{"id":377391,"date":"2019-04-06T04:28:21","date_gmt":"2019-04-06T04:28:21","guid":{"rendered":"https:\/\/ktsl888.com\/?p=377391"},"modified":"2024-06-11T13:39:12","modified_gmt":"2024-06-11T13:39:12","slug":"bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/","title":{"rendered":"Bitcoin (BTC), Ethereum, Ripple and BCH Poised for Further Gains"},"content":{"rendered":"<ul>\n<li>Bitcoin price is consolidating and likely setting up for a fresh rise above $5,050 against the US Dollar.<\/li>\n<li>Ethereum, ripple, bitcoin cash and litecoin are trading with a positive bias above key supports.<\/li>\n<li>There is a major bullish trend line formed with support at $4,820 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair must clear the $5,050 and $5,100 resistance levels to start a fresh increase towards $5,300.<\/li>\n<\/ul>\n<p><em>Bitcoin (BTC) is trading with a bullish bias and it could rally above the $5,100 resistance. Altcoins like Ethereum, ripple, <a href=\"https:\/\/ktsl888.com\/2019\/04\/05\/bitcoin-cash-tron-trx-bnb-ltc-eos\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin cash<\/a>, litecoin and cardano are trading above key supports and likely to trade higher.<\/em><\/p>\n<h2>Bitcoin Price Analysis<\/h2>\n<p>Recently, we saw a decent downside correction from the $5,359 swing high in bitcoin price against the US Dollar. The BTC\/USD pair declined below the $5,250 and $5,100 support levels to move into a short term bearish zone. The price traded as low as $4,754 and remained well above the 100 hourly simple moving average. Later, there was a fresh increase above the $4,900 level and the 23.6% Fib retracement level of the last drop from the $5,360 swing high to $4,754 low.<\/p>\n<p>The price recently traded above a connecting bearish trend line with resistance at $4,975 on the hourly chart. The price even traded above the $5,000 level, but it failed to gain momentum above the $5,050 resistance. There was also no convincing break above the 50% Fib retracement level of the last drop from the $5,360 swing high to $4,754 low. At present, the price is trading in a range above the $4,950 and $4,900 supports. There is also a major bullish trend line forming with support at $4,820 on the same chart.<\/p>\n<p>Therefore, there could be range moves in the short term before the price attempts to surpass the $5,050 and $5,100 resistance levels. Looking at altcoins, NANO and ZIL are currently gaining bullish momentum and are up more than 10%. Among the top 10 coins, Ethereum, <a href=\"https:\/\/ktsl888.com\/2019\/04\/05\/ripple-xrp-price-analysis-is-this-the-correction\/\" target=\"_blank\" rel=\"noopener noreferrer \">ripple<\/a>, bitcoin cash and litecoin are placed nicely above key supports and they are likely to follow bitcoin higher if it clears the $5,100 resistance.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-377392\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-5.png?resize=1828%2C868\" alt=\"Bitcoin Price Analysis BTC Chart ETH XRP BCH\" width=\"1828\" height=\"868\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-5.png?w=1828 1828w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-5.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-5.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-5.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-5.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-5.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-5.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XBTUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, BTC price seems to be consolidating gains above the $4,800 support and the 100 hourly SMA. It is likely to climb above the $5,050 and $5,100 resistance levels. The next key resistance is near $5,250, above which the price is likely to revisit the $5,359 high. Conversely, a close below $4,800 and the 100 hourly SMA might push the price towards the $4,600 area.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is slowly moving back in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is currently flat above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $4,900 followed by $4,800.<\/p>\n<p>Major Resistance Levels \u2013 $5,050, $5,100 and $5,200.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is consolidating and likely setting up for a fresh rise above $5,050 against the US Dollar. Ethereum, ripple, bitcoin cash and litecoin are trading with a positive bias above key supports. There is a major bullish trend line formed with support at $4,820 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The pair must clear the $5,050 and $5,100 resistance levels to start a fresh increase towards $5,300. Bitcoin (BTC) is trading with a bullish bias and it could rally above the $5,100 resistance. Altcoins like Ethereum, ripple, bitcoin cash, litecoin and cardano are trading above key supports and likely to trade higher. Bitcoin Price Analysis Recently, we saw a decent downside correction from the $5,359 swing high in bitcoin price against the US Dollar. The BTC\/USD pair declined below the $5,250 and $5,100 support levels to move into a short term bearish zone. The price traded as low as $4,754 and remained well above the 100 hourly simple moving average. Later, there was a fresh increase above the $4,900 level and the 23.6% Fib retracement level of the last drop from the $5,360 swing high to $4,754 low. The price recently traded above a connecting bearish trend line with resistance at $4,975 on the hourly chart. The price even traded above the $5,000 level, but it failed to gain momentum above the $5,050 resistance. There was also no convincing break above the 50% Fib retracement level of the last drop from the $5,360 swing high to $4,754 low. At present, the price is trading in a range above the $4,950 and $4,900 supports. There is also a major bullish trend line forming with support at $4,820 on the same chart. Therefore, there could be range moves in the short term before the price attempts to surpass the $5,050 and $5,100 resistance levels. Looking at altcoins, NANO and ZIL are currently gaining bullish momentum and are up more than 10%. Among the top 10 coins, Ethereum, ripple, bitcoin cash and litecoin are placed nicely above key supports and they are likely to follow bitcoin higher if it clears the $5,100 resistance. Looking at the chart, BTC price seems to be consolidating gains above the $4,800 support and the 100 hourly SMA. It is likely to climb above the $5,050 and $5,100 resistance levels. The next key resistance is near $5,250, above which the price is likely to revisit the $5,359 high. Conversely, a close below $4,800 and the 100 hourly SMA might push the price towards the $4,600 area. Technical indicators: Hourly MACD \u2013 The MACD is slowly moving back in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is currently flat above the 50 level. Major Support Levels \u2013 $4,900 followed by $4,800. Major Resistance Levels \u2013 $5,050, $5,100 and $5,200.<\/p>\n","protected":false},"author":67,"featured_media":377393,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119],"class_list":["post-377391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc"],"acf":[],"yoast_head":"\n<title>Bitcoin (BTC), Ethereum, Ripple and BCH Poised for Further Gains<\/title>\n<meta name=\"description\" content=\"Bitcoin (BTC) is trading with a bullish bias and it could rally above the $5,100 resistance. 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Altcoins like Ethereum, ripple, bitcoin cash, litecoin and cardano are trading above key supports and likely to trade higher.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-06T04:28:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:39:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-Ethereum-Ripple.jpg?fit=1200%2C741\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"741\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Bitcoin (BTC), Ethereum, Ripple and BCH Poised for Further Gains\",\"datePublished\":\"2019-04-06T04:28:21+00:00\",\"dateModified\":\"2024-06-11T13:39:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/\"},\"wordCount\":438,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-Ethereum-Ripple.jpg?fit=1200%2C741\",\"keywords\":[\"bitcoin\",\"btc\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/\",\"name\":\"Bitcoin (BTC), Ethereum, Ripple and BCH Poised for Further Gains\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-ethereum-ripple-and-bch-poised-for-further-gains\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/Bitcoin-Ethereum-Ripple.jpg?fit=1200%2C741\",\"datePublished\":\"2019-04-06T04:28:21+00:00\",\"dateModified\":\"2024-06-11T13:39:12+00:00\",\"description\":\"Bitcoin (BTC) is trading with a bullish bias and it could rally above the $5,100 resistance. 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