Bitcoin (BTC) reached a new all-time high price on April 15. Despite this, Ethereum (ETH) is moving upwards at an even faster rate.
XRP (XRP) might have reached a short-term top. Holo (HOT) has broken out from a descending resistance line.
Dash (DASH), EOS (EOS), and Curve DAO Token (CRV) are in the process of breaking out from horizontal resistance levels.
Bitcoin (BTC)
Bitcoin broke out above the $61,500 area on April 13. It reached an all-time high price of $64,854 the next day.
Technical indicators are bullish. This is especially evident by the fact that the MACD has nearly crossed into positive territory.
The closest resistance area is found at $68,725. This is an intermediate resistance level found by using an external Fib retracement.
While this could potentially reject the price, the upward move is likely to continue towards the range of $83,000-$90,000.
Ethereum (ETH)
The ETH/BTC pair has been moving upwards since March 24.
On April 2, it reclaimed the ?0.0352 resistance area and validated it as support after ten days.
It began a significant upward movement on April 13.
There is resistance at ?0.0397, the 0.618 Fib resistance level. Nevertheless, the main resistance is created by the February highs at ?0.046.
Technical indicators are bullish and support the continuation of the upward move. The RSI has just crossed above 70.
It’s possible that this is the beginning of a new bullish impulse that could take ETH/BTC up to its 2018 highs.
