Bitcoin, Ethereum, Zilliqa Price Analyses
Bitcoin, Ethereum, Zilliqa Price Analyses
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Bitcoin, Ethereum, Zilliqa Price Analyses

By R.L. Bryer - 4 Apr 2022

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Bitcoin Analysis 

Bitcoin’s price alternated between red and green candles over the weekend and finished Sunday’s daily session in positive figures and +$558. 

The BTC/USD 1D chart below from mukri81 shows BTC’s price trading between the 0.786 fibonacci level [$45,104.43] and 1 [$48,580.87], at the time of writing.

Those that are optimistic about BTC’s price in the interim are aiming to break the 1 fib level followed by a second target of 1.618 [$58,620.31]. The third target for bullish traders is 2.618 [$74,865.36]. 

The targets to the downside on BTC for bearish traders are 0.786, 0.618 [$42,375.26] and 0.5 [$40,458.35].

Bitcoin Analysis 
BTC/USD 1D chart: price traded between the 0.786 fibonacci level [$45,104.43] and 1 [$48,580.87]
Bitcoin’s Moving Averages: 5-Day [$46,928.04], 20-Day [$42,380.35], 50-Day [$41,084.69], 100-Day [$45,334.54], 200-Day [$46,254.11], Year to Date [$41,437.54].

The Fear and Greed Index is 52 Neutral and is +4 from Sunday’s reading of 48 Neutral. 

Fear and Greed
Fear and Greed Index at 52 Neutral 

BTC’s 24 hour price range is $45,667-$47,322 and its 7 day price range is $44,347-$47,884. Bitcoin’s 52 week price range is $29,341-$69,044. 

The price of bitcoin on this date last year was $57,060. 

The average price of BTC for the last 30 days is $42,220.2. 

Bitcoin’s price [+1.22%] closed its daily candle worth $46,383 on Sunday.

Ethereum Analysis 

Ether’s price finished up over 2% on Sunday and concluded its daily session +$78.84.

The second chart we’re analyzing today is the ETH/USD 1D chart below by Chahin073. The chartist posits that Ether’s price is currently in the midst of painting a Bearish Gartley pattern on the daily timescale. 

We can see that Ether’s price is potentially nearing the peak of the D wave at the 0.786 fib level [$3,560.56] if the Bearish Gartley proceeds to formulate. 

The primary target to the upside for bullish Ether market participants is 1 [$3,939.05]. Conversely, the primary target to the downside to help kickoff the Bearish Gartley pattern is 1 [$3,281.80].

Ethereum Analysis
ETH/USD 1D chart: Ether’s price is currently in the midst of painting a Bearish Gartley pattern

Ether’s Moving Averages: 5-Day [$3,394.03], 20-Day [$2,935.46], 50-Day [$2,846.52], 100-Day [$3,365.42], 200-Day [$3,278.52], Year to Date [$2,946.10].

ETH’s 24 hour price range is $3,421-$3,573 and its 7 day price range is $3,220-$3,573. Ether’s 52 week price range is $1,719-$4,878. 

The price of ETH on this date in 2021 was $2,016.67.

The average price of ETH for the last 30 days is $2,925.34. 

Ether’s price [2.29%] closed its daily candle on Sunday worth $3,521.13.

Zilliqa Analysis

Zilliqa’s price pulled-back greater than 17% over the weekend and when traders settled up on Sunday ZIL’s price was -$0.012 for the day.

The third chart we’re looking at for Monday is the ZIL/USD 1W chart below from ALTCOIN_BEAST. Zilliqa’s price is trading between the 0.786 fib level [$0.138] and 1 [$0.180] on the weekly time frame, at the time of writing.

Traders looking for more upside on the weekly time frame are taking aim at the 1 fib level, 1.272 [$0.22], and 1.618 [$0.28].

From the perspective of bearish traders, their targets are 0.76 followed by 0.5 [$0.09], and thirdly 0.382 [$0.07].

Zilliqa Analysis
ZIL/USD 1W chart: price traded between the 0.786 fib level [$0.138] and 1 [$0.180]
Zilliqa’s price is -23.2% against The U.S. Dollar for the last 12 months, -3.52% against BTC, and -54.12% against ETH over the same duration, at the time of writing.

ZIL’s Moving Averages: 5-Day [$0.159], 20-Day [$0.075], 50-Day [$0.057], 100-Day [$0.064], 200-Day [$0.079], Year to Date [$0.058]. 

Zilliqa’s 24 hour price range is $0.149-$0.172 and its 7 day price range is $0.098-$0.218. ZIL’s 52 week price range is $0.033-$0.255. 

Zilliqa’s price on this date last year was $0.182.

The average price of ZIL over the last 30 days is $0.069. 

Zilliqa’s price [-7.31%] closed its daily session valued at $0.153 on Sunday. 

R.L. Bryer

Since 2009, the onset of the bitcoin network, R.L. Bryer has been covering the space. He is the author of Blockchain: Project Renaissance Volume I and II. He's also been the guest of countless bitcoin and cryptocurrency related podcasts throughout the world. Every opportunity, he speaks on or writes about Austrian Economics and how bitcoin is the world's preeminent money.

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