are still in a clear bullish channel and even the support line is currently $ 1.98 at a distance. Investors will remain in long positions until the support line channel is broken. As a result, XTZ is currently clearly predictable within TA. Nice trend for investors.