Crypto Signals
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Cryptosignals.org Daily Crypto Overview

Bitcoin:        $62,675.46 (⬇️ -4.27%)
Ethereum:     $3,048.51  (⬇️ -3.35%)

Bitcoin Fear and Greed Index: 65 Greed 🙂
Major bias for Bitcoin in the past 7 days: 🐻 Bearish

Trending Coins (Top gainers & losers)

TIA:        3.53% ⬆️
SKL:       2.24% ⬆️
JTO:      -5.01% ⬇️
BCH:    -4.29% ⬇️

Today's highlights

Bored Ape NFT floor price hits lowest point in over two and a half years
- Cointelegraph

Analyst Who Called Bitcoin's Pre-Halving Rally to $70K Turns Bearish
Coindesk
I WILL SOON GIVE YOU A LIST OF THE BEST CRYPTO COINS TO BUY…❤️ ❤️❤️
 
That will be in our VIP group (https://cryptosignals.org/)

In his most recent newsletter, Chris Campbell (of Altucher Confidential) says this:

👍“Crypto is an asymmetrical bet -- massive upside with relatively limited downside risk. While there’s volatility and the potential for short-term price fluctuations, the potential upside is enormous.

If cryptocurrencies achieve even a fraction of their potential for disrupting traditional financial systems and becoming a global store of value, the returns will be exponential.

Throughout history, there have been several asymmetric bets that have generated enormous wealth for early adopters.

Examples include investing in companies like Apple, Amazon, or Google during their early stages, or even investing in hard assets during commodity supercycles.

However, the potential scale and impact of cryptocurrencies far exceed these examples.

Cryptocurrencies have the potential to revolutionize entire industries, disrupt traditional financial systems, and create entirely new economies.”
👍
Solana (SOL/USD) Trade Downsizes, Finding Support at $120

Recently, price reactions that featured is in the control of bears to make corrections, given that the SOL/USD market downsizes from around the resistance of $200 to find support at $120.

The last three days of bearish market movements tested the $120 value line before making a sudden shift that produced promising positive swings that are currently visible in the market.

You can read more here:
https://cryptosignals.org/crypto/solana-sol-usd-trade-downsizes-finding-support-at-120/
XRP Surpasses Key Support and Returns to the $0.48 Low

The XRP (XRP) price falls below the moving average lines and returns to the $0.48 low. On April 12, the cryptocurrency price fell significantly, breaching the $0.56 support.

The altcoin plummeted to a low of $0.50 as bulls purchased dips. The altcoin is predicted to hit its prior low of $0.48. On the downside, if XRP falls and remains above the $0.48 support, the altcoin will be forced into a range-bound move above the current level.

You can read more here: https://cryptosignals.org/technical-analysis/xrp-surpasses-key-support-and-returns-to-the-0-48-low/
Ethereum Struggles above $3,000 as It Retests Existing Support

Ethereum's (ETH) price has fallen further below the moving average lines as it retests existing support. On April 13, 2024, Ether fell to a low of $2,848 and began a range-bound move above the present support. The bulls and bears are currently battling Ether's slide above the $2,800 support level.

On April 13, bears drove the cryptocurrency above the $2,800 low. On April 14, bulls purchased the dips and pushed Ether above the $3,000 support.

You can read more here: https://cryptosignals.org/eth/ethereum-struggles-above-3000-as-it-retests-existing-support/
Crypto Signals
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Cryptosignals.org Daily Crypto Overview

Bitcoin:        $64,032.84 (⬆️ 1.34%)
Ethereum:     $3,092.67  (⬆️ 0.37%)

Bitcoin Fear and Greed Index: 67 Greed 🙂
Major bias for Bitcoin in the past 7 days: 🐻 Bearish

Trending Coins (Top gainers & losers)

OGN:       0.94% ⬆️
MKR:       2.38% ⬆️
SKL:         -7.11% ⬇️
NEO:      -3.89% ⬇️

Today's highlights

Railgun denies being used by North Korea as it nears $1B total volume
- Cointelegraph

Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
Coindesk
Arbitrum (ARB) Fights for Recovery After Hitting $0.8556 Low

The price of Arbitrum experienced an attempted rebound on Sunday, spurred by a drop to $0.85 the previous day. However, this recovery proved premature, meeting formidable resistance as traders sought to exit positions to mitigate liquidity concerns, thereby amplifying the looming downside risk.

Currently trading at $1.1319, the situation underscores the challenges faced by the market, highlighting the delicate balance between recovery efforts and the persistent threat of further decline amidst prevailing uncertainties.

You can read more here: https://cryptosignals.org/arb/arbitrum-arb-fights-for-recovery-after-hitting-0-8556-low/
Arbitrum Trade Signal (SWING)

Instrument: ARBUSD
My opinion: Buy Stop
Entry price: $1.200
Stop: $1.000
Target: $2.000
Our risk setting: 1%
RRR: 1:4

NB: We will close this pending trade if not triggered within 28 hours.
I WILL SOON GIVE YOU A LIST OF THE BEST CRYPTO COINS TO BUY…❤️❤️❤️

That will be in our VIP group https://cryptosignals.org/

👍“I believe an upcoming Bitcoin catalyst will trigger the biggest bull market in the history of financial markets…

Bigger than the roaring 20s…

And even bigger than the tech boom of the 90s.”
– James A.👍
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DOGE is going multichain!

Contract has been audited!!

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Cardano Holds above $0.42 after Dipping into the Oversold Region 

Cardano (ADA) has fallen to a low of $0.40 after dipping into the oversold region. The cryptocurrency asset has fallen and surpassed its predicted price of $0.42. Cardano previously rallied to a high of $0.80 before being rejected. Buyers were unable to sustain the positive momentum above the $0.80 high. On the downside,

Cardano has slipped into the market's oversold area. On April 13, 2024, the ADA price dipped to a low of $0.40 but recovered above the $0.42 support. 

You can read more here: https://cryptosignals.org/ada/cardano-holds-above-0-42-after-dipping-into-the-oversold-region/
Litecoin (LTC/USD) Price Has Dumped, Aiming to End Corrections

There has been a considerable recouping process in the market valuation of the LTC/USD, just as the situation currently shows that the price has dumped, aiming to end corrections above the support of $70.

Although the forces supporting the resumption of rises have not yet been optimally aligned to generate strong, positive moves that buyers can use to leverage longing position orders immediately, it would be prudent to start making modest recoveries ahead of the market's steady ascent.

You can read more here:
https://cryptosignals.org/crypto/litecoin-ltc-usd-price-has-dumped-aiming-to-end-corrections/
Compound (COMPUSD) Sellers Hints At Sell Breakout

Market Analysis – Compound Remain in Consolidation Fold

COMPOUND sellers hint at a sell breakout. Compound has been experiencing a consolidation phase in the crypto market, with the price struggling to gain momentum between the key levels of $76.820 and $68.250.

This consolidation phase indicates a period of indecision and a battle between buyers and sellers for control of the market.

You can read more here: https://cryptosignals.org/technical-analysis/compound-compusd-sellers-hints-at-sell-breakout/
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Compound (COMPUSD) Trade Signal (INTRA DAY)

Instrument: COMP/USD 
My opinion: Sell Stop
Entry price: $50.60
Stop: $55.26
Target: $40.10
Our risk setting: 1% 
RRR: 1:2

NB: We will close this pending trade if not triggered within 25 hours. 
 
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Cryptosignals.org Daily Crypto Overview

Bitcoin:        $61,764.79 (⬇️ -3.83%)
Ethereum:     $3,017.67  (⬇️ -2.85%)

Bitcoin Fear and Greed Index: 57 Greed 🙂
Major bias for Bitcoin in the past 7 days: 🐻 Bearish

Trending Coins (Top gainers & losers)

CHZ:       4.58% ⬆️
BNB:       2.36% ⬆️
INJ:        -3.26% ⬇️
ORCA:   -4.64% ⬇️

Today's highlights

Bitcoin 'needs to clear' $57K liquidity for post-halving rally
- Cointelegraph

US Stablecoin Legislation Sparks Optimism About a Ripple Launch
Coindesk
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